The Human Beat Box is taking a financial beating.
Rap icon Doug E. Fresh - best known for his '80s hit "The Show" - has been socked with three foreclosure actions by banks looking to collect more than $3.5 million in unpaid mortgages on a trio of his Harlem homes.
The rapper, 46, also is being chased by American Express for nearly $60,000 in credit-card debt and the IRS just slapped him with a $367,000 tax lien on top of more than $40,000 owed to the state tax collector, records show. Fresh who lives and invested in Harlem raising five sons. He fell behind in payments and, according to a foreclosure suit filed in Manhattan in late August, 2008, he now owes more than $1.73 million.Doug is putting the finishing touches on Doug E's Chicken and Waffles, a new Harlem restaurant slated to open next month. The IRS is just going to attach a lien to that restaurant I wonder does he knows that? Read More (Click now)
Will R&B singer Kelly Rowland be the next person to fall victim to the housing bubble?
Kelly Rowland has been trying to unload her Miami condo for close to a year - and now she faces a tough decision - take a $500K LOSS or let the bank foreclose!!! Sources familiar with Miami Real Estate. A insider, claims that Kelly has been trying to sell her condo for more than a year - all to no avail. And it gets worse. You see, Kelly bought the condo in 2005 for $1.9M. But now ... it's worth as little as $1.3 Million. The insider stated "In this market I don't think she could sell [the unit] for anything more than $1.3 million." That's a big loss to take. Many people in [this area] facing the same choice have let their homes go into foreclosure." Her publicist has stated: Kelly's Condo is for sale because she spends most of her time in Europe. Um Hmm "We shall see".?? Checkout the high price crib (Click Now)
Bey, can bail her out!! Do another Destiny Child tour,, to make some money!!
ReplyDeleteindeed sure can
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