Jermaine Dupri can rest a lil easier tonight since his bank just removed his Atlanta mansion from the auction block and it’s not the first time…
[READ: SoSo in Debt! Jermaine Dupri Faces Foreclosure…]
JD’s home was placed up for foreclosure auction earlier this week, right about the time he was spotted at the 12th Annual BMI Urban Awards alongside his pals Nick Cannon & Mariah Carey, after he allegedly failed to pay $193,000 in mortgage debt.
Fortunately for the SoSoDef music mogul, his home is safe… (this month).
Details + photos below…According to TMZ. JD’s home was scheduled to be auctioned off on September 4, 2012 — and his bank claimed the rapper failed missed $193,404 in payments on his mortgage.
Dupri filed an emergency motion in response, asking the court to block the auction, claiming he only owed $89,901 … and he paid the bill in full by the time he filed the motion.
The house was yanked from the auction at the last minute.
Dupri?s lawyer, James Kane, tells TMZ, “There was no foreclosure sale of the property … We are presently working with the lender to reconcile our disagreement over the [mortgage amount due].
I’m not surprised at all that JD came up with all that dough! He probably had it all along but just doesn’t pay his bills.
I know times are hard… but when we’re hit over the head with photos of custom sneakers or photos of you poppin bottles and partying all over the country, it’s kinda hard to be empathetic in situations like these.? But maybe that’s just me…
Please people… do better! 😯