RAPPER NAS Georgia Pad Foreclosed & Sold At Auction

October 15, 2012

Life’s a bitch … Nas sang it and now he’s living it … because besides being knee deep in tax debt, Gutta World has learned the rapper just lost his Georgia crib to foreclosure.According to official records, Nas purchased the 2-bedroom, 3-bath pad back in 2004 for $585,000 … but according to SunTrust bank (which issued him the loan) … Nas couldn’t foot the bill and defaulted on the payments, still owing $507,000

Life’s a bitch … Nas sang it and now he’s living it … because besides being knee deep in tax debt, Gutta World has learned the rapper just lost his Georgia crib to foreclosure.

According to official records, Nas purchased the 2-bedroom, 3-bath pad back in 2004 for $585,000 … but according to SunTrust bank (which issued him the loan) … Nas couldn’t foot the bill and defaulted on the payments, still owing $507,000.

SunTrust recently foreclosed on the property and then sold it to the highest bidder at public auction last month for $348,500 … WAY LESS than the rapper paid eight years ago.

It’s a steal for the new owner — the house is over 3,500 square feet with a walk-in pool and hot tub … granite counter-tops … custom theater … gym and game room.

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