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Jermaine Dupri

Barely Rescues Mansion

From Foreclosure

9/8/2012 2:00 PM PDT BY TMZ STAFF
EXCLUSIVE

0907_jermaine_dupri
Jermaine Dupri
's giant Atlanta home is safe ... for now -- because the music producer successfully rescued the place from foreclosure auction this week, after allegedly failing to pay $193,000 in mortgage debt.

Dupri's home was scheduled for auction September 4th -- after Dupri's bank claimed the rapper failed missed $193,404 in payments on his mortgage.

0906_jermaines_home
Dupri filed an emergency motion in response, asking the court to block the auction, claiming he only owed $89,901 ... and he paid the bill in full by the time he filed the motion.

The house was yanked from the auction at the last minute.

Dupri’s lawyer, James Kane, tells TMZ, "There was no foreclosure sale of the property ... We are presently working with the lender to reconcile our disagreement over the [mortgage amount due]."

66 COMMENTS

No Avatar
1.

KicksandGiggles    

Hum... if you have to struggle to keep it, then you don't need it!! You don't have to have a mansion in order to have a home!

742 days ago
2.

Pondscum    

He will either do a short sell, or it will be foreclosed on again within a year!

742 days ago
3.

KnuckleDragger    

"That's the way we roll!" said Dupri, flashing a gang sign. "We sells this rapper crap to the ignorant blacks...we's collect da' money...den we don't pay fo' nuthin' til we against da' wall. Dats da' 'merican way!

742 days ago
4.

She's baaaack    

That freak lives in that house but he can't afford to get those disgusting teeth fixed? Maybe he can get a 2 for 1 with Whitney's kid

742 days ago
5.

joecrabs    

Its called being house poor. They can buy everything on earff except a place to stay in.

742 days ago
6.

NYCJB    

as soon as Janet broke up with him he stopped paying his mortgage (he was facing foreclosure just last year on this same house, so this is the second time), he stopped making payments on his Lamborghini, he owed taxes...no more private jets, no more fashion weeks...so much for "living the life"...he was living Janet's life, and she took her life with her when she left him...now her current boyfriend of about 2 1/2 years in a billionaire

742 days ago
7.

Jay W.     

"claiming he only owed $89,901 ... and he paid the bill in full..."


Well isn't he special ?

742 days ago
8.

frank    

I love how all these 'celebrities' vote democrat to seem cool and hip yet none of them can even afford to pay their bills, no wonder why...

742 days ago
9.

Tracy    

IF he stay out of the strip clubs he could pay his mortgage these rappers and entertainers spend a lotttt of money skrippers!

742 days ago
10.

lbs    

Wow Brat went Platinum, CrissCross went platinum, & thats just two artist....btw, What happen to MrsJackson?

742 days ago
11.

Throwback kid    

Janet Jackson should get her eyes checked, this brotha looks like a wrinkled up goblin. How did Janet date this guy? He is one ugly guy, he looks like a human Gremlin!

742 days ago
12.

Joey    

LOSER Was he using the money to get his body stretched so he would be 5 feet tall?

742 days ago
13.

sidithers    

Throw him a Baby Ruth

742 days ago
14.

C-rad    

He looks like a handsome insect.

742 days ago
15.

chrischris    

hi!

maybe he could see if he has money at his state treasurers office.

www.missingmoney.com has a list of all state treasurers offices websites.

www.cashdash.net is the illinois state treasurers office website.

i hope you find money!

christine

742 days ago
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