BOSSIP Exclusive: DMX Loses Mansion To Foreclosure

- By Bossip Staff

dmx

Judge Orders DMX’s Home Foreclosed Over $730,000 Debt

DMX and his estranged wife may be put out on the streets after a judge ordered their mansion be put into foreclosure and sold to pay their debts.

Judge Lewis Lubell ruled last week that the Yonkers rapper’s home in upscale Westchester County, NY be foreclosed on and sold off after he found that DMX’s wife, Tashera hadn’t successfully argued why he should hold off on making the ruling.

Compass Bank sued the ex-couple, alleging the Simmons’ owed $738,134 in back mortgage payments, interest, late charges and a negative escrow balance.

dmx foreclosure docs

DMX and Tashera have been battling for years to save their tony Mt. Kisco, NY home, which sits on nearly three acres. The couple bought the home for $649,000 in 2000, according to public records, and got a $495,000 mortgage on it three years later. But they stopped making mortgage payments in 2008, and Compass Bank sued to foreclose on the mansion, according to court records.

We’ve reached out to the lawyer repping Tashera on the case. We’ve also contacted DMX’s rep.

More Stories From Bossip

Comments

blog comments powered by Disqus