Big Momma’s House: Lil Kim’s $2.2 million mansion in foreclosure

CAN SHE STAY WITH YOU, DIDDY?? 

For Hip-Hop’s crowned Queen Bee, Lil Kim, making payments on her multi-million dollar New Jersey mansion has apparently been a royal pain in her inflated cheeks…So, the bank is ready to alleviate the rapper of her hard-to-maintain overhead, as her crib has recently been placed in foreclosure. 

 
COLD WORLD…

NO SNUGGIE… 
 
SO PEEP…
 
Bad Boy Records’ 42-year-old “Money, Power, Respect” spitter has reportedly been struggling for years to cut checks on the $2.2 million Alpine, NJ estate she purchased back in 2002. 

 
According to Bergen County court records, obtained by NJ.com, Kim owes a staggering $1.9 million including interest and taxes. Property taxes on the crib are said to be over $23K a year. 
HSBC Bank first instituted foreclosure proceedings against Lil Kim in 2010, per the legal docs, and the opposing sides have been in mediation since 2015.  

 

Lil kim foreclosure
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But in May, the judge’s ruling that the “Big Momma Thang” lyricist was in default went  uncontested.

 

SOOOOOO…

 

Now that Kim’s castle is in default the home will hit the auction block…

 

Though foreclosure auctions are often delayed, the petite Brooklyn baddie–who was slammed with a $126,805 tax lien by the Internal Revenue Service in 2015, which is still active–has until 10 days after the auction to come up with the funds to reclaim the house… If not, she has 30 days to vacate.
 
Start packing them wigs and waist trainers, sis. 
 
THOUGHTS? 
By : Asia Grace         

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