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Dr. J's Baller House -- On the Brink of Foreclosure

12/15/2010 11:20 AM PST BY TMZ STAFF

NBA legend Julius Erving is about to lose his 6,700 sq. ft. house in Utah ... because it's about to go into foreclosure.

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The house -- which the former basketball star has been trying to sell for over a year -- went into pre-foreclosure last month ... after Dr. J defaulted on his loan.

Erving tells TMZ, the house is "substantially underwater" -- meaning he owes more than it's worth.

The house -- located in St. George, Utah -- is worth $2.23 million, according to Foreclosures.com.


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