Friday, April 22, 2011

What The Hell??? Prince’s Minnesota Property Is In Foreclosure??

 
 

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via Bossip by EditorialGrrl on 4/22/11

Prince

We're gonna go ahead and guess this is one of those "I hired someone to pay that bill" situations.

Because we can't imagine Prince not being able to cut this check easily.

A twenty acre parcel of land where pint-sized superstar Prince's former home used to sit is due to go under the auction hammer next month.

The large plot in Chanhassen, Minnesota, has gone into foreclosure because the famous performer (real name Prince Roger Nelson) has fallen some $368,000 behind in mortgage payments.

Prince – who is from The Land Of Ten Thousand Lakes – is currently doing a marathon 21 consecutive show tour at The Forum in Los Angeles.

But despite claims from his management that the debt has now been settled, when RadarOnline contacted Carver County Sheriff's Department a spokesperson from the Civil Processor's Department revealed that the land was still set for auction on May 13.

"We have not heard anything from the lawyer or mortgage company to date and the land is still due to be auctioned next month," revealed the Sheriff Department's official.

See! Someone must have their paperwork f*cked up.

Prince is no stranger to tax woes – about 11 months ago the reclusive star paid $1.3 million in current and delinquent property taxes that he owed for 2009 and 2010 on 14 parcels of land in the area including Paisley Park his famous Chanhassen recording studio.

The 52-year-old pop legend was also late paying his tax bills in the county in 2006 and 2008.

Oh.

Source



 
 

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