Terrell Owens Faces Foreclosure on Two Dallas Homes
Better to let the homes go than continuing to lose money on them. He tried to sale them, but didn’t happen so they are hitting the open market.
Terrell Owens has been fumbling with his real estate portfolio for some time, but now it looks like he’s really dropped the ball. Owens reportedly faces foreclosure on not one, but two Dallas condominiums.
The football star’s ritziest Dallas condo, which Owens once listed for $2.25 million, along with a more modest unit located less than three miles away, are both scheduled to sell at auction on Tuesday, March 6, online foreclosure marketplace RealtyTrac reports. Owens owes a total on the properties of well over a half a million dollars, RealtyTrac says.
T.O. is trying to build back up his portfolio by playing for the Allen Wranglers of the IFL, doing some acting and clearing up his child support cases.
The hope is he make it back to the NFL, but if not sometimes you have to hit rock bottom before you can make your way back to the top.