Looks like Stephon Marbury is about to lose his second home to foreclosure, because he’s failed to pay the rent.
U.S. Bank International filed legal docs against Marbury, claiming he hasn’t made mortgage payments on his 2-bedroom 2-bathroom NYC condo since March 2010, and currently owes $844,035 on the property … which he purchased in 2006 for more than a million dollars.
U.S. Bank wants Marbury to pay the full amount NOW, or get the hell out … so the condo can be sold at auction.
It’s the second time a foreclosure action has been brought against Marbury since he left to play pro basketball in China — just last year he lost his L.A. home at a foreclosure auction.
Basketball Husband, Stephon Marbury on Verge of Losing Second Home to Foreclosure was originally published on zhiphopcleveland.com