Rapper NAS Georgia Home Foreclosed
Nas has been singing himself right into a load of financial trouble. Not only is he knee-deep in tax debt, his Georgia home was just foreclosed (via TMZ). Official records say he purchased the two bedrooms, three-bathroom home in 2004 for $585,000. The bank reported he defaulted on payments with an outstanding balance of $507,000.
The home sold to the highest bidder at a foreclosure public auction last month. The final bidding price was $348,500. The new owner just got a 3,500 sq ft property with a hot tub, walk-in pool, granite counters, theater, gym and game room. The new homeowner definitely made out well on this deal. As for Nas, this is Sweet Dreams to the Georgia home.
October 15, 2012 | Filed Under Rappers in the Crapper
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