Monday, June 11, 2018

Juelz Santana Facing Foreclosure


Back in March rapper Juelz Santana was arrested on gun and drug charges after TSA agents found a pistol and oxycontin in his carry on luggage at Newark Liberty International Airport [click here you missed that].

Now Juelz is facing foreclosure...

According to reports Wells Fargo has sued to foreclose on Juelz's New Jersey condominium. Apparently Juelz hasn't paid the mortgage in months and the bank wants him out.

The Dip Set rapper bought the 2,300 sq ft condo in 2005 for $540,000 financing $486,000 at 8.5 percent interest.

The monthly note hits for $3,754.

Fun Fact: Days before Juelz was arrested at the airport he was put on blast by a stripper in Miami for not spending any money in the club.

7 comments:

Anonymous said...

I guess being a rapper doesn't come with a retirement plan.

Anonymous said...

Juelz a sorry motherfucker that lack of money management has caught up with....that being said Bitch you disrespecting yourself!!!!! Gotta get naked cause you have no talent, no education, and no ambition and got the nerve to TALK about people. Bitch is sad and I wouldn't want to be nowhere near a chick like this. Or my dick. Sorry bitch



Anonymous said...

8.5 % ? Dam ! He should have been refinanced! WTF

Anonymous said...

9:33 AM That's what I said, his credit must be shot the fuck up.

L. Eller said...

Glad he held out that long. Back in 05, they were giving black and brown people mortgages left and right with these high interest rates. Most of those people lost their house back in 07 and 08, so he held on a good 10 years long. With that being said, why his dumb ass not refi? The house is probably close to half paid for if he bought it 13 years ago. Who are the financial coaches to these people?!!!!!!!!??!? That’s why I’m volunteering in our community teaching our people about the game. We just flounder out here cause we either to prideful to ask for help or we just don’t know. Most times, it’s a combination of both.

Lovemybeanieandnub said...

8.5 is absolutely ridiculous his credit score must be in the 500's smh

Anonymous said...

Why can't people learn to down size when your finances decrease? Instead of wasting money on all that plastic surgery his wife had she should have paid off some of that mortgage

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