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Thursday, December 16, 2010

Law and Order: Dr. J's House in Foreclosure?

TMZ reports that the NBA legend Julius Erving is about to lose his 6,700 sq. ft. house in Utah, because of foreclosure.

Dr. J and his Utah home
The house, which the former basketball star has been trying to sell for over a year, went into pre-foreclosure last month after Dr. J defaulted on his loan.

Erving said the house is "substantially underwater", meaning he owes more than it's worth.

The house, which is located in St. George, Utah, is worth $2.23 million, according to Foreclosures.com.