Allen Iverson Victim of Foreclosure; Loses ATL Mansion

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  • Allen Iverson is having one bad week.

    On top of being singled out as probably the worst parent ever by an Atlanta divorce judge earlier this week, he got another dose of bad news. He’s now homeless. Well, actually he’s mansion-less you could say.

    TMZ is reporting that the former NBA star’s Atlanta home has been sold off in a foreclosure auction.

    Iverson allegedly defaulted on a $1.2 million mortgage which sent the $4.5 million home into foreclosure. He briefly fought off an auction, but ultimately, he couldn’t stop it.

    Sources close to the sale say Iverson’s bank purchased the mansion yesterday for $2.5 million.


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