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Kim Zolciak and Kroy Biermann are determined to unload their Georgia mansion to mitigate their cash woes … evidenced by the very fact they simply dropped their asking worth by a severe chunk of change.
The on-and-off couple — who’re nonetheless in the course of a divorce — are actually asking $5,500,000 for his or her Milton, GA property … after initially itemizing it for $6 mil in October.
Not the largest slash on the earth, however it’s substantial … and clearly, they hope the transfer will get somebody to chew. Time will inform if it really works — truth is, the housing market is a bit sluggish proper now, and rates of interest are fairly excessive.
The opposite factor to contemplate right here, comparable homes of their instant space — in some instances, on the identical avenue — are going for significantly much less cash … so they could must go even decrease than this.
Bear in mind, Kroy was lately begging a judge to permit him to place the home up on the market as a method to cope with the mounting debt they discover themselves in … and it appears to be like like he and Kim lastly acquired on the identical web page, regardless of their ongoing back-and-forth feuding/making up.
Whether or not they find yourself sticking at $550k or dropping their worth to a bit much less, they will nonetheless clear up in comparison with what they purchased this crib for again in 2012 … simply $880,000 on the time.
At this level, ya determine they will need to take what they will get … but it surely looks as if they’re attempting to maximise that. KZ and KB are deep within the crimson, and wish each penny they will muster.
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