Common Facing Foreclosure on Chicago Apartment

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Mortgage payments are allegedly an uncommon practice for rapper Common ... who is now in danger of having his Chicago apartment foreclosed on because he allegedly hasn't paid his mortgage since March.

According to legal docs,Common (real name Lonnie Lynn) and his manager, Derek Dudley, got a mortgage for a condo back in 2008. But Bank of America claims ... beginning in March, the duo stopped making the monthly, $2,285 mortgage payments.

So now BOA is getting tough, filing foreclosure docs. The Bank wants to sell the property, and recoup the amount of the mortgage, plus interest and penalties, which total $345,389 ... and 52 cents.

Common's rep tells TMZ the two sides have reached an agreement ... explaining, “The Chicago property is not being foreclosed on. They have reached an agreement to sell the property to an individual with a closing date set for early August. Bank of America is aware of this fact.”

Nicky Hilton Ready to Dump Her $3 Million L.A. Mansion

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It's black ... it's white ... its got a skull on the coffee table ... and now Nicky Hilton's Hollywood Hills home could be yours for a cool $3 million (skull may not be included).

Paris' little sister just put her 4,072 square foot home on the market ... after spending roughly 5 years in the Hollywood pad, located right above the Sunset Strip.

Nicky bought the place for $2.8 mil in 2007 ... and this week, she listed the home for $2.95.

It's not a bad place ... 3 bedrooms, 4.5 baths, a lagoon-style pool, gym, sauna, tons of privacy ... and 2 huge master closets (duh, she's a Hilton).

If Nicky can't find the right buyer, she's willing to lease the place ... for $15,000 per month.

Fun Fact -- Nicky's sister Paris used to lease the house directly across the street.

Selma Blair Famous Person Sells Mansion to Famous Person

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Selma Blair unloaded her swanky L.A. mansion after 6 months on the market, TMZ has learned, but she didn't let just anyone buy it -- she waited until ANOTHER celebrity came along to scoop it up.

The 2,918 sq. ft Hollywood pad was listed back in January of this year for $1.78 million ... it boasts 3-bedrooms, 3-baths, white wooden floors, glass walls and a Koi pond ... which is great if you like Koi.

But after half a year on the market there was still no sale ... until now.

Other famous person, Liz Meriwether -- creator of Fox's hit show "New Girl"-- saw the modern-decor crib and just had to have it -- so she laid down some major "New Girl" bucks to call it home.

Reason # 3,567,800 to be rich & famous.

NBA Star Chris Paul Future with Clippers Tied to House Deed?

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Now that Blake Griffin has signed a five-year contract with the Los Angeles Clippers, the fate of the franchise rests on whether or not Chris Paul does the same next summer ... and TMZ may have uncovered a clue in the deed to his new home.

As TMZ first reported, Paul picked up a sweet Bel Air mansion that boasts 8 bedrooms and 10.5 bathrooms ... and used to belong to Avril Lavigne.

Paul paid $8.5 million for the house ... but according to the deed, he put a down payment of $3.5 million. The standard down payment on a house like that is usually around 30% of the total price, but Chris' payment represents 44% ... a pretty decent sign he plans to keep the house for some time.

Or at least that's what Clippers fans hope.

'O.C. Real Housewife' Scores MANSION in Divorce

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"Real Housewives of O.C." star Vicki Gunvalson just scored a multi-million-dollar haul in her drawn-out divorce -- TMZ has learned, she's walking away with the ex-couple's gorgeous mansion.

Vicki and her husband Donn have been hammering out the details of their divorce since Vicki filed back in 2010 -- and now, TMZ has obtained legal docs which show Vicki was granted sole ownership over the ex-couple's 5,400 square foot Coto de Caza home.

It's GIANT ... and it sits on a one-acre plot of land, featuring a ridiculous pool with a waterfall.

As we reported, the Gunvalsons attempted to sell the house last year for $2.695 million -- but clearly, the house didn't budge. So now, they've decided it's all Vicki's problem.

So far, it's unclear what Donn gets.

Peyton Manning Scores Sprawling Mansion In Denver ... For Millions

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Peyton Manning is taking his first big step as a brand new Denver Bronco -- TMZ has learned, the star quarterback just purchased a multi-million dollar mansion in a ritzy suburb outside the Mile High City.

