Nas' House was Foreclosed on.

MegaTronBomb!

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From The Westside With Love
nah, they aren't allowed to make a profit on the house. The bank can only auction it off for up to what it's worth so if someone came up off of getting it for 350, market price probably isn't too far from that.

but yeah, him taking an 80k loss over a home, and letting it go into foreclosure where it sells for nearly 200k less than what it was valued at when he copped isn't an L by any means.


i bet that wasn't the only house in that development that went into foreclosure

he'd have been a fool to have an underwater mortgage...cause that's a far worse L.
 

trollol

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but yeah, him taking an 80k loss over a home, and letting it go into foreclosure where it sells for nearly 200k less than what it was valued at when he copped isn't an L by any means.


i bet that wasn't the only house in that development that went into foreclosure

he'd have been a fool to have an underwater mortgage...cause that's a far worse L.

:russ:

reach-out-hand-300.jpg


reach to save your hero u fukkin nas stan, reachhhhhhh
 

IronFist

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daze23

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but yeah, him taking an 80k loss over a home, and letting it go into foreclosure where it sells for nearly 200k less than what it was valued at when he copped isn't an L by any means.


i bet that wasn't the only house in that development that went into foreclosure

he'd have been a fool to have an underwater mortgage...cause that's a far worse L.

like everyone that bought property in 2004, he was probably thinking it would be worth a millie by now. then...

fed-real-estate-values.png


:sadcam:
 

88m3

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who the hell buys a two bedroom for $585 k and how you gonna purchase a house for $585,00 and owe $507,000 nearly ten years later?

A mortgage would probably be less than 5k a month.
I'm guessing he said fukk it, he was upside down 300k anyways.
 
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