Amid their ongoing divorce, Kroy Biermann wants to sell his and Kim Zolciak’s Alpharetta, Georgia, mansion.
The 37-year-old filed paperwork to put his and estranged wife Kim Zolciak‘s $3 million home on the market in hopes of offloading it quickly.
“He is asking that the court order the house to be placed on the market and hopefully sold immediately,” Kroy Biermann’s lawyer, Marlys A. Bergstrom, said in a statement to Us Weekly on Thursday, August 31. “If the court orders it, then the court can enforce the order. It is taking control out of the hands of the parties. And this is exactly what needs to be done at this point.”
Kroy Biermann has requested that the court put his and Kim’s home up for sale. He has also requested that proceeds of the sale “be placed in escrow.”
“The mortgage on the marital residence is held by the financial institution, Truist, and is held in Petitioner’s name alone. The names of both parties appear on the property deed. Over the course of the marriage, the parties have incurred significant debt. The parties faced foreclosure proceedings in February 2023,” Kroy explained.
He said, “The marital home was set to be auctioned on March 7, 2023. In just the nick of time, the parties were able to avoid foreclosure, and the home was taken off the auction block. An agreement was reached with Truist, that placed the parties on ‘foreclosure probation’; if the parties made their mortgage payments every month for three months, the unpaid amount would be placed at the back of the loan and foreclosure again avoided.”
The court documents explain that their home was initially going to be auctioned off in March as the former Real Housewives of Atlanta couple faced foreclosure proceedings the month prior. The couple was able to “avoid foreclosure,” and the scheduled auction was canceled.
Kim and Kroy came to an agreement with the financial institution Truist. The agreement stated that if they successfully made three months of their mortgage payments, the unpaid amount would be added back on the loan, and the foreclosure would be canceled.
Thanks to Kroy, the estranged couple “held off the commencement of foreclosure proceedings” by making timely mortgage payments in May and June. However, the former NFL star’s lawyer says Kroy is struggling to pay the mortgage once again after the “financial devastation” Kim “has wrought upon the family.”
“Every month, Petitioner struggled to find the money to pay the mortgage. He sold some of his designer backpacks and other personal items. He begged [Kim] to sell some of her purses to help make the payments, but she refused, stating the purses were “hers,” and she was not going to sell them,” Kroy’s lawyer explained.
The lawyer added, “Ironically, she has been selling purses, hers and her daughters’ and other high-end fashion items, including her infamous wigs. However, none of the funds garnered from the sale of these items have gone towards the mortgage or any other bills. The parties failed to make the July mortgage payment, and they are again facing foreclosure. “
In the filing, Kroy noted that he and Kim were hit with a $1.1 million tax lien as well as various other lawsuits over unpaid credit cards and debts.
“The parties’ financial situation is dire and will soon dramatically affect the well-being of the four minor children. Petitioner finds himself trying to cobble together enough money to pay the $2,000 electric bill. Meanwhile, Respondent flew to Los Angeles for some rest and relaxation,” Kroy’s lawyer added.
Kroy also alleged that Kim refuses to accept their financial issues or take any responsibility for “her role in creating it.”
His lawyer said, “Throughout the marriage Respondent spent hundreds of thousands of dollars on online gambling, shoes, purses, clothes, wigs, and wine. Whatever money she does win, borrow, or earn from the sale of her purses, is funneled right back into maintaining her persona of a glamourous woman living a lavish lifestyle.”
“There is no doubt that the parties must reside in separate residences for the sake of the children,” Kroy’s lawyer stated, noting that Kroy is the main caregiver for his and Kim’s four minor children as he takes the kids to school and their activities.
He added, “Living in a home with no electricity or running water would certainly be detrimental to the minor children.”
Stay tuned for more on this developing story.
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Source: Radar Online
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