Prince’s Estate Removed From Auction, Little Red Corvette Safe For Now


In case you’re wondering what it sounds like when doves cry, it’s pretty similar to the sound of heaving sobs on top of a ringing phone as the Bank of New York Mellon Trust Co. calls about your home loan. Earlier today RadarOnline reported that Prince‘s estate was in foreclosure after the singer fell $368,000 behind on his mortgage. You don’t have to be rich to be his girl, but you have to get used to taking the bus.

Despite claims from Prince’s management that the Chanhassen, Minnesota property has been paid off, the Carver County Sheriff’s Department says the property was still set to be auctioned off May 13. Luckily the singer’s representative Kiran Sharma announced today that Prince’s house was removed from auction after the outstanding mortgage was paid. These last-minute financial rescues might explain why The Artist Formerly Known As The Artist Formerly Know As Prince is currently performing a grueling run of 21 consecutive shows in Los Angeles….

[Photo: Splash News Online]

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