She may have rocketed to fame as the winner of the third season of American Idol but fortune seems to have eluded three time Grammy nominee Fantasia Barrino who, bless her real estate heart, seems to have (yet again) run into a bit of a squeezy financial situation. Celebrity gossip juggernaut TMZ recently snitched that in an effort to avoid an ugly and protracted tangle with foreclosure Miz Barrino has voluntarily handed the keys to her approximately 6,5000 square foot residence in the upscale Glynmoor Lakes development in Charlotte, NC back to the bank.
Property records show Miz Barrino acquired the six bedroom and 5.5 bathroom pond-front mini-mansion of vexatiously indeterminate architectural style in March 2007 for $1.3 million.*
The last ditch effort to divest her property portfolio of this particular house is by far not Miz Barrino's first effort to deal with this unfortunate situation. In December 2008 foreclosure proceedings were initiated over an unpaid $58,000 loan Miz Barrino had previously (and reportedly) secured to pay taxes. Now, children, ain't that the very definition of robbing Peter to pay Paul? Let this be a lesson, kittens.
Anyhoo, Miz Barrino also attempted to sell the property last year for $800,000 but, alas, it went unsold and, well, here we are.
Property records show Miz Barrino also owns a smaller, 4,600-ish square foot residence less than a mile away as the crow flies but 2.4 miles by car in the Piper Glen Estates community. She bought the four bedroom and 3.5 bathroom abode in August 2004 for $740,000. As far as we can tell, this house is not currently for sale and is not subject to foreclosure.
*Some reports and other digital resources show the house has 5 bedrooms and 4.5 bathrooms. photos: GoogleRead entire article on Realestalker