*Talk about catch me if you can.
DMX is avoiding foreclosure, yet he’s not exactly hiding since he’s going on tour soon.
It’s unknown how, but the bank hasn’t been able to seal the deal on closing the foreclosure on DMX’s Arizona home.
*In 2009, Angela Logan made national headlines when she decided to sell her homemade apple cakes in an effort to keep her home out of foreclosure.
The model and actress first fell on hard times when one of her talent agencies shut down without paying her for commercial work. In 2007, a contractor she paid to renovate her home did just a portion of the job before splitting with all of the money – leaving her entire second floor looking like an abandoned construction site.
It was then that the 55-year-old divorced mother of three began to fall behind on her mortgage and other bills. A counselor at Consumer Credit Counseling of New Jersey brainstormed with her to come up with ways she could earn extra income.
“I put together a plan to go back to school, to do hair, and to sell the cakes,” Logan told the TCA at its press tour in Pasadena on Saturday. “The cakes were like the final thing because school was going to happen later. The hair was not enough money. And I said what if I sell these cakes?”
*The Florida property O.J. Simpson called home for almost a decade prior to being sent to prison in Nevada is going up for auction.
Two years after JP Morgan Chase filed to foreclose on the house, a Miami-Dade County judge has signed off on a motion for summary judgment, reports Gossip Extra.
The bank will take possession of the home on Tuesday and set Oct. 29 as the auction date.
Simpson remains behind bars on armed robbery and kidnapping charges following a botched attempt in 2007 to get back some of his sports memorabilia from collectors whom he met with in a Vegas hotel room.
After being acquitted on criminal murder charges in 1997, Simpson was found liable for the deaths of his ex-wife Nicole Brown and her friend Ronald Goldman. A Los Angeles judge ordered him to pay his victims’ families $25 million.
He moved to Florida and bought a new home there because the Sunshine State’s laws protected a primary residence from being seized to pay off a civil judgment.
Simpson was recently granted parole on some of the charges for which he’s in prison. He may be granted parole on the remaining charges in 18 months.
Duante Culpepper who once had a promising career in the NFL, has lost a Florida home he owned to a bank in a foreclosure case.
According to Broward County court records, Culpepper, surrendered the nearly 10,000-square-foot home in April to SunTrust Bank in lieu of foreclosure. The bank dropped its lawsuit against the ex-NFL quarterback earlier this month.
Culpepper bought the house for about $3.6 million when he was signed by the Miami Dolphins in 2006. The bank cited $3 million in debt in court papers. Records show Culpepper still owns another home in the suburb of Weston.
Besides the Dolphins, Culpepper played for the Minnesota Vikings, Oakland Raiders and Detroit Lions. He last played in 2010 for the Sacramento Mountain Lions of the United Football League.
The foreclosure was first reported by the South Florida Business Journal.
*The recession along with predatory lending has forced a lot of people out of their homes.
But, it’s such an epidemic across the country that the ex-homeowners become squatters in their own homes just to have someone where to live.
But, others have joined in on the squatting that have absolutely no affiliation with the homes.
Detroit’s problem with squatters is intensifying as more and more homeowners lose their homes…or go out of town for a while.
One woman on the westside of Detroit complained to Fox Detroit that her house was full of squatters when she came back to her home after being out of town for a few months.
It turns out that a couple of the people in her home were her own neighbors.
On top of being singled out as probably the worst parent ever by an Atlanta divorce judge earlier this week, he got another dose of bad news. He’s now homeless. Well, actually he’s mansionless you could say.
TMZ is reporting that the former NBA star’s Atlanta home (see photo below)has been sold off in a foreclosure auction.
Iverson allegedly defaulted on a $1.2 million mortgage which sent the $4.5 million home into foreclosure. He briefly fought off an auction, but ultimately, he couldn’t stop it.
Sources close to the sale say Iverson’s bank purchased the mansion yesterday for $2.5 million.