Kim Zolciak’s ex-husband Kroy Biermann is now seeking to force the sale of their Georgia mansion without the former RHOA star involved as foreclosure on their property looms.
In legal documents obtained by TMZKroy has sought court approval to grant him the power to force the sale of his home without Kim’s intervention as the clock ticks on the future of his property.
Kroy, 38, claims the home is set to go into foreclosure in October and that his ex-wife has refused to accept offers on the property and has been spending lavishly despite her financial troubles.
The couple recently reduced the price of their home to $3.95 million and Kroy claims they received an offer for $3.5 million that Kim, 46, has refused to consider.
Kim reportedly won’t accept any offer for less than $3.85 million, even as her household continues to be plagued by money problems.
Kroy Biermann seeks permission to sell his Georgia mansion without Kim Zolciak’s intervention as his home nears foreclosure
Kim reportedly won’t accept any offer for less than $3.85 million despite her serious financial problems
Kroy cites a $1.32 million lien the IRS has taken on the mansion, $2.2 million owed to his mortgage lender and a $250,000 lien on a home equity line of credit.
All this in addition to three attorney fees.
Even with her serious financial problems, Kroy claims Kim won’t accept the $3.5 million offer, and the reality star is worried the sale won’t allow her to buy a new home.
In the documents, Kroy says Kim’s “rallying cry against poverty is falling on deaf ears” as she has been spending heavily on various luxuries.
Kroy alleges that her ex buys $400-a-case bottles of wine and spends the money lavishly on clothes, plastic surgery, online gambling and frequent nights out.
The home is set to go into foreclosure in October and the former NFL player says he is responsible since his name is on the mortgage. He fears his credit will be reduced if foreclosure occurs.
Kroy has asked the court for permission to sell the mansion at an appropriate price without any intervention from his ex-wife.
He is seeking to have her removed from making any decisions about the sale of the home and has requested an emergency hearing before he loses potential buyers.
Even with her serious financial problems, Kroy claims that Kim will not accept the $3.5 million offer, as the reality star is worried that the sale will not allow her to buy a new home for herself.
The update comes several months after the duo managed to temporarily delay foreclosure on their $4.5 million Georgia mansion after reaching a settlement with their bank.
The move gave them time as they looked to sell the luxurious residence.
Truist Bank, the duo’s lender, agreed to halt foreclosure proceedings on the home for the next 90 days, according to court documents obtained by TMZ in June.
This allows the ex-couple to sell the house without losing it to the bank.
If the duo is unable to sell the home and pay Truist Bank by August 26, the bank will be able to restart the foreclosure.
The update comes several months after the duo managed to temporarily delay foreclosure on their $4.5 million Georgia mansion after reaching a settlement with their bank.
The documents also state that the former couple will not be able to stop a potential foreclosure if they fail to pay the bank before the deadline.
The former couple announced their divorce last year and their financial and relationship problems have been in the news for some time.
