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EXCLUSIVE: Rapper Lil' Scrappy AND Girlfriend Diamond BOTH In Foreclosure! [DOCUMENTS INSIDE]

They're constantly rapping about having a "lotta money" and such, but rapper Lil' Scrappy and his rapper girlfriend Diamond are in FORECLOSURE!  We've got the exclusive deets and documents when you read on...

 

Lil Scrappy, government name Darryl Richardson, bought his 2,836 sq ft home in Conyers, GA back in 2004.  He copped it for $182,800 back when he was still dropping singles on the radio, but not only has the home (pictured above) devalued to $123,000, but the bank foreclosed on it this past August.

And if he thought he was going to just move in with his "My Chick Bad" rapper girlfriend Diamond, that's a no-go.  We've also got documents that show Diamond, government name Brittany Carpentero, got her home foreclosed on this past September by Suntrust Bank.  Why?  Because she couldn't pay her mortgage on her Walden Park neighborhood Atlanta home (pictured above).

 

She copped her house for $219,000 back in '07--during her Crime Mob stint--and it's now only worth $202,000.  The house is on the market for $124,000.

 

Check out the docs below:

Diamond's car was also repossessed last month.  Both homes are currently up for sale. And a source close to her tells YBF that Diamond and Scrappy are currently renting a home in Cobb County, but are behind on their rent.  When frontin' goes wrong...

Comments

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Wow nice homes and ATL real

Wow nice homes and ATL real estate is cheap!!!!! Where I live those houses would be near $500,000. The sad thing are there mortgage is for everyday working people and they couldn't keep up....hmm maybe they should think about getting a real 9 -5 and stop fronting or put out some good music that people actually want to BUY!!!
Aroundthewaychica's picture

Yes! Same here! I was looking

Yes! Same here! I was looking a a house like this for 523K. If it was 124K I would have jumped on it that day!! omg...I need to relocate too. LOL!
Anonymous's picture

Damn..thats messed up. Like

Damn..thats messed up. Like dude said above its crazy when you think about it, because those are regular looking houses and nothing spectacular about them...smh Flo Rida & His Hairline Squash the Beef & Reunite Onstage For the First Time Since Puberty http://creambmp.com/xzk Flo Rida & His Hairline Squash the Beef & Reunite Onstage For the First Time Since Puberty http://creambmp.com/xzk Flo Rida & His Hairline Squash the Beef & Reunite Onstage For the First Time Since Puberty http://creambmp.com/xzk Flo Rida & His Hairline Squash the Beef & Reunite Onstage For the First Time Since Puberty http://creambmp.com/xzk
Diary of a Young Black Asshole's picture

How hard is it to pay your

How hard is it to pay your mortgage when you're out ballin everynight? I just dont get it. You'd think the first thing you or your accountants do when you get your check is pay off the mortgage and other NECESSARY BILLS.
Dez's picture

OMG--why are these

OMG--why are these "celebrities"and living in these regular folks houses and THEN still not being able to pay for them????Our house is bigger,cost more and we pay our sh*t with no problem.And both us us just make regular money.
Anonymous's picture

There are a lot of comments

There are a lot of comments saying that they should buy a home, then cars and wont have to worry about renting. But people forgot that when people get on then they have people looking at them for money. A good example will be fantasia, MC Hammer, Trey Songz and others who have brothers,mothers,aunts,dads and uncles who artist feel that they need to support also. This is why they rent because these artist make a certain amount and it goes to them,the relatives would want some, and you cant forget about uncle sam wanting his fair share of the money.
Anonymous's picture

This is why financial

This is why financial literacy should be taught in high schools. This is a good teaching tool for the kids who idolize these one hit wonders. This is poor money management at its best.
EverybodyPanic's picture

All they taught us in the 5th

All they taught us in the 5th grade was how to write a check and get a job. Then we went on a firld trip and had to run a make believe city. There was one mayor and everybody else was working the equivalent of min wage jobs. Hmm. So u teach kids how to write checks and how to get a minimum wage job and we wonder why there is the working poor.
Queen Safira's picture

