Fantasia Barrino Strikes Deal to Save $1.3 Million Home

In “If you paid your mortgage off, it means you probably did not manage your funds efficiently over the years” news, the big homie Fantasia Barrino is back at it again, these time she’s no longer facing foreclosure on her $1.3 million home.

Oh for real EbenGregory…sounds like a mortgage casts a shadow on the sunniest field huh man?

Yes.

And now…UsMagazine.com gives the background story: An auction of the six bedroom, 6,232-square-foot mansion in Charlotte, North Carolina was scheduled to take place Monday — but the American Idol winner struck a deal with her Florida-based creditors to keep her home for now. She could still lose it at a future auction if a settlement is not reached. The 24-year-old still owes $65,000 — money she borrowed in 2006 to pay back taxes to the IRS. Her last payment of $10,000 was made in August 2007. This isn’t the first time the 2004 Idol champ has faced foreclosure. In 2005, she nearly lost a 4,500-square-foot home in the same neighborhood. plus a $240,000 Mercedes. Both matters were resolved in court, although tax records show she owes $14,678 for that residence.

And now…Larry Goldman, the lawyer representing lender Broward Energy Partners, you know, the people whole really own Fantasia’s house explain on the only way she can keep her house: Assuming the promised payments all get paid as indicated, we will be satisfied. I didn’t want to take her house. Reading between the lines, I’m assuming the money is not there or, at least, it’s not there in the short-term. My client just wants to be paid.

Oh for real?

And now…vvs no flaw if I keep this up, I’ll be renting ice jewelry: The meek may inherit the earth, but the other kind inherits the mortgage.

This is EbenGregory.com…the place where free jewelry be falling outta Jewelry Man’s pocket like a muf*cka.

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