Nas' House was Foreclosed on.

Real

Real

Location: Under Your Skin
Joined
May 13, 2012
Messages
28,661
Reputation
2,680
Daps
74,289
Reppin
Under Your Skin
....and sold at an auction.

Life's a bytch ... 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.

SunTrust recently foreclosed on the property and then sold it to the highest bidder at public auction last month for $348,500 ... WAY LESS than the rapper paid eight years ago.

It's a steal for the new owner -- the house is over 3,500 square feet with a walk-in pool and hot tub ... granite counter-tops ... custom theater ... gym and game room.
Click to expand...

Read more: Celebrity Gossip | Entertainment News | Celebrity News | TMZ.com
 
HendriX

HendriX

.
Joined
May 6, 2012
Messages
6,290
Reputation
225
Daps
9,034
If it wasnt for his classic music..the gawd woulda been a living walking L :to:
 
JoelB

JoelB

All Praise To TMH
Joined
May 1, 2012
Messages
22,465
Reputation
4,031
Daps
81,387
Reppin
PHI 2 ATL
Real said:
:whoa:
TBM...SOHH ICEY truce.



I'm just a reporting his long list of L's:skip:
Click to expand...

Please breh...:sadbron: The Coli is slow on the weekends and the monday crowd hasnt seen this yet.

The loan was most likely upside down so Nas won by just letting the bank take it rather than paying on that depreciated property.

:whew: crisis averted
 
CapFromMCU

CapFromMCU

Pro
Joined
Jun 29, 2012
Messages
1,750
Reputation
0
Daps
1,726
Reppin
NULL
NasLost.jpg
.....


























xm0bau.gif
 
You must log in or register to reply here.
Top