+the news
T-Boz takes a hit in mansion sale
Written by . Published: August 06 2012
Tlc star T-Boz has sold her Georgia mansion at a loss of more than $440,000 .
The singer, real name Tionne Watkins, has been struggling with financial problems in recent years and almost lost the property to foreclosure in 2008.
The No Scrubs hitmaker, who purchased the home in 2001 for just
over $1.12 million , managed to keep it from being auctioned off,
and has now offloaded the luxury house for $680,000 , according to
TMZ.com.
The mortgage on her pad was the main reason for Watkins filing for
bankruptcy last year (11), although her application was denied in
February (12) after she allegedly failed to complete the proper
paperwork to show attempts to pay off her debts of more than
$700,000 .