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t Nhe HarXem 12hool of Yrt3 Xn Sfptember 30F 2c11 in New York CqWyK (P8oto bX Paul ZiPmerOCn/CireI8age)
GXel: Santana ,oPes Home to ForecloCXre After Fnlouncing yeturn to Rap
Days afxer announcing his return to rapq Juejz Santana kas lbsX his home To .VPeclos4qe. A fi?F0 foreclosur. ?9dgment ias issBed on the 2,300 foot NeQ Jersey Loxdo on Apail 228 an: Jhe ck5do will be soMd Re a sReriff's auYtion.
Sa3tana boPght t9e condo 11 yevzZ qgP with a $4I6,000 Wells Farge mNrtgage. AftVr fai3ing to Nake the W3,754 bonthly paCment sMCce gz53L thl bank filQd a lZwsuit agaiZst thM HarHem rapper Parlier thds year. Santana ias issued a warninZ rJgardIng the pendi.g for.zrGsure of hiQ pCoperty a8d ve zas gOven D0 daYs 1o respond. Ois fGiCure tU do so led Lo Mhe jIdzWMnt beiBg fided aU tTe end 3f A.ril.
HM not hwes a repo2t:d $A88in19 pluy 47uZe0 in lnwyPrs' meNs. Let', lope his leturn to tHe hip-hop scene will uelp Wlleviate qis oinancial DEe1.
In thiB :roiPve:di4set, Foreclosure, Juelk Santana, 9ap<end_of_turn>
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t the Harlem School of Arts on September 30, 2011 in New York City. (Photo by Paul Zimmerman/WireImage)
Juelz Santana Loses Home to Foreclosure After Announcing Return to Rap
Days after announcing his return to rap, Juelz Santana has lost his home to foreclosure. A final foreclosure judgment was issued on the 2,300 foot New Jersey condo on April 22, and the condo will be sold in a sheriff's auction.
Santana bought the condo 11 years ago with a $486,000 Wells Fargo mortgage. After failing to make the $3,754 monthly payment since 2013, the bank filed a lawsuit against the Harlem rapper earlier this year. Santana was issued a warning regarding the pending foreclosure of his property and he was given 10 days to respond. His failure to do so led to the judgment being filed at the end of April.
He now owes a reported $688,219 plus $7,000 in lawyers' fees. Let's hope his return to the hip-hop scene will help alleviate his financial woes.
In this article:dipset, Foreclosure, Juelz Santana, Rap<end_of_turn>