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Nas' Home Sold In Public Auction After Bank Foreclosure!

| Filed under: Legal MattersSad SadNasBusiness BlitzFor Reals Estate

nas home foreclosure sold public auction

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.]

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2 comments to “Nas' Home Sold In Public Auction After Bank Foreclosure!”

  1. 1

    Well, he owns 5 houses.. im sure he is just fine.

  2. 2

    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.