Delonte West seems to be in the news heavy as of late. He was seen panhandling and now it seems that he’s losing his home. According to Bossip, West no longer has his home in Maryland.
Ventures Trust, which holds the $450,000 mortgage on West’s two story, three bedroom house in Brandywine, Md., bought the house at auction July 1 at a steep discount. The company paid just $270,000, or 67 percent of the $400,000 that West paid for the pad in 2005, according to Prince George’s County Md. records.
Ventures Trust sued West in February, alleging he’d fallen nearly $45,000 behind on his $450,000 mortgage and hadn’t made the $3,283 a month mortgage payments in nearly two years. There was still almost $400,000 left on the mortgage when Ventures Trust sued West, and the company threatened to seize the house if he didn’t pay the debt back.
West put his house on the market for $315,000, but struggled to find a buyer.
West has not responded to the accusations.