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)
