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Stephon Marbury

NYC Condo Teetering on

Foreclosure

9/17/2013 9:30 PM PDT BY TMZ STAFF
EXCLUSIVE

0917-stephon-marbury-tmz
Stephon Marbury
's about to lose his SECOND home due to foreclosure, at least if his bank gets its way ... because the former NBA star has allegedly failed to pay his mortgage yet again.

U.S. Bank International filed legal docs against Marbury, claiming he hasn't made mortgage payments on his 2-bedroom 2-bathroom NYC condo since March 2010, and currently owes $844,035 on the property ... which he purchased in 2006 for more than a million dollars.

U.S. Bank wants Marbury to pay the full amount NOW, or get the hell out ... so the condo can be sold at auction.

It's the second time a foreclosure action has been brought against Marbury since he left to play pro basketball in China -- just last year he lost his L.A. home at a foreclosure auction.

Fact is, he didn't really care then ... and he probably doesn't care now ... presuming he even knows about any of this. Calls to Stephon's lawyer weren't returned.

For more sports stories, check out tmzsports.com!
17 COMMENTS

No Avatar

1.

Toilethead    

Yet another dumbass jock who had it all and lost it.

398 days ago
2.

Clytemnestra    

What a ripoff for the bank...this jerk pays less than 20% of the purchase and then holds up the place for years. Eviction laws are too lax for deadbeats like this.

398 days ago
3.

PitBullLover    

who gives a ****e? who this this unknown Obscure dude? if you guys stopped reporting on so called sports people half your web site would be non existent...... SRSLY.

398 days ago
4.

hondroid    

There are so many former pro athletes having financial issues after retirement and yet newer players keep making the same mistakes. They get paid millions of dollars but rather than paying off their houses and putting some of it away, they instead burn it all on bling, luxury cars, etc. just to have this crap happen later. Stupid, stupid, stupid.

398 days ago
5.

WME2KS    

Stephon Marbury is not obscure he was an all star and good point guard in the league for over a decade and I care to read about him losing his stuff its fun. If you don't like it don't read it btch

398 days ago
6.

kat40    

So that it explains why his wife is on the reality show basketball wives they need money

398 days ago
7.

Kelly    

"and he probably doesn't care now ... presuming he even knows about any of this."
Probably? Presuming? Hey, I know. Why not let the tourists in front of Grauman's write the site from now on. They might have more insight.

398 days ago
8.

Joao    

It all goes to prove; you can't make a silk purse out of a sow's ear.

397 days ago
9.

tonywestspeaks!    

Is this really news? Opps! I forget this is TMZ.

397 days ago
10.

Mikey    

Shoe on head...........

397 days ago
11.

dd    

Wow and his wife is playing rich on the basketball wives.

397 days ago
12.

Kelly Rollins    

Couldn't happen to a better person...he's another dumb jock who feels he's above it all!

He's a HAS BEEN NOW! This is excellent Karma... what goes around comes around and justice finally being served.

Can't wait for the day to hear that he's pennyless!

397 days ago
13.

chicagoannie    

How do these famous rich people get away for 3 years without paying their house payments? Regular folks would be thrown out in 6 months.

396 days ago

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