I actually learned how to

I actually learned how to balance check book and pay bills, etc. in the 5th grade... i was actually part of the county's curriculum and then in the 8th grade we learned about credit management and loans, etc.... so some schools (were) teaching this and I hope they continue, especially in this state of the economy....
imjustsayin's picture

True, I learned how to write

True, I learned how to write checks and balance budgets in elementary school but how dated is that information? After that I dont remember anybody teaching anything else about loans, mortgages, interest rates, building and establishing credit, accounting information, etc at MY school.
EverybodyPanic's picture

This is actually taught in

This is actually taught in COLLEGE. That's why education is important
Anonymous's picture

The above poster makes a

The above poster makes a valid point. Not everybody goes off to COLLEGE, and most ppl I know, myself included, never took financial planning 101 as an elective. I did a bunch of Econ and Mrktg courses for my minor, and none touched on personal financial mngmt. However, if it is taught in high school, then 99% of the populace would be reached. I completely agree that personal financial mngmt should be a mandatory part of the high school curriculum.
Starla's picture

See this is what happens when

See this is what happens when you give niggas money. If I had a record deal...hell even a four figure paying job....the first thing I would do is buy a home. And that don't take a rocket scientist to figure out. Now they do not have a pot to piss in! SMDH!
Anonymous's picture

So you gonna sit there on

So you gonna sit there on your computer and say that ECON 101 never taught you how to make a budget FIRST and then how to spend money when owning a business.Looks like you need to retake that class. I took Econ and Engineer Econ and they all taught me how to budget my money when I go on field trips, when I go to the store, the stock market,interest rates when you put your money in the bank and how much you suppose to get out at a certain period of time and etc.. HOW CAN YOU MISS THIS?
Anonymous's picture

I guess it depend on which

I guess it depend on which "COLLEGE" you attend then.
Starla's picture

I think all rappers embellish

I think all rappers embellish their net worth.
Liars's picture

1.MAKE THE MONEY 2. BUY THE

1.MAKE THE MONEY 2. BUY THE HOME,PAY OFF IN SIX MONTHS.3. PAY OFF EVERYTHING YOU BUY. SAVE,INVEST AND THEN WHEN YOU SHOW ALL THAT CASH YOU WILL BE READY SET, GO!!! STOP Being silly showing cash with nowhere to live or drive!!!! GOODNESS!!!!
cynthia's picture

Jay Z said it best "fuck

Jay Z said it best "fuck rich, let's get wealthy!" As a people, we don't understand the difference between the two....this post here just proves that!!! Coonery fooleywang material at its best!! So sad!!
Anonymous's picture

QUOTING A RAPPER,

QUOTING A RAPPER, *****SMH*****
YOUNG & DUMB's picture

ooops! you just schooled

ooops! you just schooled "young and dumb". take it as a life lesson and move on. that is all - have a nice day.
Anonymous's picture

You must be young and dumb!!

You must be young and dumb!! Jay Z is close to being a billionaire!!!! He rolls with Oprah and Warren Buffet!!! Pick up a Forbes magazine stupid!!! Wealthiest rapper alive!!!!
Anonymous's picture

Yeah a wealthy rapper that is

Yeah a wealthy rapper that is worth almost a billion dollars and hangs out with Oprah and Warren Buffet...read a Forbes youngin!!! Wealthiest rapper alive!!!
Anonymous's picture

Jay Z said it best "fuck

Jay Z said it best "fuck rich, let's get wealthy!" As a people, we don't understand the difference between the two....this post here just proves that!!! Coonery fooleywang material at its best!! So sad!!
Anonymous's picture

Jay Z said it best "fuck

Jay Z said it best "fuck rich, let's get wealthy!" As a people, we don't understand the difference between the two....this post here just proves that!!! Coonery fooleywang material at its best!! So sad!!
Anonymous's picture

WOW!!!!!!!THAT IS DEFINITLY

WOW!!!!!!!THAT IS DEFINITLY SOMETHING YOU DO WHEN YOU HAVE MONEY IS TO PAY OFF YOUR ASSESTS WHATS THE POINT OF HAVING MONEY??????????????
Anonymous's picture

Them homes should've BEEN

Them homes should've BEEN paid for as CHEAP as they are! "Regular" folks could pay for that!
Almost Famous's picture

Tru dat! Wow...I was

Tru dat! Wow...I was thinking the same damned thing...my home costs about $40k less than that...thank God I didn't over spend...but they could have paid for them with one check back then...SMDH...
STORMEY's picture

You buy it then. Shit.

