Bank Forecloses On Eazy-E's Infamous Party Mansion After His Wife Falls Behind On Payments

 

When West Coast rapper Eazy-E passed away in 1995, he left behind a 6,700 square-foot mansion. Famous for it's all-night parties filled with plenty of females, the home was the ultimate party palace. The crib had 5 bedrooms, 6 bathrooms, a black room with fluorescent pillows and a neon sign that read "Eazy's Playhouse." 


Unfortunately the home, which was inherited by Eazy's wife, Tomika Wright, was foreclosed on according to recently released documents obtained by TMZ.

 

 

Tomika, who also took ownership of her late husband's Ruthless Records, had been making the mortgage payments, but fell behind in 2011 to the tune of $168,278.78 and was never able to catch up.

 

The home was sold at a foreclosure auction in May for $2.2 million.

 

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Tags: After, Bank, Behind, Eazy-E's, Falls, Forecloses, His, Infamous, Mansion, On, More…Party, Payments, Wife

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Comment by Big Reed1 on October 1, 2012 at 8:49pm
So what they sayen is this house was never paid for, or paid off. Waste of mortgage money.
Comment by SMP on October 1, 2012 at 6:07pm
Some people are dumb as hell.
Comment by SMP on October 1, 2012 at 6:06pm
Dior clearly meant the ones who owned the property after he died you idiots, it's clear that Eazy E didn't plan on dying therefore it's not his fault that the bank forecloses his house. DUH!
Comment by DiorLetsGo on October 1, 2012 at 2:37pm
@diorletsgo @greebuh you guys seem to be some sort of retards. Dior I dont know who "these" poeple are but if your talking about EAZY, he DIED before he could finish paying it off maybe?? eazy wasnt planning on dying. His wife kept the property instead of selling it. Shes retarded.\
@kluemination You fail to realize that Easy-E died ions ago....Making a choice to give up the property, or staying ahead of the payments should have been the #priority.......How much longer was it going to take to realize that the property was a burden? Please don't call me names, you're comment makes you no different from what the name that you called me.
Comment by Tony Snow on October 1, 2012 at 1:37pm
Dumb bitch why would she let that house go outta all houses
Comment by richard allan on October 1, 2012 at 12:50pm
those of you that think that celebs should pay their homes off don't fully understand the tax code to individuals at that level. it's not in their best interest to pay off homes because they need the interest write offs. The only time it makes sense is when you're generating revenue in the hundreds of millions. then the real property falls into a portfolio with other real property items that can be placed in a trust over seen by a trustee. this is how generational wealth is established because the law can't tell the trust how the property can be transferred. it's established from day one so death and divorces don't cause problems for anything in the trust. Most singers and actors rent homes like this because while they are making a lot of money in the short term, they can't predict if they will be hot in 10 years and rentals and leases can offer 100% write offs under the correct statutes. Easy didn't have the funds available at the time of his death to pay off the mortgage on this home or if he did have the funds, the mortgage may have taken all of the funds and placed him in a financial bind so it may have been better at the time to continue paying monthly for the home instead of paying it off. For those of you that believe that owning a home outright is the be all, end all solution......I would recommend that you study more because it's not. It's simply a tax shelter for most and a perpetual money pit as they age.
Comment by kluemination on October 1, 2012 at 12:25pm
@diorletsgo @greebuh you guys seem to be some sort of retards. Dior I dont know who "these" poeple are but if your talking about EAZY, he DIED before he could finish paying it off maybe?? eazy wasnt planning on dying. His wife kept the property instead of selling it. Shes retarded. @gree just because he didnt buy the house cash and paid it off the minute he bought it, doesnt mean he didnt have the money. He died, i'm sure he wasnt on planning to die when he bought the house. How the fuck did he not pay that shit off? HE DIED BEFORE HE COULD. HE WASNT PLANNING ON DYING. THATS HOW YOU DONT PAY IT OFF.
Comment by greebuh on October 1, 2012 at 11:53am
Almost 20 years later and DEAD and that fool was still somehow living beyond his means. WTF, fake ass rapper. How the fuck did he not pay that shit off?
Comment by Sufferahsmusic Media Prod on October 1, 2012 at 11:33am
yeah wheres the mason brothers when his woman need soem help...
Comment by Tony Viera on October 1, 2012 at 11:08am
RIP Eazy

 


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