The Biermann bunch is staying put in their Georgia mansion.
Kim Zolciak-Biermann and her husband, Kroy Biermnann, have worked out a deal to keep their Alpharetta mansion, according to PEOPLE.
On Friday, a source close to the former Real Housewives of Atlanta stars told PEOPLE:
The couple has taken the action to clear this up.
Likewise, the law office of Brock & Scott, PLLC confirmed to Entertainment Tonight that the auction on the Biermann’s home was canceled.
This update comes nearly a week after it was revealed that the former Don’t Be Tardy stars’ multi-million dollar home was in foreclosure.
Last week, Fulton County released a notice that Kim and Kroy’s home had fallen into foreclosure after they defaulted on $1.65 million loan. The home was set to be auctioned off on March 7.
Despite the possibility of losing their home, the Biermann family went about their business.
Instead of addressing the reports about her home, Kim flaunted her mansion on Instagram.
On the other hand, Kim’s oldest daughters, Brielle and Ariana Biermann, called the allegations “crazy” and that it was all a big “misunderstanding.”
“Don’t believe everything you hear,” Ariana told TMZ. She then noted, “Everything is still there. We all live there.”
Thoughts on this all? Sound off below!
Kim Zolciak-Biermann’s home was facing foreclosure due to financial issues or default on mortgage payments, which led to the lender taking legal action to reclaim the property.
The foreclosure auction of Kim Zolciak-Biermann’s home on March 7 was cancelled because the outstanding issues related to the foreclosure were resolved in time, which prevented the property from going under the hammer.
As of now, yes. Since the March 7 auction was cancelled, it indicates that the foreclosure issue has been resolved, and the home is no longer at risk of being auctioned. However, it is essential to keep up with any further updates from official sources to ensure the property remains safe from foreclosure.