Allen Iverson Loses Georgia Mansion To Foreclosure

We talking about payments!

Former NBA superstar Allen Iverson has lost yet another home over his failure to make payments, @bossipofficial reports. ⠀⠀⠀⠀⠀⠀⠀

Just last year, Iverson was hit with a foreclosure lawsuit for his Alpharetta, Ga. mansion, claiming he’d failed to make payments on his $1.7 million mortgage. In docs obtained by the publication, the bank claims it gave Iverson time to settle the legal dispute, but he never coughed up the cash. As a result, the bank seized the home and put it up for auction.

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Iverson secured the Georgia home back in 2006 for more than $2 million, which came complete with seven bedrooms, eight bathrooms, a two-story living room, a media room, and spa. Now though, after an Atlanta judge finalized the foreclosure order, the home is on sale for $1.1 million.

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According to @bossipofficial, this is Iverson’s third foreclosure in the last seven years. Back in 2013, the baller lost his $4.5 million Atlanta-area home, just four years after purchase.  And in 2011, Iverson lost his $3.8 million Colorado home.