By Carolyn Manrique
May 3, 2024, 11:32 AM EDT
Nothing seems to be improving for Kim Zolciak and Kroy Biermann, since their mansion in Georgia is still at risk of being repossessed and it has become impossible for them to sell it.
New documents were recently presented to the court handling the case of the separation of the television personality and the former American football player. This new document is rather a wake-up call to the couple by Truist Bank’s legal team.
‘TMZ’ accessed the new documents, so they have been able to report that Truist Bank is going to begin a non-judicial foreclosure procedure starting May 3. They do this five months after having presented documents to a judge alleging that they had the right to foreclose on the house.
Since January until now, the case seems to have remained an inactive file, but what the bank wants is for the case to be discussed again in court. They imply that if that happens they would stop the foreclosure procedure that they have announced.
It should be noted that during all these months the couple who fell into economic disgrace have tried to sell the residence, but they have not been able to do so.
Zolciak and Biermann’s decision to sell the house was always related to avoiding foreclosure.
The 9,000-square-foot mansion first hit the real estate market during the second half of last year, at which time they were expecting to fetch $6 million.
However, the lack of interested parties made the couple – now separated – decide to lower the sale price to $5.5 million dollars. The residence is currently believed to be available for $4.5 million.
In parallel, the television personality and the athlete continue to argue about their divorce, although no new information has been shared recently on the subject.
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