T-Boz Sold Georgia Home Avoided Foreclosure
The TLC singer is singing a different tune these days. A few years ago, we heard about T-Boz on the verge of foreclosure. Her Georgia mansion just sold and for nearly half of what she purchase it for.
In 2008, we heard about the TLC singer, T-Boz on the verge of foreclosure. The property is located in Georgia and she sold it for half of what she paid for it.
When she failed to pay her mortgage payments on time, she was able to save it from the auction block. T-Boz even filed for bankruptcy in 2011, and the home was the main debt.
The home sold for $680,000. She purchased it in 2001 for $1.12 million.
Olympian Ryan Lochte’s Parents in Foreclosure
The swimming US Olympian, Ryan Lochte’s parents are drowning in debt and possibly losing their home.
Volusia County, Florida, a lawsuit has been files against Ileane and Steven Lochte. It is due to a mortgage loan that was original taken out in 2007 for $258,000. The monthly payments were $1,609.58.
According to reports, the Lochtes stopped paying the mortgage in February 2011. They currently owe $242,239 plus interest. The bank is suing to foreclosure in attempt to get their money back.
The lawsuit says if the sale of the home does not satisfy the debt, the bank will be pursuing the couple for the difference. Mrs. Lochte filed a motion last month to have the case dismissed. The judge has not yet ruled.
