Rapper Jim Jones’ home sold for $100 after failure to make payments

NEW JERSEY- Rapper Jim Jones is not having a great month.

Jones was reportedly sued by the U.S Bank Association back in 2017 for failure to make mortgage payments on the home for a 7 year period. He allegedly owed $1.2 million, although the home was valued at $680,000. Yikes.

Jim Jones’ former New Jersey

Maybe this is why the rapper has just signed up for ANOTHER reality show, as he’s returning back to ‘Love & Hip Hop: New York’.

Jones made an agreement to make payments, but didn’t and his account went into default, selling the home in a Sheriff’s sale for $100.

Rapper Tekashi 6ix9ine, who has been cooperating with prosecutors in his racketeering case, told them that Jim Jones is allegedly a Nine Trey blood member.

 

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