American Idol Fantasia Barrino lost foreclosure fight
About a year ago, we talked about Fantasia Barrino fighting to keep her North Carolina home out from foreclosure. It seems that the “American Idol” winner has lost the real estate battle. According to court documents (via TMZ), she avoided the entire foreclosure process because she transferred the deed to the bank in February.
Barrino gave up the fight on her home and left behind the 6,500 square-foot North Carolina mansion. She reportedly purchased the property for $1.3 million back in 2007. However, her financial problems began in 2008. This was when she supposedly defaulted on a $58,000 loan from Broward Energy Management.
This was what triggered the house to go on the market for $800,000 last April.
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R. Kelly’s Chicago Home Sold at Foreclosure
R. Kelly’s Chicago home has finally sold. However, the sale was more than a $4 million loss. The property includes 11,140 sq. ft. with six full baths, seven half-baths and a four-car garage. It was valued for over $5 million. At the foreclosure auction, the new homeowner purchased it for $950,000.
According to reports, R. Kelly owed over $3 million dollars on the home.
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Former Kiss Guitarist Ace Frehley in Foreclosure
Former KISS guitarist, Ace Frehley, is in foreclosure on his Westchester home. He has not paid his mortgage for two-years. It has been reported that he owes over $700,000 on the $735,000 three-bedroom, three-bathroom home. He purchased the 2,441 square foot residence on Feb. 15, 2006.
However, the bad news does not stop there. Frehley also owes almost $20,000 in back property taxes. This ‘Spaceman’ better get some quick cash or KISS that home goodbye.
This photo is courtesy of Toglenn Uploaded by MyCanon via Wikimedia Commons at en.wikipedia and it is licensed under the Creative Commons Attribution 2.0 Generic license.
Lindsay & Dina Lohan headed to foreclosure
First, a rumor began about Linsday Lohan being evicted from her Beverly Hills apartment. Lohan denied these allegations and said she simply moved to New York. Well, it is true that she moved to Long Island, NY., where she is staying with her mother. We also know that in Oct. 2012, Lohan helped save her mother’s Long Island home from a foreclosure.
It looks like this home is back on the chopping block from the bank. It was just announced that the New York home has just received another foreclosure notice. When the Mean Girls star gave her mother $40,000 to save the home, they believed this would help resolve the situation. Well, it turns out on Feb. 7, 2013, the New York Post said there was paperwork taped to the front gate of the property.
It was a legal notice serving Lindsay and Dina.
This photo is courtesy of Toglenn Uploaded by MyCanon via Wikimedia Commons at en.wikipedia and it is licensed under the Creative Commons Attribution 2.0 Generic license.
Former Football Star Jamal Anderson’s Home Foreclosed
Second from left to right: Jamal Anderson, Marshall Faulk, Warren Moon and Tiki Barber
Jamal Anderson is a former football player. He was the running back for the Atlanta Falcons. Anderson’s mansion in Atlanta, Ga. just sold at a foreclosure auction for $1 million. He paid around $775,000 for the home in 1999. (via TMZ)
In 2007, we saw this mansion featured on MTV Cribs. The home has 10 beds, 12 baths and is 14,000 sq. ft. This massive house includes a movie theater, pool and basketball court.
Since this former running back has been off the field, he has been dealing with the law. Around Feb. 2009, he was arrested and charged with possession of cocaine and marijuana. The charges were later dismissed. In June 2012, DeKalb County police arrested him for driving under the influence.
He pleaded guilty and the charges were reduced to 12-months of probation and a $700 fine.
This photo is courtesy of Gamerscore Blog via Wikimedia Commons at en.wikipedia and it is licensed under the Creative Commons Attribution 2.0 Generic license.
