Nas' Home Sold In Public Auction After Bank Foreclosure!
Poor Nas!
The rapper, who is already facing serious tax debt, just had his 3,500 square foot, 2-bedroom, 3-bathroom home in Georgia foreclosed upon after he defaulted on his loan payments to SunTrust bank!
According to records, the house - which has a walk-in pool, hot tub, theater, gym, game room, and granite counter-tops - was originally purchased in 2004 for $585,000, but Nas only could pay off $78,000 before realizing he couldn't foot the rest of the bill!
As a result, the home went to the highest bidder at a public auction last month who only had to pay $348,500!
Ouch! That HAD to have hurt!
Sometimes you just have to learn the hard way that Uncle Sam always wins!
[Image via WENN.]
Tags: failure to pay, foreclosure, home, loan payments, nas, property, public auction, sold, suntrust bank
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Well, he owns 5 houses.. im sure he is just fine.
Poor Nas?
Most people would love to be able to afford ONE home in this economy, and he had 5. Greedy. Live within your means, for goodness sake.