Kim Zolciak-Biermann reportedly back in major financial problems!
At Real Housewives of Atlanta star and his wife Kroy BiermannHis $2.6 million mansion in Alpharetta, Georgia is back in foreclosure — just a month after he saved his home from foreclosure last October.
according to All about Tea Friday, a new notice was filed with Fulton County Records on February 8 by Truist Bank (which used to be SunTrust Bank). Apparently, the couple has not paid off the loan totaling $1,650,000, plus taxes and fees, so now the house is up for sale!
Related: Shakira Scaring Away Gerard Piqué’s Parents With A ‘Witch’ Ritual?!
According to records, the bank started foreclosure proceedings on the 5-bedroom, 6.5-bathroom home in August 2022 and plans to auction the property on March 7th! It’s only a week away!! The outlet reported the home “will be sold by public protest to the highest bidder for cash before the Fulton County, Georgia courthouse,” according to a legal letter. The reason for the foreclosure has been listed as “among other defaults, failure to pay the debt,” the document added:
“The debt secured by the Security Deed has been and is hereby declared due, among other possible events, to the failure to pay the debt as and when due and in the manner provided in the Notes and the Security Deed. The debt remains in default, Sale it will be made for the purpose of paying the same and all the expenses of this sale, as provided in the Security Deed and by law, including attorney’s fees (notice of the intention to collect attorney’s fees has been given).
Legal notice continues:
“The property will be sold subject to outstanding ad valorem taxes (including taxes that are a lien, but not yet due and payable), anything that may be revealed by an accurate survey and examination of the property, assessments, liens, encumbrances, zoning regulations , restrictions, covenants, and matters superior to the above-mentioned Security Deed.”
Reality star and formerNFL The athlete bought the home in 2012 for $880,000, taking out two mortgages to finance the home, according to court records. After completing extensive renovations, the home is now valued at $2,535,285. Described as an Estate home located on the 18th hole Manor Golf & Country Club. The master suite is on the main level with 4 additional bedrooms, a walk-out basement, a six-car garage, and an in-ground pool.
Related: Julia Fox Responds to Viral Apartment Tour Backlash!
As we know, this is not the first time the family has come close to foreclosure. Back in October 2022, there were reports the house would be auctioned off after the couple defaulted on a $300,000 loan. Not long ago, it was rumored to have sold for just $257,000. But the next month, 44 years took for him Instagram for the blast report, said:
“Okay, my house is not for sale for $257,000. If you think I’m going to let my house that I’ve made millions and millions of dollars for $257,000, you’re an idiot, okay? Convince”
He continued:
“So what are you going to do, haters, when I’m here for Christmas, and I’m here for my birthday in May, and I’m here for all these amazing dates? I’m here until I want to move – until I decide I don’t want to live here anymore. So enjoy the view, the haters, because you’re going to see it for a while.
Interestingly, the mum-of-six also addressed the foreclosure rumors on the ‘gram last week – just two days before Entire About Tealatest report. When fans apparently asked if On Jason’s side has bought a home amid foreclosure reports, he said:
“WTF!! No one is buying my house! It was never sold or expropriated by those who made it boring because they were bored. stupid blog”
Hmm…
While he has not completed this latest report, we feel he will keep his promise and insist that his home is not at risk, as he has been up to now. Mind? Let us know (below)!
[Image via Kim Zolciak-Biermann/Instagram]