Wednesday, June 01, 2011

Lil Kim in a Financial Bind?


Lil Kim, who's currently performing at the Zarfest in Harare, Zimbabwe along with Ciara and Fat Joe, might want to get home and take care of her business...

A reader writes The Hollywood Street King
I was house hunting online and as a member of this real estate website, it lists the owner information on exclusive properties.

One of the properties I viewed was 39 Timberline Dr, Alpine, NJ. Owner - Kimberly Jones - Pre-foreclosure status. Home value $250k but outstanding loan from bank is $1,592,000.00. I didn’t know if this was “the” Lil Kim or if this was even heard before, so I searched the net & check the youtube video:





I did hear a while back that she put her house up for someone who went to jail, but with all the ballers & big wigs she knows & all that overseas concert money, she can’t pay the money to keep her house? Maybe I will put in an offer after a thorough viewing (SMILES).

Our investigation team has discovered that Yes that is Lil Kim aka Kim Jones’ home.

The same home she had her Bentley repossessed from a few years back [click here if you missed that].

Lil Kim defaulted on her bank home loan and now owes $1,592,000.

51 comments:

Anonymous said...

that's why she's mad at Nicki. The bish is broke.

Anonymous said...

Until Kim fixes her face, I will not feel sympathy for her. She deserves to be punished in whatever way for looking like that.
F%ck Kim, Tamar Braxton, Beyonce and all their pink lipstick and bleach.

Anonymous said...

thats sad. she put her own house up for someone, but it seems like she has no friends now, everybody dissing her. she needs to get a judging gig to get a paycheck

Anonymous said...

Damn....better use summa dat cash from black friday...make a porn....holla at diddy...lol...but nah getcha shit togetha....like t.i.p. Sed!!! Lol

Anonymous said...

She's giving all her money to the plastic surgeons and not paying her mortgage. How ghetto.

Anonymous said...

She should'nt have spent so much money on postage mailing out that diss CD that flipped flopped more than a beach sandal.
She also, need to stop backing her cousins' salon in NC, $25 perms/cut/color is not going to turn a profit for you boo-boo.
And last, get some of vapors off your payroll, Kim will be alright. She just need to rap a voice-over a duet with Biggie, sorta like what Natalie Cole did with her late dad's voice.

Anonymous said...

well hell if she owes over 1.5 dollars on it but it's only worth 250k, maybe it's better that she let it go into foreclosure. I think she'd cut her losses that way.

where's my stimulus? said...

she still paying all the postage on those black friday cds
(btw any homes valued at $250K in Alpine,NJ are studio apartments or foreclosures)

Anonymous said...

when you make money like these ballers and celebs--pay for the house flat out. how the hell you gon' get a 30 year mortgage on a $20 million dollar house? or a 20 year mortgage on a $200,000 house?
if you can't pay for your house in cash upon purchase live within your means and SAVE the money, people. Stop getting bank loans you KNOW you can't pay back.

Anonymous said...

@1:46PM
Exactly! cut it with no love lost! LOL

Anonymous said...

that's what beyonce's face will look like in a couple of years.

why doesn't she just turn tricks overseas like eve? with her "celebrity" status i'm sure she could get several thousand for one night. she ain't sellin cds, so her body is the only thing left.

Anonymous said...

People stay coming for my girl Kim. Keep your head up Kimmy. I'm sure she'll find some way to pay this.

Anonymous said...

@ 1:51

One word-TAXES.

Anonymous said...

This kind of intrusive "journalism" is pathetic. Why you all in the womans personal business??? wtf does this have to do with her career or lack there of????

First of all there is no way in hell this house is valued at 250k......get your own shit straight before you put people on blast.

GiGi said...

Worrying about the wrong ish(beefing w/Nicky) now look.

Bee Gee said...

She aint gotta come home to take care of that. Just use PayPal.

Anonymous said...

This kind of intrusive "journalism" is pathetic. Why you all in the womans personal business??? wtf does this have to do with her career or lack there of????

First of all there is no way in hell this house is valued at 250k......get your own shit straight before you put people on blast.

