26 January 2009 19:11

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FUGEES - JEAN HITS BACK AT HOME FORECLOSURE REPORTS

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JEAN HITS BACK AT HOME FORECLOSURE REPORTS

Former FUGEES star WYCLEF JEAN has fired back at reports alleging his Miami, Florida home has been hit by foreclosure - blaming a contractor who "sat on the job for two years" for the mix-up. Jean bought the Miami Beach mansion in 2004, reportedly taking out a $2 million (£1.5 million) mortgage through a corporation he owns with several friends.
But a string of legal problems ensued with the construction of the unfinished property, with Jean's corporation reportedly owing the bank more than $2.4 million (£1.7 million) when renovations floundered, sparking the reports last November (08).
According to TMZ.com, Jean says he was "robbed" by contractors he commissioned for the $900,000 (£650,900) project.
The singer's home was scheduled for auction on 12 December (08), but reportedly settled loans with the bank in time, avoiding having his home sold off.
Jean now intends to resell the Miami-Dade county property.


26 January 2009 19:11


Tags: Fugees - Wyclef Jean






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Blue Mojito Click for more info ( 1)

posted on 25/04/2009 18:54


comments:

It is amazing about how much information a shady subcontractor can dig up out of the garbage pail if you just wait a few moments. Some woman has has just birthed the head of new village in Mogadishu with the carpenters first born. The sat by the village watering hole for the child's naming ceremony inviting guests and family members worldwide. Just pay off the shady subcontractor and make a deal to replace the renovation contractor at a marketable rate. Better yet, a suite at the Marriot might be more money-wise than a trip to Bush v. Gore court.







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