Stephon Marbury loses home at foreclosure auction

http://twitter.com/#!/AlineParinggih/status/186461199318257664

Isn’t it amazing how millionaires always end up poorer than the average poor person?

From TMZ:

According to new court docs, obtained by TMZ, Stephon owed $3.1 million on the 7-bdrm 8-bath 8,000 sq. ft. L.A. property — and the house was just sold to a lucky buyer for $2.275 million.

The docs don’t say whether the bank plans to go after Marbury for the balance — or if this settles his debt.

At least Mr. Marbury will never go hungry. We’re sure he’ll always be able to afford some tasty Vaseline.

Read more: http://twitchy.com/2012/04/01/stephon-marbury-loses-home-at-foreclosure-auction/