Real estate sources tell TMZ, Peyton -- who split with the Indianapolis Colts earlier this year -- closed the deal Monday for the 16,000 square foot home in the exclusive Cherry Hills Village, agreeing to pay $4,575,000.

The house has 7 bedrooms, 9 bathrooms, 7 car garage, a gated entrance, a panic room ... and a freaking elevator.

But Peyton won't have a problem affording the place -- the guy signed a 5-year contract with the Broncos on March 20th ... worth $96 MILLION.

Tebow, who?

Evander Holyfield Boxing Up Foreclosed Georgia Mansion

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Evander Holyfield couldn't fight his way outta this one ... the former heavyweight champ is finally moving out of his foreclosed Georgia mansion after failing to strike a deal with the bank.

TMZ broke the story ... Holyfield owed more than $14 million on the 54,000 square foot mega-mansion ... which was recently sold at a foreclosure auction for $7.5 million.

After the sale, the bank that purchased the home allowed Evander to continue to live there temporarily ... but judging by the moving trucks lined up at his front door ... it seems he's finally worn out his welcome.

We're told the trucks spent several hours at the mansion -- though it's unclear where the movers are taking E.H.'s stuff.

Holyfield obviously has some major financial problems -- besides the foreclosure, he owes a ton of cash in unpaid federal taxes ... plus, he's up to his mangled ears in back child support payments.

Ne-Yo Come Closer ... To My $500k Mansion

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R&B superstar Ne-Yo spends a lot of time writing hits for other people ... and now that's paying off, 'cause dude just dropped over $500k on a siiiiiick house in GA.

The singer / songwriter bought a sweet new 5,900 square foot pad in Milton, Georgia ... it boasts 6 bedrooms, 5 baths, a finished terrace and overlooks a golf course ... which is awesome if you like golf.

Ne-Yo bought the house for a cool $550,000 ... but from the pics we're hoping he'll spend a few more song-writing bucks re-decorating.

Just sayin'.

Ne-Yo's mansion just got a little more awesome -- 'cause his peeps tell us he actually bought it as a gift for his mother! A $550k trinket ... well played, son.

Matt Damon & Michael Douglas We're Taking Over Casa von Ahole

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Prince von Ahole is about to get some incredibly famous house guests -- TMZ has learned he's renting out his Bel Air mansion for a movie starring Matt Damon and Michael Douglas.

Sources close to the Prince tell us ... Ahole and his wife Zsa Zsa Gabor struck a deal with the people behind Steven Soderbergh's upcoming project, "Behind the Candelabra" ... an HBO film about Liberace.

The film stars Douglas and Damon -- and we're told producers plan on shooting inside von Ahole's pad for at least 23 days.

Sources tell us Prince will rake in somewhere in the ballpark of $70k from the deal ... which is HUUUUGE because Ahole needs the money.

We broke the story ... Prince took a $1.5 million personal loan to pay off his mortgage in the face of foreclosure ... but he only has 11 months to repay the loan.

$70k ain't a bad start ... only $1.43 million to go!

Beverly Hills 'Housewives' Forced to Evacuate Due to Massive House Fire

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The cast of "Real Housewives of Beverly Hills" was evacuated from Adrienne Maloof's home moments ago -- shutting down production of the show -- after a neighboring house caught on fire.

But it wasn't just any house -- it used to belong to Lisa Vanderpump and was featured significantly in the first two seasons of the show.

We're told the damage to Lisa's old mansion is already "significant" -- and firefighters are currently on the scene, desperately trying to extinguish the blaze. No word yet on how the fire started.

FYI -- Lisa recently sold the house. It's unclear if the new owners have moved in yet.

Amy Fisher Shoots Over to Florida ... For Brand New Digs

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She made a fortune off shooting her ex-lover's wife in the face -- and now, "Long Island Lolita" Amy Fisher is putting that money to use ... buying a brand new pad in Florida for more than half a million dollars!

In case you forgot ... Fisher became infamous in 1992 -- when she was just 17 -- after shooting her lover's wife Mary Jo Buttafuoco in the head. Mary survived, but Amy pled guilty to first-degree aggravated assault and served 7 years in prison. Amy then wrote two tell-all books ... and eventually became a porn star.

Now, Amy Fisher -- who has since changed her name to Elizabeth Bellers -- has purchased a BRAND NEW HOME.

