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Nas Loses Home In Foreclosure, Sold At Auction


 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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85 comments for "Nas Loses Home In Foreclosure, Sold At Auction"


 10-14-2012, 01:01 PMaway - #2
BatmanGullyFam
Life is good?
 10-14-2012, 01:03 PMonline - #3
Sha Bello
Damn. Life's a !! take a couple L's then you die
 10-14-2012, 01:13 PMaway - #4
ash1990
there's more to this story [pic]
 10-14-2012, 01:16 PMaway - #5
Kingpin 313
Nice house nas got a couple houses so he good
 10-14-2012, 01:25 PMaway - #6
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
 10-14-2012, 01:33 PMaway - #7
KiddMischief
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 PMaway - #8
BlaznHizzle|M
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 PMaway - #9
whothebestmc
he had a storm trooper though [pic]
 10-14-2012, 01:43 PMaway - #10
DreamChasers
maybe nas bought a house he cant afford
 10-14-2012, 01:43 PMaway - #11
Nickel
Originally Posted by whothebestmc
he had a storm trooper though [pic]
[pic] Nas - Star Wars - YouTube
 10-14-2012, 01:45 PMaway - #12
Sam Rothstein
Nas probably forgot he bought that !!.
 10-14-2012, 01:57 PMaway - #13
murdamurda
50 stays winning, Nas stays losing.
 10-14-2012, 02:05 PMonline - #14
Emperor85
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 PMaway - #15
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)
 10-14-2012, 02:13 PMaway - #16
hollaballooza
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 PMonline - #17
Emperor85
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 PMaway - #18
Taste Maker
that house is wack as hell on the inside, i would have let it go too..
 10-14-2012, 02:24 PMaway - #19
Im Soo Special
life is good huh

rappin wat other niccas is rappin aint nas


summer on smash my !! though
 10-14-2012, 02:27 PMonline - #20
Emperor85
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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