Nas' Georgia House Foreclosed and Sold at Auction

According to the bank, Nas defaulted on the payments.

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TMZ reports today that Nas has lost his Georgia house to foreclosure. According to official records, Nas purchased the two bedroom, three bathroom home in 2004 for $585,000, but SunTrust Bank, who issued him his loan, says he defaulted on the payments and still owes $507,000.

The house foreclosed and was put up for auction last month to the highest bidder, and it sold for only $348,500, much less than Nas' purchase price. Click through above to see pics of Nas' former Georgia home.

[via TMZ]

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