Fantasia Loses Her House to the Bank

fantasia-house

It’s long been said in the music industry that with “mo money” there are “mo problems.”  Fantasia’s life is a living testament to this undeniable truth.  TMZ is reporting that the singer’s home was in foreclosure proceedings, leading her to make plans to sell the house.  She tried selling, but couldn’t get the market value that she’d paid for the home.

Originally, Fantasia tried selling the house for $800,000, which is half a million less than what she paid for it, but there were no biters on the deal.  Finally, in a hint of desperation, Fantasia just gave the house back to the bank, meaning that she will probably get nothing back from her investment.

Fantasia has long been in the news for a variety of reasons, much of it having nothing to do with her amazing singing ability.  Just two months ago, she was in the news after getting into a feud with Jet Magazine Editor Mitzi Miller, who joked that Fantasia was illiterate.  Before that, a long string of odd personal and financial decisions seem to have put Fantasia’s life into the dog house.  We hope she can learn and grow from her mistakes to one day have the life she thought she’d have once she became famous.  But it all comes down to making better choices.

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43 Responses to Fantasia Loses Her House to the Bank

  1. Joyce April 28, 2013 at 2:19 pm

    Anyone coming from meager mean try to help family, but there is a limit so that they do not drain YOUR financial resources. Following this loss she needs to CLEAN HOUSE, which means from her mother on down. If the leaches are not handicapped or dying the needs to shut down and take care of own family.

    This young lady should downsize and hire a ‘real financial adviser’ (having the adviser investigated). I truly wish her well and continued success; even more, praying for her building her own self-esteem.

    Reply
  2. Jdub81 April 28, 2013 at 3:55 pm

    Good luck Fantasia.

    Reply
  3. wanda April 28, 2013 at 5:24 pm

    Just as well. Sometimes things that are hindrances need to be torn away in order to have peace restored. Like the title of her current song reads – Sometimes you’ve got to “lose to win”.

    Reply
  4. Kevin April 28, 2013 at 6:33 pm

    Not surprised. Times are freaking difficult for lots of us.

    I just hope she downsize on giving to others and enjoy what she is blessed with a little more.

    I hope her brother ‘the so-called producer’ is earning a living now.

    That was a major mistake to pay for his underwear.

    Reply
  5. D. WATKINS April 28, 2013 at 6:56 pm

    Leave Fantasia alone ! It was IGNORANT for Mitzi to make the statements that she made. Her comments were real bi—-t—ch s-h–t ! Just about everybody got hurt in the financial downsizing, thanks to Wall street. One thing for sure…girlfriend can really sing…stays true to her southern roots, and is not deserving of all the c**p thrown at her.

    Reply
  6. Ann G. April 28, 2013 at 8:05 pm

    With the money she made, there should not have been a problem with her finances during these hard times, as there was for the normal everyday working family. The first thing new comers to the music industry need to learn, if you bring your family to live with you, give each 1 six months to find a job, if not send their butts back home. If your mom is sick or handicapped, you can keep her and help her but the rest needs to go if they are not working. Another thing, educate yourself about finances and no one writes a check but you. Paying your taxes is a must because Uncle Sam is going to get his or you go to the “Big House.”

    Reply
  7. corbin56 April 28, 2013 at 8:15 pm

    I absolutely love this young lady. If I could buy her home, I would and just give it to her. She deserves a break. How much more should she endure? Anyway, I am certain that it will all work out.

    Reply
  8. ballbull@yahoo.com April 28, 2013 at 10:12 pm

    A black man was not the reason for Fantasia loosing her house.
    Not being able to read and write caused that problem.

    Reply
  9. Fatima El April 29, 2013 at 4:38 am

    Im sending Fantasia LOVE IN LIGHT. She needs uplifting. I pray that she will take business courses. She received her GED Maybe she’ll help Beyonce get hers

    Reply
  10. taheem April 29, 2013 at 8:43 am

    get a life tmz paracites u have no show but to anoy people an report the worst things u can find about people u are all crabs exspecily u harvy u piece of s**t lier i mean lawyer

    Reply
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  14. bubbles April 29, 2013 at 3:42 pm

    Some people slay me speaking about fantasia!, this story is old . To the person that said ” FANTASIA NEEDS TO TAKE FINANCE CLASSES ” That need’s to be most of the united states because many people have lost their homes!,furthermore the ones that are talking probably never had an home to loose!

    Reply
  15. mudbone April 30, 2013 at 2:38 pm

    The haters are out today! Sing on TASIA!

    Reply

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