Remember T-Boz’s Georgia mansion she almost lost to foreclosure a few years back? Well, according to TMZ, she recently sold it, but for only half of what she paid for it.
The TLC singer almost lost her home in 2008 when she failed to make the mortgage payments on time, but was able to keep it from going on the auction block. She eventually filed for bankruptcy in 2011, with the mortgage on her home being her main debt.
The singer sold it for $680,000, a far cry from the $1,122,700 price she purchased it for back in 2001.
Also On Black America Web:
This Week’s Celebrity Instagrams (5/15-5/21)
https://ioneblackamericaweb.files.wordpress.com/2015/05/dwaynewadeig.jpg?w=180&h=180&crop=1 https://ioneblackamericaweb.files.wordpress.com/2015/05/nialongig.jpg?w=180&h=180&crop=1 https://ioneblackamericaweb.files.wordpress.com/2015/05/larenztateig.jpg?w=180&h=180&crop=1 https://ioneblackamericaweb.files.wordpress.com/2015/05/mariahcareyig.jpg?w=180&h=180&crop=1 https://ioneblackamericaweb.files.wordpress.com/2015/05/tank_ig.jpg?w=180&h=180&crop=1
Tags: Bankruptcies » T-BOZ