When The Checks Stop Coming In: Nas’ Foreclosed Georgia Crib Hits The Auction Block [Photos]

- By Bossip Staff Categories: celeb, Celebrity Cribs, For Your Information

Life is good for Nas…even if his house gets foreclosed on.

We’re gonna assume Nas hasn’t been putting any of his tour checks or dough from album sales towards his Georgia property.

According to TMZ:

Life’s a bitch … Nas sang it and now he’s living it … because besides being knee deep in tax debt, TMZ has learned the rapper just lost his Georgia crib to foreclosure.

According to official records, Nas purchased the 2-bedroom, 3-bath pad back in 2004 for $585,000 … but according to SunTrust bank (which issued him the loan) … Nas couldn’t foot the bill and defaulted on the payments, still owing $507,000.

SunTrust recently foreclosed on the property and then sold it to the highest bidder at public auction last month for $348,500 … WAY LESS than the rapper paid eight years ago.

It’s a steal for the new owner — the house is over 3,500 square feet with a walk-in pool and hot tub … granite counter-tops … custom theater … gym and game room.

Do you think Nas is broke??

Hit the flip for pics of the home…

We Recommend

More on Bossip

Meet The Fast 7 Cast-Member Who Will Be Your New Crush

Can You Name The NBA Players Whose Faces Were Mashed Up To Make These Images

Fix Your Life: 15 Burning Questions We Want Iyanla To Ask Karrueche

Let Us Be Great: 10 Times “Saturday Night Live” Let A Black Woman Host

Comments

blog comments powered by Disqus