Besides being knee deep in tax debt, Nas 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.
And now…the house.
This is EbenGregory.com…telling you a foreclosure helps you get back on your feet by taking away your couch. Free jewelry.