Days after announcing his return to rap, Juelz Santana has lost his home to foreclosure. A final foreclosure judgment was issued on the 2,300 foot New Jersey condo on April 22, and the condo will be sold in a sheriff’s auction.
Santana bought the condo 11 years ago with a $486,000 Wells Fargo mortgage. After failing to make the $3,754 monthly payment since 2013, the bank filed a lawsuit against the Harlem rapper earlier this year. Santana was issued a warning regarding the pending foreclosure of his property and he was given 10 days to respond. His failure to do so led to the judgment being filed at the end of April.
He now owes a reported $688,219 plus $7,000 in lawyers’ fees. Let’s hope his return to the hip-hop scene will help alleviate his financial woes.