Keith Sweat Sued For Foreclosed Home

(TMZ) R&B singer Keith Sweat is singing the foreclosure blues ... because even after the bank took his house and sold it ... he's still on the hook for $250,000 -- this according to a new lawsuit.

PMI Mortgage filed the lawsuit against Sweat in Georgia -- claiming the singer defaulted on a $450,000 mortgage on his Detroit home, which he purchased in 2004.

Problem is -- the house was drowning underwater ... so when the bank sold it, it only recouped $200,000 ... a fraction of its losses.

PMI Mortgage sued Sweat for the balance -- $253,000 -- and since Keith failed to respond, a judge ruled in PMI's favor. PMI has since sought a lien on Keith's Georgia property in a last ditch effort to get its money.

Calls to Mr. Sweat were not returned. more on this story

TMZ submitted this story.
Copyright TMZ - Excerpted here with permission.

Keith Sweat CDs, DVDs and MP3s

Keith Sweat T-shirts and Posters

Share this article

Share on Facebook Share on Twitter Share on Google+ Pin it Share on Reddit email this article




Follow Us: Facebook Twitter Feeds

Contact Us - Privacy - antiMusic Email - Why we are antiMusic

Copyright© 1998 - 2019 Iconoclast Entertainment Group All rights reserved.

Please click here for legal restrictions and terms of use applicable to this site. Use of this site signifies your agreement to the terms of use.