Chris Tucker hit with foreclosure

Chris Tucker, the comedian who starred as a wise-cracking LA police detective with Jackie Chan in “Rush Hour” film series is one step away from losing his Central-Florida located multimillion-dollar mansion.
Tucker bought the 10,000 square-feet waterfront property on Lake Apopka back in 2007 for $6 million, but public records show he owes more than $4.4 million to SunTrust Bank.
Tucker’s was among eight luxury homes displayed during a “Street of Dreams” event at the height of the real-estate boom in 2006, when unimproved one-acre parcels in the budding enclave of the super rich sold for more than $1 million.
The luxury real estate features five bedrooms, three fireplaces, a personal spa in the master suit, and outdoor kitchen overlooking a pool and an unusual basement designed like a pirate ship with wooden deck, mast and sail.
Circuit-court documents show the IRS imposed a $11.5 million lien on the home in 2010 in an effort to collect federal income taxes from the star. The same documents show that Tucker’s monthly mortgage payment was above $25,000. Tucker’s mansion has an assessed value of $1.6 million, according to the property appraiser’s site.
Foreclosure can affect your reputation, which can cause major damages in your life. Contact us to avoid to receive professional advice and help to conduct a short sale. We assure you confidentiality and marketability, as your information is safe with us. A short sale will be conducted to avoid any public exposure so you can move on with your life, like nothing bad happened.

Category : Celebrities &Distressed Luxury Real Estate News &Headlines