This must be “Foreclosure Month” for celebrities. First, we reported Lil’ Kim was on the verge of losing her $3 million home, and now, we just found out Juelz Santana has lost his New Jersey home to foreclosure too!
The Dipset rapper is $700K in the hole after failing to make payments for almost 3 years on his 2,300-square-feet condo in the same housing development the Notorious B.I.G. lived in.
The foreclosure judgement was made against the rapper on April 22, almost 11 years after he financed the home.
According to court docs, the condo was listed for $540K, and Juelz (real name LaRon James) took out a $486,000 mortgage in 2005. He stopped making the $3,754 mortgage payment beginning November 2013.
In total, the rapper now owes $688,219, plus $7,000 in lawyers’ fees.
Damn, that’s more than what the condo was worth!
Juelz has recently announced he’s returning to the rap game…and now we know why. Them bills ain’t gonna pay themselves!
These folks need some home refinancing information. Bunch of pitiful delusional souls.
Frontin, smoke and mirrors, and zero financial education.
When you get money, get SOME EDUCATION ABOUT KEEPING MONEY!
Juelz is a good dude who made some bad decisions. Much younger than Cam & Jim so he still has time to put out some decent albums. I still listen to Whats The Game Been Missing …A
It took a LONNNNNNNGGGGG time for them to foreclose on that property. There must have been some kind of payments &/or negotiations going on during this time & he might not have been living in the property for a while. It just seems like a lot of money from the start on a condo of that size. I hate to hear that about this young cat. I thought he had a job somewhere & was off taking care of his kids. I recall that Kimbella girl was hanging on for dear life to be with him so much she moved in with his mom at one point.
I was thinking the same thing. He must've made arrangements, failed to follow through and now, well……..
Same with Lil Kim's home. Seems like they took a long time to take her sht to.
WHO?
Why would he live in the same place Biggie lived? That's a curse within itself. Maybe it's time to do a reality show.
Juelz has a bad attitude and don't forget he got someone to beat up Rev Runs son Jojo. Juelz is still on def jam which is run by Russel Simmons. They won't release no album for Juelz .
they fine
500k for a f*ckin condo no goddamn front or backyard, eastcoast loss why do yall pay these crazy prices for nothin?
He also get all his money garnished for child support.
Broke + Child Support Slavery = BLAME THE WHITE MAN !!! 100% Fact !!!
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Lawd…..these damn scammers be on some serious bullsh*t. Anyone dumb enough to fall for this needs their azz beat. You can tell it's a Nigerian scammer by all the spelling errors. Hilarious.
precisely @R. smdh. muhf*ckas dont know a lick of the English language.
he can't ask his baby Jim Jones for a loan? oh wait tho…Jim just as broke as a joke as he is himself. smdh at these irresponsible ass so-called rappers who pose to be "rolling in the dough" though. they too damn busy taking care of skanks and golddiggers and having them on their arms as "eye candy" for the public rather than taking care of more important things in life such as bill paying. i dont feel a bit sorry for him nor lil Kim's dumb asses. pay your bills, dummies, then party.
Looks like ya girl, Kimbella better point her tits to the nearest stripper pole and help bring some money in. Trust me…There is nothing sexy about being homeless.
Maybe Yandy can help 'em out. After all, she's rich and always claims Kimbella as one of her BFFs. Give her a job or something.