NBA Allen Iverson’s Atlanta Mansion Foreclosed
In Dec., we learned that Allen Iverson’s Atlanta mansion was getting ready to be placed in a foreclosure auction. He defaulted on the $1.2 million mortgage, which caused it to go into foreclosure. The home is valued around $4.5 million. Iverson did not let go of the house without a fight.
In fact, he did delay the foreclosure auction until now. As of yesterday, the bank purchased the Atlanta mansion for $2.5 million (via TMZ). If that is not bad enough, during his divorce case this week, the judge basically called him the worst dad in the world.
This NBA superstar is not so super anymore.
This photo is courtesy of By Keith Allison from Baltimore via Wikimedia Commons at en.wikipedia and it is licensed under the Creative Commons Attribution 2.0 Generic license.
NBA’s Allen Iverson Atlanta Home in Foreclosure Auction Today
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.
