Terrell Owens condos scheduled for foreclosure sale
Two condos in the Dallas area owned by Terrell Owens are scheduled for public foreclosure sale on March 6, according to RealtyTrac.
The former NFL star who now plays for the Indoor Football league has experienced some well-documented financial problems as of late, including being saddled with several houses and condos that soured as investment properties after the housing market crash. According to this article in GQ magazine's February issue, although none of his properties were "terribly lavish" on their own, all together they were costing T.O. almost $750,000 a year in mortgage payments.
If the auction goes through on March 6, it appears Owens will have two fewer mortgage payments to worry about.
Owens is scheduled to make his debut playing for the Allen (Texas) Wranglers, which he also co-owns, against the Wichita Wild on Saturday.