Diamond Clears the air about her foreclosure

Sunday, December 26, 20100 comments






A few days ago the internet was in a buzz about Lil Scrappy and his girlfriend female rapper Diamond having both their houses put in foreclosure. Well Diamond put out a statement explaining what really happen. If you were thinking that she had to go into foreclosure because they were broke, then you are wrong... at least thats what Diamond says

On the Foreclosure:

It was a business decision, plain and simple. I bought that house in ’02. It was a house I did live in at the time for about a year. But then I got into other rental properties and flipping my money and moved out of that house. The recession hit and the real estate market was not doing what it was supposed to do, so instead of selling it, I rented it out. Then the rental market slowed down, too. So I asked myself, ‘Should I keep this house when no one is buying it or renting it?’ If I can’t sell it, recoup my money or have anyone rent out the property, then why would I keep it? So I decided to let it go to foreclosure last year.


On the repo:
That car was not repossessed,” she explained. “I got into an accident with my new Porsche truck and totaled it. Eight days later, I got the Camaro to hold me over until the insurance company sorted out the accident and I figured out if I wanted to get another Porsche truck or whatever. When I bought the car, I did enough (paperwork) to drive it off the lot. There were other documents they needed to complete the sale and I was sending those over. The person in charge of the remaining documents was not at work when I sent them, so that’s how everything got mixed up. It was nothing that I did. Besides, how can the car be repossessed if I just bought it? It wasn’t due for a payment, so how can I be late enough for it to be repossessed?


SN: I'm not saying she is a lier, just that she's lying.... she know damn well them crime mob albums not saying anymore..... 
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