1:59 PM
------------------------------------------------
Alpine NJ is one of the most expensive areas in New Jersey, so for something to be valued at $250K just seems all wrong. Instead of negative Nancy worrying about what Lil Kim is doing, shouldn't she be getting her money ready to close on something...like the jealous b-i-t-c-h can afford to live in Alpine.

Lil Kim never did anything bad to anyone except Faith, so I have nothing against her. She's a very loyal person and I suspect that she will get this issue in order if it is indeed an issue. This is why the information age SUCKS! And this is why people should NEVER buy anything under their real names. Jealous a-s-s people waiting to tell their business.
One thing I can say about Lil Kim, she makes her own money and she can still rap 90% of these rappers under a table. I don't know her, but I like what I see from her, I mean how many people are going to go to jail because they refused to snitch on a friend? Miserable people love to see others doing bad.

Quiana said...

Well damn Kimmy girl get it together here. I feel for her though but she should have paid for her house flat out like Mary did.

ELove said...

WTF... Fat JOE is still getting GIGS ?!!?

And WHY Ciara is known as C-ERROR... She's doing a show w/ Fat JOE

Anonymous said...

Joel Said
Tunder cat looking chick, you wanna buble with the be ha, trow heck and forclose your home...in Diddy's word take that take that...

do worry Cyrcus sole is hiering

Anonymous said...

Quiana has NO original thought of her own! My gosh! I have never hear her say ONE original thing. DO you even you your GED?

Anonymous said...

this is false there is no home in ALPINE NJ only work 250k, this is not ATL y'all this is the northeast and Alpine is a great neighborhood

Anonymous said...

Keep your head up kim ...Queen Bee ALL DAY !!!

Anonymous said...

@2:28 I just posted the same thing, aint nothing in Alpine 250k, you can tell someone not from NY/NJ made this up b/c at that price she would be living in Newark

Anonymous said...

first of all the houseing market is horrible she needs to let it go foreal

Anonymous said...

Kim, you didn't make enough money from that Pay Pal fiasco?

Anonymous said...

The one thing that bothered me was this person telling kim's address.

Anonymous said...

Just went to HSK & the copy of the real estate posting is up. So that means this info was public. Kim had to know cause the bank has to inform you before listing the property. Maybe she'll take care of it with this recent tour money.

Briella~ said...

Kim,

Get it together Ma. You know haters are on stand-by, just anicipating something negative to broadcast. I still ride for you, even if you look like a deeply tanned Dolly Parton-LaToya Jackson circus/sailor outfit-wearing Harlem Nights hooker.

Anonymous said...

So what. We in a recession, everybody having problems with their money even celebrities. Didn't Diddy say he parked his private Jet & takes commercial airplanes now because of gas prices? Trust & believe, she ain't the only one. Hello? Freddy Mac & Fannie Mae?

Anonymous said...

Update - Our friendly tipster was mistaken by a figure in the mortgage calculator on the page listing. The house is listed for exactly what is owed to the bank (1.59 mil), but could probably be bought for less with a solid offer!

Anonymous said...

@5:32 Freddy Mac & Fannie Mae? Hello...Hello...Hello...is any body home?...

Fanie and Freddie were MISMANAGED by democrats which lead to their collapse and were bailed out(thanks taxpayers) to the tune of $148 Billion. Hell, for that rate, the US govt could've bought everyone in the USA a million dollar house with $147 billion six hundred fifty million left to spare. #realtalk

Anonymous said...

So what. We in a recession, everybody having problems with their money even celebrities. Didn't Diddy say he parked his private Jet & takes commercial airplanes now because of gas prices?
------------------------------------------------
Are the publishing royalties from all of the artists that he stole from running out? He should be wealthy for the rest of his life the way he crapped on everyone who was stupid enough to sign Badboy contracts. Commercial is waay cheaper. Why pay 5,000 to fly to LA when you can pay $1,200?

Anonymous said...

I still love ya KIM! do your thing and work on yourself, ill always be a loyal fan, thats my girl <3333333333


I mean who else ISN'T in a financial bind, forreal?

Anonymous said...

@ 7:26

Im not. College grad, debt free on merit based scholarship. Own a home and a car. Never been foreclosed on, never had anything repossessed, never behind on a bill. ITS CALLED RESPONSIBILITY AND LIVING WITHIN YOUR MEANS.

Anonymous said...

