Chad Ochocinco Facing Foreclosure on Miami Condo
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Chad Ochocinco's current situation seems to just keep getting worse. First, he was arrested for domestic violence against his wife, then he was dropped from the Dolphins and served divorce papers, and now it seems that he's in jeopardy of losing his Miami condo to foreclosure.
Court documents revealed that Ochocinco hasn't paid the monthly $863-maintenance fees on his $400,000-16th floor crib at Two Midtown Miami since 2009. He's currently behind $28,703 in paying the fees, and the building reportedly told Ochocinco to pay up or face foreclosure on the condo.
GossipExtra revealed that Chad received a $150,000 mortgage from two Palm Beach County investors, Michael Pomerantz and well-known dermatologist Patrick McPoland, and has until 2015 to pay it back.a
Source: globalgrind.com
