NBA’s Allen Iverson Atlanta Home in Foreclosure Auction Today

This photo is courtesy of thanasim25 (Arthur Mouratidis) and it is licensed under the Creative Commons Attribution 2.0 Generic license.

Allen Iverson, a former NBA player, is losing his Atlanta home. Today, the bank placed the home in a foreclosure auction. The property is being auctioned with all of Iverson’s personal belongings inside. There is no word on a buyer yet.

In 2010, Iverson purchased the mansion for $4.5 million. Official records (via TMZ) says that the NBA star defaulted on his mortgage. The home is not the only thing Iverson is losing. Currently, he is going through a messy divorce.

This photo is courtesy of thanasim25 (Arthur Mouratidis) and it is licensed under the Creative Commons Attribution 2.0 Generic license.

December 4, 2012 | Filed Under Athletes in Trouble, Celebrities in Trouble, Celebrity Foreclosure List, Celebrity Foreclosure News, Celebrity Foreclosures, Rich and Famous Houses 

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