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As of Monday, R&B Artist R. Kelly's mansion loss was J.P. Morgan Chase's gain, reported the Chicago Sun-Times. The singer's Olympia Fields, Illinois house was bought by the bank for $950K, even though it was once worth nearly $5 Million.
Unfortunately, over the years several notable A-listers have been victims of public financial hardships that lead to them losing their properties. Click through our slideshow of 10 celebrities who have suffered a home foreclosure.
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The Duluth abode was purchased by the singer in 2004 for a reported $2 million. She lost the home when she filed bankruptcy in 2010.
The Californian home was given back to the bank after going up for auctions with no bidders.
The NFL player's Dallas condo was solde right before foreclosure.
Rapper Birdman actually bought Storch's foreclosed Miami home.
The actress' Palm Spring home went into foreclosure and was eventually sold for $2.4 million.
In 2010, Cage's Los Angeles home was auctioned off.
The Florida mansion was put up for auction in 2010.
The baseball player lost the home he bought from Wayne Gretzky in 2010.
Zillow plans to attract more homebuyers to their site by publishing homes in foreclosure before they go on sale. Is this smart or predatory business?
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