Lil Kim’s Mansion in Foreclosure

By
Sasha R.
-

lil kim mansion foreclosure

According to sources, Lil Kim is close to losing the Alpine, NJ home she has owned since 2002.

The Queen Bee has reportedly failed to make the $9,935 monthly payments on the home that is now worth $3 million.

She fell behind in payments back in 2010, and HSBC Bank sued her. But she got back on track for a few years until she began missing payments once again.

HSBC is asking for full possession of the home, as well as court costs.

lil kim home foreclosure

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70 COMMENTS

  1. With all the money these celebs make in their prime, why not buy a home for cash? Pay all of it at once. Why was she still paying a mortgage? They get massive lump sums

    • At one time wasn't she helping her boyfriend pay child support

    • MOST recording artists are a check away from being BROKE. In the real world, your pay is set so you can spend, save or budget.

      Recording artists are paid TWICE A YEAR or every 6 months, AFTER the record label recoups ALL the EXPENSES they advanced the artist to record, distribute and promote their CD.

      The amount of the checks vary widely so it's hard to budget for anything. Can you imagine waiting for a check for six months that you don't know the amount of?

      If the royalty rate is 39 cents per cd sold, you have to sell a TON of cds to be able to repay the
      label…AND pay your manager, lawyer, accountant and taxes.

      All those folks have to be paid BEFORE the artist sees a dime so the artist is always operating from a deficit.

      Add an uneducated, ghetto, gotta-have-it-now cause I got folks to impress mindset to the mix and what you got?

      Foreclosure. Tax trouble. Bankruptcy.

      • It's amazing how well artists like Taylor Swift and Katy Perry never have these problems

          • Ummm, because both of them have sold millions more units and sold out giant stadiums and arenas? Because their father(Swift) is a shred businessman?

            Oh, it's just becuz they are white right.

      • Damn… That's really tough shit. Thanks for explaining that. I was unaware of a few things myself.

      • Proverbs 17:5
        Whoever mocks the poor taunts his Maker, And he who rejoices at [another’s] disaster will not go unpunished.

        • Not mocking her or rejoicing. Just stating facts. Exactly what is ur definition of poor

  3. While she was investing money in that botched f*cked up beat-up face she should've been paying HSBC Bank.

  6. I never understood why celebs buy these extravagant estates anyway, knowing full well once their star fades, they can't keep up with the payments whether it be mortgage or the taxes.

    Just buy a nice home where $750,000 is the max and stop trying to keep up w the Joneses!

    • Ha, I just said the same thing. That kind of money under one million can get you a nice home in NJ if that is where she chose to live. A home in the millions range means you will pay thousands of taxes per month. They don't get that when their 15 minutes are up, you won't be making that kind of income anymore.

  11. Jackey you could have found a better photo of Lil Kim.

    She got pictures of her with no makeup and she looks beautiful.

    Why kick someone while they are already being humiliated I'm front of the whole world?

  12. She spent all her money on plastic surgery. Oh lets not forget she's a convicted felon. She did time for that shooting at hot 97. Kim is as dumb as she looks. She could have invested her money or buy a house.

    • Stfu. People who invest they money also lose their houses too. Nobody is exempt from becoming homeless I'm this country.

      You never know when youight get sick and fall on hard times so be careful how you judge. You might get put in a worse situation.

      • No, this woman had millions at some point in her life. What we are seeing is the worst of poor planning. They spend it as quickly as they make it on things that don't matter.

  13. Donatella Versace is supposedly her best friend. Let's see if Becky gonna help a sistah out… lol

  14. Well, I'm $200 short on rent for this month…guess I understand Kim's situation.

  17. Have you ever seen a white person in Arizona in the summertime? They look like two legged lobsters. On the other hand our triple chocolate sistas are drop dead gorgeous in the one hundred degree weather. Phoenix, Las Vegas or Miami (Especially Miami), our women are the most beautiful and the most desired. You think I’m lying, go to any country in Africa and watch all of those Chinese men stare and lust after our women who are just as pretty as Serena Williams. Melanin is your shield that protects you from the sun’s UV rays. Erasing your melanin with bleach is not only insane, it shows that the person lacks self confidence, hates themselves and hates being black. It is important to always love yourself, love being black and take some time to thank God/The Most High for making you black. The black man and black woman is the original human beings of planet earth. Don’t let any white man or jealous white woman tell you otherwise!

