Juelz Santana Forcloses NJ house, Owes Bank $700,000

beenz

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By 2013 he shouldve had that paid off...

he got it in 2005, im sure they were doing lots of shows then. If he was getting 25k a show and doing 3-4 shows a week....

dude shouldve been dropping 10k month to get it paid off....

DAMN thats still hella months....SMH, if u cant drop nearly half down just dont buy that bytch.

damn near no one puts 50% down on a property. lets be reality here.
 

beenz

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I'm California that payment would have been like 2000. I don't understand

a quick estimate is gonna have you paying about $600 a month for every 100k you borrow. and that's not including taxes insurance or mortgage insurance being added into that montly payment.
 
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One pic got you sold huh?
it aint 1 pic. the article said a condo forclosed. hes been living in a house in alpine (i believe ) for years.

people let go of property all the time. i think alot of you dont understand much about the financvial world. for all we know santana could be dead broke but a foreclosure dont mean that.

my moms had 4 houses and let one foreclose because the value dropped too much. she could have paid the not but why?
 

blizzard man

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expect someone who hasnt made a savvy business move in their own business(music) in 10 years to be out here wheeling and dealing in another business(real estate) like a pro brehs
 

kingstl

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breh, we talking to individuals that aint ever owned real property. they dont get it

im not talking about a regular guy....we talking bout ni99as who was getting TONS of cash.

Gotti aint leasing shyt....u gotta be smart with your cash

but ur right the average guy aint dropping half down. But if you can, why not secure ur future
 

kingstl

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Why juelz up here trying to prove to instagram and Twitter he's not broke, by showing his cars and homes...

Perfect example of a person who care about what others think...

If u know the truth u don't have to prove anything....


i think it's human nature to defend your honor bro
 
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