In Riches to Rags News: Nas’ Georgia Home Sold at Public Auction

 width=It seems we always hear these stories about rappers, actors, etc owing back taxes and losing cars, homes, etc.  Well here we go again.   Nas has lost his half-million dollar mansion in Georgia.Reports are coming out that Nas’ two-bedroom, three-bathroom mansion that was purchased in 2004, was recently foreclosed upon.  According to records, Nas defaulted on a $585,000 loan that was taken out at the time of purchase.Suntrust bank, which issued the loan, recently foreclosed on the home.  The mansion was sold at a public auction for $348,500. What do these entertainers need to do to keep up with their finances?



Leave a Reply