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Nas Loses Home To Foreclosure

October 15th, 2012 8:50am EDT

Nas

Apparently even celebrities are having problems holding onto their homes. Rapper Nas has reportedly lost his Georgia home to foreclosure.

The singer reportedly defaulted on payments for a two-bedroom home he bought in 2004 for $585,000, according to TMZ.com. SunTrust bank has claimed the property to recover $507,000 Nas allegedly owes officials.

The bank recently foreclosed on the property and sold it at public auction for $348,500 last month.

Meanwhile, Nas and Lauryn Hill are preparing for a 10-city tour that starts Oct. 29 in Dallas, Texas.

Photo Credits: PR Photos