Fantasia Gets to Keep Mansion

fantasia-mansion

Fantasia Barrino is no longer facing foreclosure on her $1.3 million home, attorneys for the American Idol winner have announced. An auction of the six bedroom, 6,232-square-foot mansion in Charlotte, North Carolina was scheduled to take place Monday — but the American Idol winner struck a deal with her Florida-based creditors to keep her home for now. She could still lose it at a future auction if a settlement is not reached.

“Assuming the promised payments all get paid as indicated, we will be satisfied,” Larry Goldman, the lawyer representing lender Broward Energy Partners, told the New York Post. “I didn’t want to take her house.”

The 24-year-old still owes $65,000 — money she borrowed in 2006 to pay back taxes to the IRS. Her last payment of $10,000 was made in August 2007.

Barrino has agreed to a repayment plan, but the creditor’s lawyer didn’t release details.

“Reading between the lines, I’m assuming the money is not there or, at least, it’s not there in the short-term,” Goldman told the Post. “My client just wants to be paid.”

This isn’t the first time the 2004 Idol champ has faced foreclosure. In 2005, she nearly lost a 4,500-square-foot home in the same neighborhood. plus a $240,000 Mercedes. Both matters were resolved in court, although tax records show she owes $14,678 for that residence.

3 thoughts on “Fantasia Gets to Keep Mansion

  1. maeva

    i just don’t get it!
    y didn’t she just buy a simple house, 4 bed rooms that would have cost her about $200,000.
    don’t put your cap where you can’t reach it.
    why does she need 2 houses n the same area, rent one out, so you can afford to pay ur bills!!!!
    that’s an idea!!!!!!!!!

  2. Peaches Post author

    when you are a celebrity they think they have to live the live of the super rich, spending money they don’t have.

  3. Bridgette Dixon

    Girl you are a true star, so get your house in order and always remember to put God first.

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