OJ Simpson owes the bank nearly $900,000 and his $500,000 Florida mansion, where he has stayed for nearly a decade, is set to be sold at foreclosure auction.
The NFL star stopped paying for his mortgage in 2010 that left him owing the bank nearly $900,000, including the $660,000 principal fees, interests and court costs.
He also has unpaid property taxes worth $42,000 and insurance premiums worth $43,000.
A judge of Miami-Dade County signed off the deal, two years after JP Morgan Chase filed to foreclose his four-bedroom four-bathroom home in Kendall. The bank will temporarily take possession of the house before it will go into an auction online on October 29, 2013.
Simpson purchased the 4,334-square-foot house in 2003 for $575,000 but was financially destroyed after being accused of murdering his ex-wife Nicole Brown and her friend Ronald Goldman in 1997. He was found not guilty but was ordered to pay $33.5 million for being liable for the wrongful death of Goldman.
The controversial 66-year-old athlete is still behind bars after being convicted of armed robbery and kidnapping in Las Vegas in 2008.
- Ad Free Browsing
- Over 10,000 Videos!
- All in 1 Access
- Join For Free!