Allen Iverson's Mom Has Her Home Auctioned

PRLog (Press Release) - Feb 27, 2009 -
Could NBA baller Allen Iverson be facing financial problems??? Well a couple of months ago, we  told you that he was desperately trying to sell his house. And now we've EXCLUSIVELY learned that his mom had her Virginia home auctioned off because she wasn't able to pay the taxes on it.

Don't believe us ... well here's the notice of sale:

   COURT ORDERED SALE OF PROPERTY CIRCUIT COURT OF THE CITY OF VIRGINIA BEACH RE: ETHEL ANN IVERSON, et al CL08-3273 TAKE NOTICE that on the 30th day of January, 2009, at 10:00 a.m., at the Law Office of W. Leigh Ansell, 1072 Laskin Road, Suite 103, Virginia Beach, Virginia 23451, there will be a sale to the highest bidder of the following parcel of real estate for delinquent real estate taxes all pursuant to Court Order dated January 9, 2009, in the Circuit Court of the City of Virginia Beach, Virginia. Owner: ETHEL ANN IVERSON Property Address: 5512 Fountain Court, Unit 64 Virginia Beach, Virginia Legal Description: Unit 64, in the Lake Cypress Condominium together with an undivided fractional interest in certain common elements appurtenant to said unit, all as more particularly described, designated and shown in that certain Declaration of Condominium establishing a Condominium known as "Lake Cypress Condominium", dated July 26, 1990 and recorded in the Clerk’s Office of the Circuit Court of the City of Virginia Beach, Virginia in Deed Book 2927 at page 1703; and subsequent amendments thereto of record.


How could he broke, you ask??? Well according to a number our snitches, Allen is rumored to be EXTREMELY well known at the casinos just outside of Detroit.