Nas Loses Home In Foreclosure, Sold At Auction

By psylence2k - 10-14-2012, 01:00 PM - Boxden > The Hip-Hop Spot

Life's a !! ... 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.

Read more: Rapper Nas -- Georgia House Foreclosed, Sold At Auction | TMZ.com

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> Nas Loses Home In Foreclosure, Sold At Auction - Photo posted in The Hip-Hop Spot | Sign in and leave a comment below!

10-14-2012, 01:01 PM

Life is good?

10-14-2012, 01:03 PM

Damn. Life's a !! take a couple L's then you die

10-14-2012, 01:13 PM

there's more to this story [pic]

10-14-2012, 01:16 PM

Nice house nas got a couple houses so he good

10-14-2012, 01:25 PM

Blessing in the sky if u ask nas

Who wants to live in Georga ? I ain't ate a peach in years plus atl rap scene is wack w Gucci and Jeezy tweeting beefs like school girls. Plus the braves suck the hawks are worse and falcOns bout to lose to Oakland
Georgia is like probably number 45 on states I'd like to live in

Nas been spending alot of time in Cali and NY. Fuk a Georgia ol racist[..] state

10-14-2012, 01:33 PM

Thought Nas was caked up. Why is he taking out loans anyway.

!! TMZ tho. They make sure they make people look as bad as they can w/ their misleading[..] titles. Especially black people.

10-14-2012, 01:37 PM

none of ya'll know what you're talking about, probably because you're all young..

why would Nas pay for that house when the total value is less than what he owes.. worst thing that's gonna happen to him is his credit will get get which don't even matter cause he's rich.

Nas won..

10-14-2012, 01:40 PM

he had a storm trooper though [pic]

10-14-2012, 01:43 PM

maybe nas bought a house he cant afford

10-14-2012, 01:43 PM

Originally Posted by whothebestmc

he had a storm trooper though [pic]

[pic] Nas - Star Wars - YouTube

10-14-2012, 01:45 PM

Nas probably forgot he bought that !!.

10-14-2012, 01:57 PM

50 stays winning, Nas stays losing.

10-14-2012, 02:05 PM

Originally Posted by ThatDude0824

Blessing in the sky if u ask nas

Who wants to live in Georga ? I ain't ate a peach in years plus atl rap scene is wack w Gucci and Jeezy tweeting beefs like school girls. Plus the braves suck the hawks are worse and falcOns bout to lose to Oakland
Georgia is like probably number 45 on states I'd like to live in

Nas been spending alot of time in Cali and NY. Fuk a Georgia ol racist[..] state

you mean blessing in disguise,right? [pic]

10-14-2012, 02:07 PM

I would let the bank take that !! too instead of me selling it..mansion is not that nice[pic]

and if you think nas is broke you just stupid..he can get 40-50 thousand EUROS a show overseas..he just trying to get out of his financial mess (alot of things he has to fix are from kelis but in his name)

10-14-2012, 02:13 PM

Originally Posted by Windy

Nas lost[pic]

!![..] nas stans talking about if he owe this much much he most of made even more[pic]

nas broke

nas gonna be rapping till he 60 and its just gonna keep getting progressively worst

he dont even got his own restaurant yet[pic]

nas lost[pic]

grammar lost.

10-14-2012, 02:15 PM

Originally Posted by Dray

I would let the bank take that !! too instead of me selling it..mansion is not that nice[pic]

and if you think nas is broke you just stupid..he can get 40-50 thousand EUROS a show overseas..he just trying to get out of his financial mess (alot of things he has to fix are from kelis but in his name)

Nas purchased the 2-bedroom, 3-bath pad back in 2004 for $585,000

why are you calling it a mansion?

10-14-2012, 02:19 PM

that house is wack as hell on the inside, i would have let it go too..

10-14-2012, 02:24 PM

life is good huh

rappin wat other niccas is rappin aint nas

summer on smash my !! though

10-14-2012, 02:27 PM

Originally Posted by FoShizzle8

well thats all good and everything.but over here in america we use dollers and not euros

euros worth more the the dollar at the moment [pic]

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