The 4,000 square-foot estate home in Wellington, Florida -- 18 miles from Palm Beach -- boasts 5 bedrooms, 5 baths, epic water views, a pool, spa and mega vaulted ceilings ... all the for the low, low purchase price of $575,000.

Florida has notoriously loose gun laws. Just sayin'.

Gwyneth Paltrow & Chris Martin Score Insanely Spectacular Mansion

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Gwyneth Paltrow is in escrow on one of the most spectacular estates on the westside of L.A. ... and it's costing her and hubby Chris Martin a pretty penny ... TMZ has learned.

The house -- courtesy of famed architect Windsor Smith -- was listed for $10,450,000. We're told Gwyneth and Chris paid close to the asking price.

The house has 6 bedrooms and 8 baths, which means their 2 kids will probably each get their own rooms.

It was built in 2011, and apparently the real estate crash took its toll. The house was originally listed at $11,960,000 in September, 2011, but reduced recently.

The house, which is planted on rolling grounds and lined with shady sycamores and even has a stable, is perfect for people with English accents.

Meg Ryan Sells Crazy Beautiful Mansion

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Meg Ryan has just unloaded her spectacular Bel Air mansion for a huge price ... TMZ has learned.

Real estate sources tell TMZ ... Meg raked in $11,125,000 in the sale -- close to the $11,400,000 asking price.

Meg bought the 6,877 square foot mansion in 2000 in the middle of her divorce from Dennis Quaid. Her neighbors include Jennifer Aniston, Michael Bay, Berry Gordy and Darren Star.

The best news for Meg ... she made a killing. Ryan bought the estate for the very reasonable price of $8.6 million.

As for the lucky buyer -- he's Adam Bernhard, who just sold his clothing company for $270 million, so $11 mil is like a condo in the Valley.

Adam was represented by the Zelig of realtors, celebrity realtor Kurt Rappaport.

Antonio Cromartie I Saved My Mom's House from Foreclosure!

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NY Jets star Antonio Cromartie was able to cut a deal with the Bank of New York and has officially prevented the coin-carriers from snatching up the pad he bought with his mom, TMZ has learned.

As TMZ previously reported, the bank sued the footballer for not coughing up $105,381 in missed mortgage payments and wanted to foreclose on the tiny 864 sq. ft. house he bought back in Nov. '06 -- which his mother co-signed for -- in his hometown of Tallahassee, Florida.

But according to new court docs, the bank changed its tune and voluntarily dismissed the case ... which means Cromartie either paid off the debt entirely or worked out a deal to restructure the payments.

Saving the house wasn't exactly an Everest sized feat ... the Pro Bowler signed a 4-year $32 million contract with the Jets in 2011.

In other Cromartie news -- he still has 10 kids, a slew of baby mamas and 2 more wee ones on the way.

Octomom House Officially Foreclosed

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Octomom Nadya Suleman has just hosed the owner of the house she's living in, because the house officially went back to the bank after a disastrous foreclosure auction.

Amer Haddadin, the man who owned the La Habra home, tells TMZ ... the auction took place this morning, but no one bid on the property, so it went back to the bank. FYI the opening bid was $355,643 ... but no takers.

So, you ask, how did Octo hose Amer? Well she wasn't paying the money that was supposed to go toward the monthly mortgage payment, Amer couldn't cover it himself, so he lost the property.

As for Octo, the bank will have to initiate eviction proceedings to kick her and her brood out.

Martin Lawrence Rent My Gaudy Mansion for $200k a Month

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Wanna take a rinse in a really over the top pink bathroom? Or play pool in a super gaudy game room? Well, if you've got $200k per month to blow, you can rent Martin Lawrence's Beverly Hills mansion.

The "Martin" actor -- who just filed for divorce back in April -- is renting out his monstrous 13,900 square-foot estate ... which looks more like an ostentatious Vegas resort than a house.

The mansion -- located in the ultra-private Beverly Park community in Bev Hills -- boasts 7 bedrooms, 9.5 baths, a wine room, home gym and a state-of-the-art movie theater with concession stand so you can watch hours of "Big Momma's House" and nosh on popcorn at the same time.

It's unclear why Martin doesn't wanna live in his mega-pad -- perhaps it just doesn't have that bachelor feel.