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Allen Iverson loses Atlanta mansion in foreclosure auction

Allen Iverson with the Detroit Pistons in 2008. (Wikicommons)

Allen Iverson with the Detroit Pistons in 2008. (Wikicommons)

Allen Iverson’s bad week just got worse, the former NBA star’s Atlanta home has been sold off in a foreclosure auction, according to TMZ.

The Hampton native allegedly defaulted on a $1.2 million mortgage, sending the $4.5 million home into foreclosure.

TMZ reports Iverson’s bank purchased the mansion yesterday for $2.5 million.

Earlier this week an Atlanta judge ripped Iverson’s parenting in a custody decree while granting a divorce from his wife Tawanna Iverson.

Read more at TMZ

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