    • NBA….we love you so much.
      Please keep encouraging and uplifting our people.
      It's desperately needed and equally appreciated.

        • And the choir says amen 100. I have to be sure that my breakfast is fully digested before reading NBA's posts. Of course the women here love "his" shit.

    • how the f**k Serena "pretty"? please take another look. she is MAN!!! ain't no woman look like that.

    • I'm sorry but having to come up with nearly $10k every month when you have limited to no income is extremely difficult no matter how much melanin one has or how much plastic surgery & bleaching one does.

      It's too late to make attempts on schooling Kim & the majority of our black people about the melanin WE have naturally. Kim now has bigger problems to resolve because she must owe minimally over $40k plus fees on her home if it's on foreclosure. That's a lot of money when you don't have iit.

  18. I think lil kim just really needs a hug man. Like for real. I pray for her, she's really going through some shit.

  19. She could have purchased that home outright when she had the money but chose to invest her money elsewhere. Why can't it be a nice home for $800,000. That's a great home in NJ. Live within your means. Why can't they get this very simple concept. She can't afford it so it's only fair she gives it up even thought foreclosure.

  20. That's a lot of house and land. Who plays tennis? Living within one's means is the key for folks who are 'millionaires'.

  23. She should have used some of that money she used for plastic surgery to pay off that mortgage.

  24. "all kim cares about is looking like a white girl to please bigs ghost."

    So true Crazy Chris, so true.

    She even like a "Valley Girl". I ink she truly went certifiable crazy after Biggie's death.

  25. I thought it was an old picture of Zsa Zsa Gabor. Most here are too young to get that reference tho.

    • LMAO….?
      I definitely remember Zsa Zsa & her sister Eva.
      They were both something else back in the day.
      They were both pretty ladies but not the best actresses even though nobody could tell them so. They made "not dealing with broke men" popular first. They also had another sister named Magda Gabor who was an actress too.

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  28. the regular, ordinary, hourly-wage-earning hard-working person is in better shape and much more responsible in paying their bills than these irresponsible, trying to stay glammed up, stay young looking and stay "hollywood looking" so-called celeb slash rappers. so pitiful.

  29. i bet her p*ssy stank like a mutha from all that silicone leakage throughout her body from that botched plastic surgery. why she had to fix what wasn't broken from back in her pre-surgery days is still mind-boggling and beyond f*cking me. sad.

    • Umm…. yeah, NO!
      Sasha is right….Tyga is broke. She is always so kind when she speaks of others.
      What she really meant was "Tyga is broke as hell & couldn't keep up his own rent so there's no way in heaven & hell he's paying a mortgage for that girl.

  31. Cant feel bad for Kim her and her 90s posse rappers tupac big etc. Ruined black culture with that ho and thug brand of hiphop the promoted they were young silly kids then can't believe I looked up to them as a kid…besides im starting ro think maybe these celebs were never rich to start with .cast ur minds to how many records she sold?.. I mean when Forbes' say so and so Worth 100 Mill I always doubt it I think Forbes its self is a fraud. If jayz really worth so much.. He wouldn't be fight ing for every penny or faking marital beefs so his wife could sell records

    • Glad you caught on. It took someone who works in the entertainment business on at a corporate level to explain and teach me what the deal really is. A great deal of celebs have access to money and very rarely is it even close to what's been reported. I hate to be the one to share this with you too but Forbes gets a fee for reporting their figures most of the time so when you see who's the highest paid or the biggest name…assume they paid Forbes the most that year.

  32. What is a low class ghetto skeeze like ghetto doing in a mansion anyway? People that arent suppose to have them, lose them. That is almost every rapper out there today

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