NY Knick Eddie Curry’s House In Foreclosure
Court records show that former Chicago Bulls player Eddy Curry’s(notes) suburban Chicago mansion is in foreclosure.
It’s the same home where Curry was bound and robbed in 2007. He now plays for the New York Knicks.
Documents show that Curry was more than $217,000 behind on his $3.7 million mortgage as of Friday. Records reviewed by the Chicago Sun-Times show that Curry and his wife, Patrice, took the 30-year mortgage out in July 2003 to buy the home. A court filing says the Currys’ initial interest rate on the home loan was 9.25 percent with a monthly payment of $28,675.
Eddie Curry’s Child Was Murdered
Male Driver Says Eddie Curry Sexually Harrassed Him
Famous Gay African-Americans
Comments
8
% %
Why yall putting that man business out there like that.
Yall should teach people how not to get in and how to get out of these type of situations.
Just to let people know-it dosent matter if you make 20,000 or 1,000,000 dollars a year.If your money management skills arent right youll end up in the same situation.(Think about the all the lottery winners who went broke)The biggest difference between a rich person and a poor person is that a rich person can manage thier money indefinitely and multiply it.Obama got it set up so a person working at mcdonalds can can be a millionaire in a couple of years(hardly no bodies taking advantage of the oppertunity ).
The thing about buying a house on a athletes or entertainers salary is that you may only be making money less than ten years(there are some exceptions).A residential home loan is normally a 30 year mortgage.Someone with those type of occupations should buy their investments first.
Once your rich or famous you need security of some sort.Living in a building with good security would be nice.Having land is the best security.Imagine having like a thousand acres.Put your house in the center with a solid gate with electrical bob wire on it surrounding a couple of cleared of acres.The rest of the land(wooded) should be surrounded by a gate with no trespassing sign on it every so often regulated by law.The wooded area can be filled with pit bulls or bear traps what evers suitable.Have motion sensetive cameras that will notify you if something or someone on your property.If the person is a threat and happens to make it to the inner gate wait for them to hop over and mow them down with your ak leagally.Youll have video evidence that will stand up in court.
I don’t understand,somebody tell me something, if a person making all that kind of money, why would you have a mortgage?, why you can’t buy the house straight up, pay for it in full…I agree CONTRACTPLUMMER they got fu*%k on that deal..9.25, they were stupid and realtor laughed all the way to the bank! smh
He’s had these problems for a long time now. He was deep in debt when he had his heart problems and signed that contract despite his health because he was so in need of money. A friend of mine worked for a finance company who had to run his credit for a car loan and said his credit rating was so bad that he would have to pay an astronomical car note every month. This is nothing new. He has so many people he is taking care of there is no amount of money in the world that would keep this man out of debt.
man nba players need more accounting classes!!! 9.25% my ass that is way too high!!! he was f**ked to begin with
I thought he likes men he’s married? The extremes black men go through to look straight.
didnt think pro ballers had these problems., rappers maybe athletes… news to me
curry prolly dont even care about that house. He can’t afford it, so, he said “f” it.
HE’S A NOODLE….