“Real Housewives of Atlanta” and “Don’t Be Tardy” stars Kim Zolciak and Kroy Biermann are currently going through a nasty divorce amidst numerous other financial issues. Back in February of this year, a few months before they filed for divorce, it was revealed that the couple was facing foreclosure on their Milton, Georgia mansion. In August, Biermann filed for legal permission to sell the mansion in order to pay off numerous tax debts.
Finding a buyer at that price would be good news for both Zolciak and Biermann, as well as their creditors and the IRS.
The Zolciak/Biermann divorce has shaped up to be a very contentious one, with Biermann accusing Zolciak of driving the family into “significant debt” and “financial devastation” with reckless spending and gambling. They managed to stave off foreclosure on the mansion for a while by making their mortgage payments, but it was reportedly scheduled for foreclosure auction sometime in December. They got a temporary reprieve on the foreclosure.
In addition to their mansion sale, Kroy is also facing pressure from BMW related to a Rolls Royce car lease. In November 2023 it was widely reported that BMW, the company through which Kroy leased a $400,000 Rolls-Royce, had filed a legal request to repossess the car. BMW sued Kroy five months earlier claiming he had missed a number of payments on the car. Kroy allegedly missed $190,000 worth of payments dating back to September 2022.
Kim and Kroy bought the 16,000 square foot mansion in 2012 for just $880,000. They originally listed it for sale in October for $6 million. They lowered the asking price by $500k, to $5.5 million, on December 19. And today, January 18, they lowered it by another $1 million, to $4.5 million.
(Photo by Paras Griffin/Getty Images)
It’s a pretty nice piece of property at any price, with seven bedrooms and 11 bathrooms, plus a host of amenities like a home movie theater, gym, wine cellar, and even a video arcade, plus the obligatory swimming pool outside. An official listing for the property goes on:
“The separate area above the garage has a 2-station salon with a full bathroom. This could make a perfect separate au pair suite, guest suite or office space. Spend time outdoors on the covered veranda overlooking the private, heated pool and spa, the in-ground trampoline, the turf area or Sport Court. Enjoy lake and golf views as well as incredible privacy. The property also includes a porte cochere and a six-car garage with room for lifts to store 8 cars. No detail was overlooked during the building and customization of this home!”
Here is a video tour of Kim and Kroy’s Atlanta mansion:
Read More: World News | Entertainment News | Celeb News
Celebrity Net Worth
