Monday, December 27, 2010

Diamond Responds to Foreclosure DRAMA!!!


If you've been reading our blog, then you know that Diamond and Lil Scrappy are in some financial trouble. Recently, their house went into foreclosure. Yup, it was that bad!!

Well Diamond just released a statement responding to all the gossip that she and her bbd are broke.

Here's what she said:

"It was a business decision, plain and simple. I bought that house in ’02. It was a house I did live in at the time for about a year. But then I got into other rental properties and flipping my money and moved out of that house. The recession hit and the real estate market was not doing what it was supposed to do, so instead of selling it, I rented it out. Then the rental market slowed down, too. So I asked myself, ‘Should I keep this house when no one is buying it or renting it? If I can’t sell it, recoup my money or have anyone rent out the property, then why would I keep it? So I decided to let it go to foreclosure last year.

“People do it all the time. Donald Trump does it. If a person can’t understand that, then they’re stupid"


Here's what the Urban Cafe thinks about Diamond's statement:


LOL. I can't. Girl, please! I KNOW you're not trying to tell us that you planned to let your house go into foreclosure!!!

Why can't folks just admit when they're strugglin? You aint gotta lie to kick it!

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