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Legal
Nas’s home repossessed and auctioned
By CMU Editorial | Published on Tuesday 16 October 2012
Despite releasing a well-received new album this year, Nas’s ongoing financial problems don’t seem to be abating.
According to TMZ, a house owned by the rapper in Georgia was repossessed by SunTrust bank after he failed to keep up with mortgage payments.
It was reportedly sold at auction last month for $348,000 – $159,000 less than he paid for it in 2004.
