Did you buy a house in 2006 at the top of the housing bubble? You still living in that house? You paying on a house that’s $3mm underwater? Would you blame Santana Moss if he quit paying on his house near Ft. Lauderdale? Not us. Dude has to be careful with his cash. Losing that house doesn’t mean much. But, it’s another thing that the IRS wants money Moss seems to owe them.
That’s a double whammy for a dude who got a $5mm signing bonus last summer.
As for the pad that he bought in 2006, he’s been trying to sell it since May 2011. Now, the South Florida Business Journal says the bank is coming to get paid.
So it is surprising that Duetsche Bank, representing a mortgage-backed securities (MBS) trust, would allege that Moss has gone into default on a mortgage issued for $3.64 million in 2006.
Further compounding his trouble, the IRS filed a $258,017 tax lien in November in Broward County Circuit Court against Moss. It concerned his taxes from 2006.
Sad times for these athletes. If they can’t pay their bills, who can?
Highlights Of Santana Moss’ South Florida Pad:
• 6 bed, 6 bath
• 9,300 sq. ft.
• Great view, great pool
• $52,000 per year for taxes
Asking price: $2,300,000