Don’t Be Tardy The Real Housewives of Atlanta - RHOA

Kim Zolciak’s $2.6M Mansion Allegedly Sold At Auction For $257k After Going into Foreclosure

WATCH WHAT HAPPENS LIVE WITH ANDY COHEN -- Pictured (l-r): Kroy Biermann and Kim Zolciak-Biermann -- (Photo by: Charles Sykes/Bravo/NBCU Photo Bank via Getty Images)

Ooops, looks like Kim Zolciak was tardy to the party!

The Real Housewives of Atlanta alum’s Alpharetta home was allegedly sold at auction on Tuesday, November 1.

The $2.6 million Alpharetta mansion Kim shares with her husband, Kroy Biermann, sold at auction on Tuesday for $257,000.

The outlet Bravo and Cocktails reports: “The bid is in. $257,000 is what the former housewife’s house was auctioned for today.”

As we previously reported, a Notice of Sale Under Power was filed after Kim and Kroy “failed to pay back” a $300,000 loan taken out on the property in December 2013. This loan was the couple’s second mortgage on the property. They acquired a $1.65M mortgage in November 2012. That first mortgage seems to be up to date, per county records. It’s unclear why the couple is paying their first and larger mortgage but not their second.

Per county records, the couple modified their second loan at least once in 2018 to help lower the payments.

Kim and Kroy’s home is valued at $2,535,285. The home sits on Manor Golf & Country Club and boasts five bedrooms, and six-and-a-half bathrooms, totaling 6,907-square-foot of living space.

According to some fans, Kim went on Instagram Live on Tuesday, denying claims that her house was auctioned off after falling into foreclosure. Kim reportedly denied being broke, saying that she was broke she would sell all her cars and that the news would have been on TMZ.

The Real Housewives of Atlanta will return to Bravo in mid-2023.

Thoughts on this all? Sound off below!

Follow AllAboutTRH On Instagram.
Follow AllAboutTRH On Twitter.
Like
AllAboutTRH On Facebook.

AllAboutTRH Podcast