RHOA alum Kim Zolciak’s $2.8M mansion ‘put on auction block’ after she fails to pay back $1.6M loan in foreclosure case

   

REAL Housewives of Atlanta star Kim Zolciak-Biermann's $2.6 million Georgia mansion is reportedly up for auction again.

 

It has been claimed that a new notice was filed with Fulton County Records on February 8 by Truist Bank, formerly known as SunTrust Bank, after Kim's property dodged a sheriff sale back in November 2022.

Real Housewives of Atlanta star Kim Zolciak-Biermann's $2.6 million Georgia mansion is reportedly up for auction againCredit: Bravo

Kim posing inside her lavish 7,186 square ft. Georgia mansion recentlyCredit: Instagram/kimzolciakbiermann

All About The Tea has reported that there is an outstanding loan amount of $1,650,000.00, plus taxes and fees.

According to Fulton county records, Truist Bank began the foreclosure proceedings on Kim's 7,186 square ft. home back in August 2022 and they now plan to auction off the property next month.

A notice of Sale Under Power states that the 6.5 bathroom, 5 bedroom home will be placed on the auction block and will be sold at “public outcry to the highest bidder" for cash before the courthouse door of Fulton County, Georgia, within the legal hours of sale on March 7, 2023.

"The debt secured by said Security Deed has been and is hereby declared due because of, among other possible events of default, failure to pay the indebtedness as and when due and in the manner provided in the Note and Security Deed," the court documents stated.

"The debt remaining in default, this sale will be made for the purpose of paying the same and all expenses of this sale, as provided in Security Deed and by law, including attorney’s fees (notice of intent to collect attorney’s fees having been given)."

All About The Tea reported that the legal records state: "Said property will be sold subject to any outstanding ad valorem taxes (including taxes which are a lien, but not yet due and payable), any matters which might be disclosed by an accurate survey and inspection of the property, any assessments, liens, encumbrances, zoning ordinances, restrictions, covenants, and matters of record superior to the Security Deed first set out above."

Legal documents obtained by The U.S. Sun last year showed that Kim, 44, and her ex-NFL star husband Kroy Biermann had "failed to pay back" a $300K loan after their TV show Don't Be Tardy was canceled.

RHOA star Kim and Kroy's home was foreclosed upon "because of, among other possible events of default, failure to pay the indebtedness".

According to legal documents, Kim and Kroy purchased the home in December 2013.

Kim often gives her 3.3 million Instagram followers a sneak peek at the property via her posts.

The mansion is situated on the Manor Golf & Country Club property on the 18th hole near a lake.

There is a main bedroom on the main level and four additional bedrooms upstairs.

Her sprawling kitchen boasts plush wooden floors, marble countertops, and a huge stove as well as very fancy wallpaper.

Kim's lavish home is just as impressive outside and has a basketball court, a sprawling swimming pool, and a spa, as well as a waterfall.

There's plenty of space for Kim and her family and friends to sunbathe thanks to the red sun loungers and matching garden furniture.

As well as a huge driveway, the property also boasts a six-car garage.

Kim and her ex-NFL star husband Kroy Biermann allegedly "failed to pay back" a $300K loan after their TV show Don't Be Tardy was canceledCredit: Instagram/ Kim Zolciak

Kim's sprawling kitchen boasts plush wooden floors, marble countertops, and a huge stove as well as very fancy wallpaperCredit: Instagram

According to Fulton county records, the huge property will be put up for auction on March 7, 2023Credit: Bravo