Reality stars Kim Zolciak and Kroy Biermann's Georgia mansion receives foreclosure date

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• Barbra Streisand bluntly asks slimmed-down Melissa McCarthy about Ozempic use in 'boomer' Instagram comment
• Related: Inside Kim Zolciak and Kroy Biermann's Messy Divorce, Custody Battle
• ‘Housewives’ star Porsha Williams divorcing Simon Guobadia after 15-month marriage
• Kim Zolciak and Kroy Biermann’s Home Is In Danger of Foreclosure Again
• Briana Gives a Full Look Inside Her Serene Bedroom (PICS)
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Never miss a story — sign up for PEOPLE's free daily newsletter to stay up-to-date on the best of what PEOPLE has to offer, from juicy celebrity news to compelling human interest stories. The Real Housewives of Atlanta alum, 44, and her husband, former NFL player Kroy Biermann, 37, defaulted on a $1.65 million loan they took out on their Alpharetta, Ga. mansion, according to a notice shared last week by Fulton County. Truist Bank plans to auction off the property on March 7 in front of the Fulton County Courthouse. A notice shared by Fulton County at the time stated that the couple had defaulted on $1.65 million loan they took out on the property. Truist Bank planned to auction off the property on March 7, 2023, in front of the Fulton County Courthouse. Kim has insisted since news of the foreclosure notice broke that the situation was a "misunderstanding" with the bank, a source previously told PEOPLE.

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It doesn't necessarily mean Kim and Kroy have to be out by that date -- but that's certainly when the ball gets rolling officially on the legal side of things. According to new legal docs, obtained by TMZ, Truist Bank's attorneys sent a clear and decisive message to Kim and Kroy -- as well as to the court -- and they say they're finally ready to take back ownership of their Milton, GA mansion. They originally listed the home for $6 million in October 2023 but reduced the asking price by $500,000 a few months later due to lack of interest. The couple bought the home on the 18th hole of the Manor Golf & Country Club for $880,000 in 2012, right after they got married and before Kroy Biermann in 2013 adopted Zolciak’s two daughters, Arianna and Brielle, from her first marriage.

Related: Inside Kim Zolciak and Kroy Biermann's Messy Divorce, Custody Battle

A source exclusively tells PEOPLE that The Real Housewives of Atlanta star "has expressed to friends she is ready to move on and wants to find a man willing to finally pull his weight." But until then, she is focusing on the divorce process. After joining ‘Real Housewives of Beverly Hills’ in 2014, Lisa Rinna will depart the beloved reality series. As far as their living situation, a source confirmed to PEOPLE earlier in October that the pair are "still under the same roof" even after police had previously been called to the home.

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In January, we reported that Kim and Kroy were disputing with the bank over the home. Kim and Kroy were still hoping to sell the house at that point (and probably still are). So, since Kim and Kroy defaulted on their mortgage, the bank is within their rights to take the house and cut their losses. Due to their mounting debt and split, a judge granted the “Don’t Be Tardy” alumni permission to sell their mansion — which has faced foreclosure twice — to pay off their debt. As for the former Atlanta Falcons player, BMW Financial Services sued Biermann for skipping out on payments of his $400,000 Rolls Royce.

Bank 'intends' to foreclose on Kim Zolciak, Kroy Biermann's mansion despite divorce - Page Six

Bank 'intends' to foreclose on Kim Zolciak, Kroy Biermann's mansion despite divorce.

Posted: Fri, 12 Jan 2024 08:00:00 GMT [source]

The pair had previously filed to legally dissolve their 12-year union back in May, then decided not to split in July in an attempt to reconcile. After months of contention, Zolciak and Biermann seemingly called off their divorce in early July. Zolciak filed a “dismissal without prejudice” in Fulton County Superior Court, taking back her “complaint for divorce,” according to legal documents reviewed by The Times. Biermann claimed in September court documents that his estranged wife was trying to delay their divorce to stay in the Georgia house longer.

On Tuesday, Kim shared a video of Kroy vacuuming the lavish home in his underwear, and on Wednesday, she gave a tour of her "Hollywood room," a lavish sitting room topped by a massive, sparkling chandelier. In a series of Instagram stories Friday, Zolciak showed off a handful of luxury handbags she is selling from Chanel, Prada and Louis Vuitton. In each segment, she listed the price for the item, said the bags were authentic and touted their “excellent, excellent” condition.

During her time on RHOA, on and off from 2008 to 2012, 45-year-old Zolciak was reportedly hauling in around $2 million per season, ranking her among the highest paid of Bravo’s housewives. She’s also appeared in another spinoff reality show, Don’t Be Tardy (previously Don’t Be Tardy for the Wedding), and was a contestant on Season 21 of Dancing With the Stars. Other highlights include a wet bar-equipped entertainment space, formal living and dining rooms, and a primary bedroom suite flaunting a fireplace, sitting area, two-story walk-in closet, and luxe bath with dual vanities and a soaking tub. It’s equally troubling that the duo, who are both struggling financially, were forced to put the house into foreclosure in February of this year after the former Bravolebrities defaulted on a $1.65 million loan they took out for the home in 2016. Perhaps it’s not a great selling point that the ex-“Real Housewives of Atlanta” star and Biermann are both still residing in the pad with their four youngest children — Kroy, Kash and twins Kane and Kaia — as their contentious divorce rages on. The seven-bed, 11-bath home previously faced foreclosure in 2014 and then again in February 2023.

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An in-law suite on this floor has its own kitchen and sitting area; and outdoors, the grounds come complete with a covered veranda overlooking a vanishing-edge pool and spa, sport court and an in-ground trampoline. Page Six confirmed that the estranged pair slashed the asking price of the seven-bedroom, 11-bathroom home by $500,000. On top of that, Zolciak and her estranged husband reportedly owe the IRS more than $1 million in taxes, more than $230,000 in a bank lawsuit filed last fall, and more than $150,000 in unpaid credit card fees. At the time, Truist said in court documents that it “intends to exercise its rights” to seize the home unless Zolciak and Biermann’s debt was paid in full via the sale of the home. Reality-TV star Kim Zolciak-Biermann’s alleged foreclosure is no more, despite a public notice going up last week indicating the Alpharetta, Ga., home she shares with hubby Kroy Biermann would be auctioned off March 7.

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The exes currently have the 15,000-square-foot mansion up for sale but have been struggling to find a buyer for the property. Christie D’Zurilla is an assistant editor for entertainment news on the Fast Break team. A graduate of USC, she joined the Los Angeles Times in 2003 as a copy editor, started writing about celebrities in 2009 and has more than 34 years of journalism experience in Southern California.

Get Screen Gab for everything about the TV shows and streaming movies everyone’s talking about. A judge found no evidence of wrongdoing on Erika Jayne’s part after the ‘RHOBH’ star was accused of aiding and abetting her husband, Tom Girardi. Truist Bank had the authority to “negotiate, amend or modify all terms of the loan,” the public notice said. The couple also welcomed Kroy "KJ" Jagger Jr., 11, Kash Kade, 10, and twins Kaia Rose and Kane Ren, 9, while living there.

Handpainted murals of various video game characters decorate the walls, including Mario, Donkey Kong, and Kim's "favorite", Ms. Pacman. The couple owed the IRS more than $1 million in unpaid taxes from 2013, 2017 and 2018, according to separate documents obtained by Fox News Digital last year. The order stated, "Respondent (Zolciak) shall have exclusive possession and use of the basement/nanny suite; and Petitioner (Biermann) shall have exclusive possession and use of the master bedroom."