Fantasia Hands Her Home Over to the Bank

News

By: / April 28, 2013

The same week Fantasia Barrino dropped her fourth studio effort Side Effects of You, news that the former American Idol contestant also dropped the keys of her North Carolina mansion off at the bank has surfaced.

Instead of going through the foreclosure process, Barrino decided to hand over her home to her mortgage lenders back in February.

Tasia bought the home for more than a million dollars, and tried to sell it for as little as $800,000. Despite lowering the price, the “Bittersweet” singer could not sell it on the market, so she opted to just transfer the deed to the bank. As she sings on her new LP’s single, “Sometimes you gotta lose to win again.”