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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

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16.

CriticXtreme    

Y'all know what this is.? Real stupid!!!!! These dudes love perpetrating a fraud by saying you're all this and have this. The first thing you do when you get money is either buy or payoff your current house. Just stupid moves that should down play your credibility. And how does a bank let you slide for this long period? Mr. So So Def and the banks are both shady.

689 days ago
17.

Tigers Wood    

You would call that a Mansion? All the houses TMZ talks about are all Mansions. Looking at the size of that home, then I too am living in a Mansion and I did not even know it. I remember the Beverly Hill Billies lived in a Mansion, and my house is no were close to their size, that's what I remember what a Mansion was like.

689 days ago
18.

Truth    

SEE, THAT'S WHY ALL THESE DOUCHE BAGS HAVE NO BASIC BUSINESS MGT IQ... YOU MAKE MILLIONS WHEN YOU'RE HOT AND IN YOUR PRIME YET DONT PAY OFF YOU'RE FREAKIN HOUSE. AT THE SAME TIME YOU BUY MILLIONS WORTH OF CRAP JEWELLERY, CARS, AND HOOKERS AT FANCY VACATION SPOTS. CONCLUSION??? DUDE WILL BE BROKE AND HOMELESS WITHIN 3YRS. #TRUTH!!

689 days ago
19.

BC    

Maybe he's living beyond his means?

689 days ago
20.

palermo    

So many people with a lot of money just piss it away. Pay off the mortgage first dumbass, then buy a bunch of bling and useless crap

689 days ago
21.

Diamond Goddess!    

His $$$ is short...just like he is! tee hee
When you get $$$ in big chunks, and then make none for long periods of time, this kind of stuff can happen.
When was his last hit song?...'Nuff said!

689 days ago
22.

NYRJ    

RELE jermaine???

689 days ago
23.

Peter    

I'm curious why some racist comments here can even be read. A monkeys DNA is different than a human being of African decent. I know you didn't know that, but someone had to educate you. As far as blacks being financially irresponsible, I guess we should look at a few white individuals too who have been in the similar situations. Nicolas Cage, Donald Trump, Stephen Baldwin, Gary Busey, Randy Quaid, Kim Basinger and Burt Reynold just to name a few. I would greatly appreciate if those who made this a black thing can email these people with the same advice they're posting.

688 days ago
24.

myopinion    

Everyone is in debt they need to scale back on their spending people are not buying music like they use to.

688 days ago
25.

Hi_Life808    

Ahh white people and their back bones behind computers. Funny i never hear a peep in the real world. Even tho i've called some Haoles to their face on couple occasions. Grow a pair or let yours drop. He still has more money then any of you commenting.

688 days ago
26.

Cheryl    

Failed or missed. Pick one not both. And this story should never happen to celebrities. WTF.

688 days ago
27.

Meanie    

Yet another idiot with zero math skills. Yawn.

688 days ago
28.

chuck     

That's what he gets, he is a nasty, nasty person when you meet him and he's arrogant and stuck up.....All he know is strip clubs, that's why janet left his ugly self.

688 days ago
29.

small asian penis    

Is this why Janet kidnapped Katherine?

688 days ago
30.

lexington marlow    

Why do white people hate seeing rich blacks ? it's not as if we are taking the legal tender to our graves ! Chill out guys. The racism around black stories on tmz is a bit too much. Trust me. Its not decent.

688 days ago
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