Thursday, May 2, 2024

Kim Zolciak-Biermann Saves Georgia Mansion from Foreclosure Auction

Kim Zolciak-Biermann
Kroy Biermann and Kim Zolciak-Biermann are seen arriving outside the Post Malone concert at State Farm Arena on October 18, 2022, in Atlanta, Georgia. (Photo by Paras Griffin/GC Images)

*Reality TV star Kim Zolciak-Biermann has saved her Georgia mansion from being sold at an auction next week. 

According to Entertainment Tonight, the reality star and her husband Kroy Biermann will no longer lose their family home after it was reportedly set to be auctioned off on March 7.

“The couple has taken the action to clear this up,” a source close to Zolciak-Biermann told PEOPLE.

The auction was reportedly called off last week. Truist Bank had the authority to “negotiate, amend or modify all terms of the loan,” the public notice said.

READ MORE: Kim Zolciak-Biermann to Lose Georgia Mansion to Foreclosure

We reported previously that Kim and her ex-NFL star husband were on the verge of losing their $2.6M mansion because they “failed to pay back” a $300K loan, The Sun reported.

Per the report, the home was foreclosed upon “because of, among other possible events of default, failure to pay the indebtedness.”

The couple allegedly fell behind on mortgage payments after Bravo canceled Kim’s reality series “Don’t Be Tardy.” 

Zolciak-Biermann reportedly purchased the five-bedroom, 6.5-bathroom mansion in December 2013 for $880,000. According to Redfin, the 9,407-square-foot property is valued at $2.5 million, while Zillow estimates it’s worth $2.8 million.

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