Seven-time Grammy winner Prince almost made it to the growing list of celebrities who have been foreclosed on. However, according to foreclsoure.com, he avoided losing his home by paying his bank a lump sum payment of $368,000. This equates to all of the delinquent payments he “forgot” to pay on his 20- acre Minnesota home. What surprised me the most when I read this article wasn’t that the Pop- Music- Icon was able to simply cut a check for more than $350,000. After all, he has the money— he’s Prince. I’m most curious about what prevented him from paying his mortgage in the first place. Last time I checked, a home loan is a pretty hard thing to forget about. Keep in mind, he probably has several assistants working for him; and they even forgot!
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