Times are hard folks……..
According to TMZ, the 10,000-sq. ft. Georgia home of T-Boz (real name: Tionne Watkins) is set to go on the auction block in January 2009, after failing to make her mortgage payments.
Public records indicate that the singer has defaulted on the original principal of her mortgage, which is reportedly around $530,000, and now the state has taken it.
I’m not surprised she defaulted on the original principal of her mortgage. I am guessing that she no longer earns the sort of money that would enable her to meet those hefty mortgage payments each month.
Those TLC royalty cheques must be few and far between now…..
Categories: Lack Of Finances
MAD NEWS UK 
You need to learn how to research. She didn’t default on her original principle. Read the essence article that just came out:
T – BOZ SETS THE RECORD STRAIGHT
WE WILL SOON SEE T- BOZ
VIA ESSENCE :
T-Boz: “I’m Not Homeless”
I need to learn how to research? This ain’t CNN.com or the BBC News website. Like I’ve got time to do research lol!!!
But thanks for the advice. Now pass on that advice to the folks over at TMZ.com, seeing as they were the original sources.
Anyway if anyone’s interested in reading the “truth” visit Essence.com
LOVE Y’ALL @ MAD NEWS LIKE COOKED FOOD, BUT ITS TRUE AND THEY REPORTED WRONG. TIONNE IS NOT OUTTA DOORS WITH HER PANTIES DOWN, LOOKING FOR HER SLIPPERS…..AU CONTRAIRE, SHE IS LIVING VERY WELL IN THE A, IN HER ACTUAL RESIDENCE, IN THE SAME SUB-DIVISION SHE’S LIVED IN FOR A MINUTE…..FOR SURE, 1000%!
x
With her panties down looking for her slippers…..
LMAO!!!
Well I’m glad to hear she still has a roof over her head.I was worried sick!