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Jim Jones’ And Chrissy Lampkin’s New Jersey Mansion Foreclosed, Sells For $100 – MadameNoire

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(******************************************************************************* )’s been a rough number of years for the Dipset team.(********************************************************************************************* )’ ron and Juju went their different methods a rather untidy break up.JuelzSantana is presently serving time for bringing a weapon to the airport.And now,JimJones and his long time partnerChrissyLampkin have actually lost theirNewJersey house to foreclosure.

According to our sibling websiteBossip, the estate was foreclosed on and cost auction for simply $100The procedure has actually been a longtime in the making.

In2017, the U.S.NationalBank Association taken legal action against Jones for stopping working to pay the home loan for almost a years.

The claim mentioned that Jones purchased your home in 2006 (the exact same year” Ballin’ was launched), getting a $ 680, 000 home loan to do so. He accepted make month-to-month payments of $ 4,467

.

But the bank declared Jones stopped paying the home loan in2010 Last year, Jones and the bank reached a contract to pay the financial obligation and get the house out of foreclosure however obviously Jones might not support his end of the deal since the bank asked the court to release a last judgment versus the couple.

When neither one reacted, the judge put them in default.

Eventually, the bank purchased the house from a Sheriff’s Sale for simply $100

.

In overall, the bank declares that Jones and Lampkin owe $ 1, 240, 017 that includes interest, realty advances, taxes and property owners insurance coverage.

The 5 bed room house is now valued at $ 742, 000 according to Zillow, a real estate site.

This is the exact same house that has actually been included on “Love and Hip Hop: New York,” though now Jones and Lampkin reside inMiami

.

They will still be accountable for paying the $1 2 million.

.

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