Allen Iverson’s $4.5 million Atlanta mansion was put into foreclosure last week and was scheduled to go on the auction block on December 4. The former NBA player has been able to stall the auction, however, by filing a lawsuit against his lender.Read more at http://www.inquisitr.com/430395/allen-iverson-fights-foreclosure-stalls-auction-for-mansion/#L0OBmVWUijF21Ad4.99
Life's a bitch ... Nas sang it and now he's living it ... because besides being knee deep in tax debt, TMZ has learned the rapper just lost his Georgia crib to foreclosure.
According to official records, Nas purchased the 2-bedroom, 3-bath pad back in 2004 for $585,000 ... but according to SunTrust bank (which issued him the loan) ... Nas couldn't foot the bill and defaulted on the payments, still owing $507,000.
Read more: http://www.tmz.com/2012/10/14/rapper-nas-georgia-house-foreclosed-gallery/#ixzz29IhskBGU
Sad news for Evander Holyfield. He had to officially move out of his mansion. He has faced foreclosure on his home several times, but this time he was unsuccessful in keeping the mortgage company away. They had previously allowed him to stay in the home. According to TMZ, Evander apparently failed to strike a deal with the bank on his past due mortgage so he’s packing up and headed to an undisclosed location.
Read more: http://straightfromthea.com/2012/07/09/evander-holyfield-home-fayetteville-foreclosure-auction/#ixzz20BdyIqK7