Terrell Owens Narrowly Escapes Forclosure

In the wake of his financial troubles Terrell Owens took another blow when his Dallas condo sold for $350,000 less than what he bought it for.

Terrell paid $1.95 million for his 3,559-square foot Dallas condo back in 2008, but after the real estate collapse he was forced to sell the condo for $1.6 million.

Terrell was able to get a short sale on the condo, meaning the bank agreed to take less money than what's owed on the loan, helping him to avoid foreclosure on the home.

Check out photos of the Dallas condo Terrell parted with:

Source: tmz.com