Allen Iverson loses Atlanta mansion in foreclosure auction
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.