Exclusive
TMZ.com
Mama June should be kicking herself in the ass for the not-so-brilliant deal she struck to sell her house — a cash deal worth just a fraction of the home’s market value.
Sources with direct knowledge tell TMZ … June handed over her keys to some investors in August for just 6 figures. That’s a shocking loss, considering she bought it in 2014 for $156k, and it had been appraised in 2018 at $150,300.
You don’t have to be a math whiz to know June took a bath, but what’s really shocking is SHE set that dirt-cheap discount price!!!
Our sources say Mama June was approached by a group of real estate investors who’d heard through the grapevine she wanted to sell. We’re told June informed them the place could be theirs for the nice round price of $100k.
Of course, they quickly agreed, paid a $2,500 down payment and let escrow take care of the rest. BTW, this was a CASH transaction.
Of course, the place underwent some serious renovations — we’re told the new owners poured $30k into the place, and now it looks really nice.
Here’s what’s really gotta sting, if you’re June … the house is now being listed for a whopping $225k.
Last we heard, June and her BF, Geno, are in the market for an RV to hit the open road.
It’s just the latest in a number of troubling signs that Mama June is in a downward spiral from which, her family worries she won’t recover.
Kanye West is saying sayonara to Yeezy's longtime Chief of Staff in what appears to… Read More
Getty Images On Tuesday morning, Kerry Washington hit the 2024 ABC Upfront to talk about… Read More
Hailey Bieber is showing off her baby bump loud and proud after announcing she's expecting… Read More
Getty Images “Beef” star Maria Bello is married! Over the weekend, Maria tied the knot… Read More
King Charles proudly unveiled the first official portrait of himself since his coronation last year… Read More
Getty Images On Tuesday morning, Quinta Brunson hit the ABC Upfronts to promote her hit… Read More