R.Kelly Loses Home To Foreclosure
R. Kelly‘s sprawling Chicago mansion has been reclaimed by the bank after the singer skipped out on his mortgage payments. According to , Kelly’s Olympia Fields home was sold Monday to J.P. Morgan Chase, which already held the mortgage. Chase set the opening bid at $950,000, then submitted the only offer.
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Back in 2011, the bank slapped Kelly with a $2.9 million foreclosure lawsuit claiming the crooner hadn’t paid his monthly mortgage payments in more than a year. Kelly reportedly left the home in the village of Olympia Fields and stopped making payments to get the bank to work with him on a loan modification. Kelly originally took out a loan for $3.5 million to buy the home in 1999, according to JPMorgan’s lawsuit. The value of the home dropped fast after the housing crash hit: It sank from $5.2 million to $3.8 million within a year.
Sounds like someone needed to get out of the closet and pay his bills!
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UP NEXT: Keshia Knight Pulliam Addresses Haters
Keshia Knight Pulliam Addresses Haters
Keshia Knight Pulliam found herself facing some harsh comments after a photo of her in a bathing suit hit the net from her new show “Splash,” a celebrity diving competition.
During a recent sit down with Wendy Williams, Keisha addressed the haters and dished on why her participation in the competition is so important for Black girls:
“I know what pictures you’re talking about and as a woman, no matter what, even if you don’t look like that, I was mortified for a moment. You know when you just fall out in your closet and I’m like ‘Ughhhhh.’ But, I realized that I could either be defeated by it or inspired by it. At the end of the day, I’m not the first woman or the last woman to have a picture that’s unflattering taken of them.”
“I wasn’t there, so I’m not going to say, but I believe they may have done something a little extra to them [the photos]. I had that moment, women, you know how we do, straight nude, out of the shower I looked in the mirror. I posed and was like ‘Yeah, I don’t look like that. I’m good.’
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