On The Road To Recovery? T-Boz Sells Home, But Only For Half Its Value

August 6th, 2012 - By madamenoire

Source: Bossip.com

Remember T-Boz’s Georgia mansion she almost lost to foreclosure a few years back? Well, according to TMZ, she recently sold it … but for only half of what she paid for it.

The TLC singer almost lost her home in 2008 when she failed to make the mortgage payments on time, but was able to keep it from going on the auction block. She eventually filed for bankruptcy in 2011, with the mortgage on her home being her main debt.

See how much T-Boz sold her million-dollar home for on Eurweb.com.

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Kayo

Wow, she sold her mansion for the price of a very nice single family home. Life is just not on her side.
Amija

I’ve been hearing about her money issues for about 5 years. She should’ve been downsized.
gracie

My mum always says your start doesn’t really matter as much as your finish does. What’s the point of having a mansion when you could have a decent house, paid for, for a fraction of the cost of a mansion? People in show bizz just never learn.
- olivia
  
  Her illness is what caused her to be unable to tour/perform and therefore lose income. It could happen to anyone.
  
  I’m sure she can rest easier without this huge debt hanging over her head.
  - gracie
    
    Saving your money covers for the what ifs. We all never know abt tmrw.
CA Pullen

I am sorry that it has to come down to this for her.