Report: LaToya Jackson in Foreclosure in Las Vegas
By: Sarah Greenleaf, PR Intern | September 14, 2009
Foreclosures are still a problem in Las Vegas, and one of those foreclosures is now allegedly LaToya Jackson’s problem.
The Las Vegas Review-Journal reports, “A Las Vegas condo she purchased in 1996 for about $260,000 is in default with an unpaid balance of $750,000, according to documents filed in the Clark County recorder’s office.”
The condo is 1,856 square feet and occupies the 27th floor unit at Regency Towers inside the Las Vegas Country Club and Jackson was seen moving possessions out of the Towers before it went to public auction August 31.
Seems she has had trouble paying for the condo for a number of years. The Review-Journal continues, “A number of liens were placed against the condo over the years, some for delinquent homeowner fees, according to documents in the recorder’s office. In March 2006, she was sent a notice of default for $7,500 owed on the residence.”
Here are some examples of Regency Tower homes for sale on Zillow.
It was LaToya who first made claims that her brother, Michael, was murdered and while it wasn’t murder, his death was ruled a homicide.
>> See other celebrity foreclosures.
- Stumble it!
- Categories: Celebrity Real Estate, Foreclosures
Comments
15 Comments so far
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DebtFree on September 14, 2009 1:40 pm
If I recall correctly, she drives a $200,000 Bentley.
Real Estate on September 14, 2009 2:05 pm
She’s broke?
Keith @SpendOnLife on September 14, 2009 3:13 pm
Stuff like this makes me glad I’m not famous. Who wants to put up with someone all up in your financial business when your going through a hard time.
Al Sharpton on September 15, 2009 11:59 am
LaToya will now join many other african americans in an apartment complex … and parking her Bentley under a carport.
Chris Wilson on September 15, 2009 2:37 pm
Bentley under a carport!!! Ha HA ha hA…
Mike on September 15, 2009 10:22 pm
Nice to be racist and hide behind an anonymous computer name, isn’t it? You guys are pathetic.
Tanya Carter on September 16, 2009 12:11 am
I am sorry to hear that. Things happen for a reason. Now would be a good time to check spiritual life. God bless you.
Jamie on September 16, 2009 6:00 am
I feel sorry for La Toya Jackson. Maybe there are other issues behind the foreclosure that we are not aware of. Lots of people lose their homes including people who have money. Sometimes they have other investments that went sour. Even MJ had money issues from business dealings. It’s not nice to gloat over other peoples misfortunes. Remember people who live in glass houses shouldn’t blah blah blah…
abe vigoda on September 16, 2009 8:55 am
Another deadbeat celebrity that can’t manage her money.
Billy on September 16, 2009 10:12 am
Latoya has simply lived beyond her means. This is a “bought lesson” for her.
claudia on September 16, 2009 10:13 am
If she wants to keep her condo, she can try out for a loan modification.
how we got in this mess on September 16, 2009 10:32 am
Wow she paid $260k and owes $750K, looks like it was a Money Maker for her. She took out almost $500K and probably won’t pay it back. YUP, that’s how we got into this mess, don’t feel sorry for her, Ask where do the $500K go????
sugur on September 17, 2009 2:28 pm
Take that white hood off and leave that girl alone. Haters!
Free Loan Modification Kit on October 1, 2009 4:50 pm
Wow i never knew she was having financial problems….I guess no one is immune from foreclosure :/
MonkeyMan on November 19, 2009 3:41 pm
The term african american is stupid. why aren’t whites called european americans? it was one said by a great president that a hyphenated america will make the country fall apart. We dont need any help.