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According to TMZ, the "Cherry Wine" singer just lost his Georgia home to foreclosure. Official records state that Nas purchased the 3,500 square foot two-bedroom, three-bath house in 2004 for $585,000.
But SunTrust Bank allege that Nas defaulted on the payments, and still owes $507,000 on the property. TMZ states that the bank foreclosed on the property and sold it to the highest bidder at a public auction last month for $348,500.
The rapper from Queens, N.Y., has yet to comment.
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