It's sad when one loses his home!
I SAY 3 THINGS
1-PAY YOUR TAXES
2-MAKE SURE YOUR CAR NOTE IS NOT MORE THEN YOUR HOUSE NOTE
3-LIVE WITH IN YOUR MEANS
He tried for years to keep his northwest Atlanta mansion. But
Jermaine Dupri has lost his former home to foreclosure, according to
Fulton County legal notices.
The
producer, songwriter and performer owes $2.5 million on the
9,441-square-foot home, but is unable to make the monthly payments,
according to a mortgage foreclosure notice. The property is valued at
nearly $3.7 million, Fulton tax records showed.
“The debt secured
by said Deed to Secure Debt has been and is hereby declared due because
of, among other possible events of default, non-payment of the monthly
installments on said loan,” the legal notice states. “The debt remaining
in default, this sale will be made for the purpose of paying the same
and all expenses of this sale, including attorney’s fees (notice of
intent to collect attorney’s fees having been given).”
TO READ MORE CLICK HERE http://www.ajc.com/news/news/jermaine-dupri-loses-his-atlanta-mansion-to-forecl/njQJB/
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