Life is good for Nas…even if his house gets foreclosed
on.
We're gonna assume Nas hasn't been putting any of
his tour checks or dough from album sales towards his
Georgia property.
According to TMZ:
Life's a bitch … 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.
Do you think Nas is broke??

Source:http://www..com/2012/10/nas-foreclosed-georgia-crib-hits.html