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MAR 19, 2013 - AOL

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R. Kelly Mansion Bought by Bank in Foreclosure Auction

Filed under: News, Celebrity Homes Singer R. Kelly will have to take everything out of the closet because his suburban Chicago mansion was bought back by the bank at a foreclosure auction, the Chicago Sun-Times reported. JPMorgan Chase, which held Kelly's mortgage, bought the 11,140-square-foot home for a measly $950,000 -- a far cry from the $5 million that the home was once considered worth, according to NBC Chicago. Once JPMorgan's purchase becomes official, the bank can have authorities evict Kelly from the home. Back in 2011, the bank slapped Kelly with a $2.9 million foreclosure ... Read More

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