Tipster Of The Day: Lil Kim Home ForeclosureJune 1st, 2011
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).
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!
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.
Lil Kim defaulted on her bank home loan and now owes $1,592,000. Now, I guess it’s fare to say Kim spent most of her money on plastic surgery. Know why? Because plastic surgery is addictive mane. I would tell you to ask Micheal Jackson, but he’s dead.
Lets hope Kim takes some of that cake she makes from her current tour in Africa and settles up on a few of those bad debts,
I think Lil Kim is suffering from poor money management.
Don’t you agree?