Nas Loses Home In Foreclosure, Sold At Auction

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Props Slaps
 10-14-2012, 08:16 PM         #41
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 Emperor85 said:
google "bless in the sky" then google "blessing in disguise" see what you get

from the archives :
 6 years ago '07        #42
biff 16 heat pts16
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dam 585.000 for a house like that? thats a steal nas shouldve kept it and sold it when the market went up
 6 years ago '04        #43
tariqosuave 
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Kevin Martin signed a 10 million dollar a year contract and then his house got forclosed on... why? cause its cheaper to get rid of it... rich people don't need credit... he has cash
 10-14-2012, 08:49 PM         #44
the synthesis 
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 KiddMischief said:
Thought Nas was caked up. Why is he taking out loans anyway.






fu*k TMZ tho. They make sure they make people look as bad as they can w/ their misleading a.ss titles. Especially black people.
All rappers take out loans i.e mortgagees, even millionaires

Its the same with cars

You cop something of high value and pay it back off in small chunks, it's less of a blow to ur income because u have money to invest somewhere else and also keeps the taxman off ur back

I'm not familiar with Nas situation, maybe he copped the crib with Kelis. I don't know how many properties he has, i'm sure he has a few up and down the country, but defulting on payments is never a good thing, but sometimes if u simply dont see the benefit of keeping it then best to let it go. He should have rented it out though, i dont see why anyone would let a property sit empty.
 10-14-2012, 09:51 PM         #45
youdug 
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damn shame to see someone who in most circles the greatest emcee ever having his house taken from him for peanuts.
 6 years ago '05        #46
TCV|m 18 heat pts18
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anyone else think that pad resembles tonys on the sopranos?
 6 years ago '08        #47
RokkyRok 50 heat pts50
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 tariqosuave said:
Kevin Martin signed a 10 million dollar a year contract and then his house got forclosed on... why? cause its cheaper to get rid of it... rich people don't need credit... he has cash
This.
The house was only worth 350k or so, why would he pay 200k more over value? That's just stupid.
 6 years ago '05        #48
Emperor85 
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 RokkyRok said:
This.
The house was only worth 350k or so, why would he pay 200k more over value? That's just stupid.
no thats how much the hows fetched at auction,it was worth over 500k at the time of purchased but isnt worth the same value due to the economy and the state of the real estate market
 10-15-2012, 06:29 AM         #49
Ni2 
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 Emperor85 said:
no thats how much the hows fetched at auction,it was worth over 500k at the time of purchased but isnt worth the same value due to the economy and the state of the real estate market
so yes?
 6 years ago '06        #50
LYTE 138 heat pts138
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 Big War said:
next your gonna tell me donald trump is broke b/c he filed for bankruptcy...
good one
 6 years ago '04        #51
Magnolia 7 heat pts
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 Windy said:
Nas lost


bi*ch a.ss nas stans talking about if he owe this much much he most of made even more



nas broke


nas gonna be rapping till he 60 and its just gonna keep getting progressively worst


he dont even got his own restaurant yet


nas lost:jayhah2:

lost or not, he still a better rapper then 95% of these junkies out.
 6 years ago '09        #52
TriniSoldier 69 heat pts69
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 Dun Language said:
n*gga u think u better than ppl because you own your mobile home?
 6 years ago '05        #53
b_eazy 63 heat pts63
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I highly doubt he's broke.......just a way to pay off all them taxes.

I'd bet he has condos and cribs all over the map.

 10-16-2012, 01:45 AM         #54
Krazy K 
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People actually think Nas is broke

 tariqosuave said:
Kevin Martin signed a 10 million dollar a year contract and then his house got forclosed on... why? cause its cheaper to get rid of it... rich people don't need credit... he has cash


Rich people don't need good credit, most of broke folk won't understand that life
 10-16-2012, 03:49 AM         #55
One Gud Cide 
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[pic - click to view]

 10-16-2012, 03:51 AM         #56
Illstreet 
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That sh*t Cray
 6 years ago '10        #57
GBREEZE 270 heat pts270
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Google earth nas he got flats in other continents....
 6 years ago '07        #58
XPectNoMercy 
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In 2012 people are more concern with your net worth than the quality of your work.
 6 years ago '05        #59
GST 
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 Windy said:
Nas lost


bi*ch a.ss nas stans talking about if he owe this much much he most of made even more



nas broke


nas gonna be rapping till he 60 and its just gonna keep getting progressively worst


he dont even got his own restaurant yet


nas lost:jayhah2:
I hope that made you feel better bout your shytty a.ss life
 6 years ago '06        #60
Menelek 5 heat pts
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He had the house from 2004 owing 585,000
Its 2012 and he still owes 504,000

Does that make any sense?
What he only paid 70,000 on the house in 8yrs?

I dont know about this. Seems like their something missing to the story
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