Kim Zolciak It is Kroy Biermann may be out soon – the lender is letting you know loud and clear that they plan to foreclose on your home…unless they take some action in court.
According to new legal documents, obtained by TMZ, Truist Bank lawyers have sent a clear and decisive message to Kim and Kroy — as well as the court — and say they are finally ready to retake ownership of their Milton, GA mansion.
Atlanta Fine Homes Sotheby’s International
According to the paperwork, Truist is giving notice that it plans to begin non-judicial foreclosure proceedings on or after May 3rd… which will literally happen in a few days. This doesn’t necessarily mean that Kim and Kroy have to leave by that date – but that’s certainly when the ball officially starts on the legal side of things.
Remember, Truist filed documents in early January that emphasized its right to foreclose on the crib — but the case ended up being moved to inactive proceedings.
Now, Truist is warning Kim and Kroy that the foreclosure will move forward…unless they wake up and take the fight back to court.
You may remember… Kim and Kroy were actually trying to sell this house before foreclosure could occur – they put the property up for sale in October for $6 million… but have had to reduce the price a few times since then. there were no buyers.
The house is still technically for sale and is currently listed for $4.5 million. For now, though, it appears that no one is biting – and it appears that Truist is ready to take over the sale process to perhaps cut its losses and move on.
Selling the house has been a major necessity for the estranged couple — who, incidentally, are still embroiled in a nasty divorce — and we know that Kroy was asking for the house to hit the market months early. Eventually, Kim got on the same page and they put it up for sale.
We’ve reached out to Kim and Kroy’s camp…no response yet.