Kim made millions. How is it possible she would even need a loan on a 2 million house? Rappers and their money. SMH. For regular folks, it's a smart idea to and possibly the only way you can get a home but if you got the money, the best thing to do is buy your home outright. If you need the money, which she clearly does, she can sell and get most if not all her money back and even make a small profit. Even if she gets half back, she's probably spent 10x's more on clothes that she can't sell for shit now.

Anonymous said...

7:32, STFU fake bragging. I just called your prepaid cell phone and it is off.

Anonymous said...

@7:32
Good job! Same here. It is possible. I learned from my father. He paid cash or went without. The family was never short on necessities.

Even that millionaire actress, Emma Watson went back to college for a diploma. Yeah she dropped out due to harassment, but you got to respect that effort. I don't know why almost none of these rappers think forward toward the future.
If they are lucky they get a reality show. If not, Twitter-beef for music sales. Lord knows, white people aren't buying rap cds like they used to.

nba is fixed said...

Most of my favorite rappers from the 80's and 90's are broke! Aaron Mcgruder wasn't playing around when he made that Boondocks Thugnificient cartoon. Oh well I don't feel sorry for any of them.

Hip hop is dead go work for U.P.S.!

Anonymous said...

I bet all these broke rappers had jew accountants.

Kim, if the value has plummeted, throw the keys back at the bank and walk.

Anonymous said...

I smell a new rap song by Nicki called BROKE FRIDAY!

you a broke bytch!
nicca i'm rich!
you neva had biggie!
you ain't got shet!
BROKE FRIDAYYYYYYYYYYYYYYYYYYYYYY!


V...

Anonymous said...

SNITCH! Get these damn video ads off this site! There are too many and I can't even pause them!

Anonymous said...

@11:22
Aaron McGruder was the man. The 1st and 3rd seasons of the Boondocks were straight classics.

Rapper's are the most broke group of people in the music industry. Yet, they flash the hardest. All that flossing, yet they end up making less than someone working a 9-5.

Anonymous said...

that diss CD that flipped flopped more than a beach sandal.
*************************
lol the shit yall be saying...I heard someone else say today...you couldn't fight yourself out of a wet paper bag.lol

Anonymous said...

Is that a typo? Only worth $250k?

Anonymous said...

@5:02pm
if she was smart and had a real management company, she could have purchased the home in a business accounts name. Hood rich.

NubianGoddez said...

Instead spending all that money getting knifed up and looking like something out a f*cking horror movie, b*tch shoulda been living within her means, how long did she think her "career" was going to last. and did that crazy ho said she's a role model and she wants people to see her evolution. naw b*tch what people see is sad ignorant ho with massive self hate issues, and the only people your role models to are hoodrats who's momma is not on their jobs raising them lil ho's in training. those godawful wigs and nose jobs SMDH.

Anonymous said...

I dont think these houses are worth 250K. I looked up some online and they are all in the millions. Look at these websites below



http://blip.tv/openhouse-nyc-podcast-video/square-feet-34-timberline-drive-alpine-nj-652799


http://www.homefinder.com/NJ/Alpine/67699436d_31_Timberline_Dr

Anonymous said...

this is a crock of shit!!! h8ters get ya fax str8, i just spoke to a close friend of kims and this is def not true!!! the only house forsale in this street is no 31 for $11.6 million eat a dick .......

Anonymous said...

yall real stupid if you all believe this article.....1. no house in that community goes for 250k..and even if her house was in foreclosure it would not be going for 250k...2. kim house is not up for sell.....3. realestate sites does NOT show when a house is about to be in foreclosure is shows if its actually in foreclosure. lmaooooooooo i can actually see that all the nicki stans that came to this article are young asss shit. and dont know a damn thing about realestate. smdh

Anonymous said...

and another thing... many of you need a book " real estate 101 for dummies" i had to reread that article and look at the document..and noticed a number of things.. 1. that isnt a MRIS document. 2. even if it was a MRIS document look at the entered date that was well OVER a year ago... i take it none of u own homes in new jersey cause if u did u would know.. lil kim wouldve BEEN got kicked out her has last year with the sherriff on her front door. people please educate yourselves and stop believing there backwood reports from these underground websites.. which we know was created in thier momas basements.

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