Photo Credit: Kim Zolciak/Instagram; Kim Zoliak/Instagram
Veteran reality star Kim Zolciak’s Georgia mansion she shares with her husband former Atlanta Falcons player Kroy Biermann has now gone into foreclosure with an auction date set for March 7th, according to a notice frp Fulton County. This comes after she feverishly denied these rumors earlier in the year during an Instagram Q&A when she was asked if her home had been sold for $257,000 as had been reported at the time. She responded saying, “So, what are you gonna do, haters, when I’m here for Christmas, and I’m here for my birthday in May, and I’m here for all these amazing dates? I’m here until I f-cking wanna move out — until I decide I don’t wanna live here anymore. So, enjoy the view haters, because you’re gonna be seeing it for quite some time.”
The sprawling 6,900 square foot 6 bedroom, 9 bathroom house with a spa, waterfall, basketball court and elevator that the couple have lived in since 2012 on Manor Golf & Country Club in Alpharetta, GA was purchased by them for $880,000. With their upgrades, the home is now worth $2,540,300 according to Realtor.com. She defaulted on both a $1.65 million loan as well as a separate $300,000 one she obtained for renovations.
Court documents about the auction state “The debt secured by said Security Deed has been and is hereby declared due because of, among other possible events of default, failure to pay the indebtedness as and when due and in the manner provided in the Note and Security Deed. The debt remaining in default, this sale will be made for the purpose of paying the same and all expenses of this sale, as provided in Security Deed and by law, including attorney’s fees.”
Kim left her $3 million rented mansion in 2012 reportedly because she and her husband couldn’t qualify to purchase it which explains why she bought this home for under $1 million covered in mold and incremently spent money renovating it. And she did a phenomenal job doing so. We’ll see if she’s able to come up with the approximately $250,000 needed to keep it for being sold at auction.
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