You buy it then. Shit.
say what's picture

You buy it then. Shit.

You buy it then. Shit.
say what's picture

damn thats all for those

damn thats all for those houses...i need to move to conyers...on second thought somebody posted that the yards are small.. just give me the house and i will put on some land in little rock..shit i can pay for it and i only make 90,000 a year..thats a damn shame scrappy and diamond...somebody should've been budgeting..
memyselfandI's picture

$90K??? Stop it...

$90K??? Stop it...
STORMEY's picture

LOL!!!!

LOL!!!!
Cosigner # 2's picture

damn thats all for those

damn thats all for those houses...i need to move to conyers...on second thought somebody posted that the yards are small.. just give me the house and i will put on some land in little rock..shit i can pay for it and i only make 90,000 a year..thats a damn shame scrappy and diamond...somebody should've been budgeting..
memyselfandI's picture

All I can say is they should

All I can say is they should have used whatever money they did make wisely. My house would have been paid for and I wouldn't be paying shit but the taxes on that sucker. The jewelry and Louis bags can wait. Secure your future first. That would apply to ALL people not just black folks. Stop stuntin' and live within your means. I can't feel sorry for them. I just can't man.
Real Talk's picture

I'm just wondering who is

I'm just wondering who is shocked that this 2 rejects are broke?? But sadly they pretty much sum up the people pretending to be in the entertainment industry in Atlanta, that's why I had to get outta there! Everybody runnin around actin like they have money but don't, driving cars they can't afford, living in house's they can't afford! I have a friend who's a doctor who was working the ER in a hospital there a few yrs ago and they told me scrappy's mom came in there because she had gotten some type of plastic surgery (can't remember exactly what it was) but she went the cheap route & had a "bad reaction" Said she was so damn ghetto & rude screamin how she was Lil Scrappy's mom & everybody was lookin at her like she was a fool like b@#%ch u sound stupid braggin about who's momma u are when you're here because u went to a hack doctor & got butchered!!! LOW LIFES!
Come on Son!!! 's picture

OMG...i think i am moving to

OMG...i think i am moving to atlanta straight from the UK....I mean those are some pretty nice house for a ridiculous price....in london the average house price is $575 000 and the house don't even look as big as that......honestly that is some low house prices!!
stunnaz's picture

why dont people that have the

why dont people that have the money at the time just buy the house in cash, and u will always have a place to live?
Anonymous's picture

Damn, I gotta pat myself on

Damn, I gotta pat myself on the back. I may not be a rapper or rappers wife, hell to keep it funky I am no body's wife. But, my house is way bigger than that and it cost me way more. She kept her house so standard. The cost of living in Atlanta is cheap if that's what you get for a little over 200K. That's the price of a nice townhome in this area. I can sale my house and live like a fat cat down there but the question is they don't make as much as we do here in DC... The cost of living is low. So, it's a catch 22.
Jocasta 's picture

Interesting post... It makes

Interesting post... It makes my point. Most of these rappers and singers make less than teachers over a 5 year period. Many of the young people posting grew up in houses nicer than these houses. A member of Jade(singing group of the early 90's) once said when the group broke up, " I am a college graduate. I can make this a year working a regular job. I just won't be riding in a limo."
Drnat's picture

As my elders would say "this

As my elders would say "this is some nigga shit" these dummys had nice houses and all they had to do was pay the mortgage each month but they rather spend all their money on material things....now they don't have a pot to piss in....as one jewish lady told me "if you want to be rich you should save your money and live below your means"
Anonymous's picture

I hope Luda gives em a loan

I hope Luda gives em a loan for the Christmas season. Damn.
Tampiana's picture

*sigh* So next Diamond will

*sigh* So next Diamond will be on her twitter again showing Word documents - excuse me, receipts for the amount she paid in cash for the house, explaining it's all a mistake lol. BLACK PEOPLE, my people, please stop trying to keep up with the Joneses and live within your means. THAT is actually what's up. That is also how you acquire wealth. This sh*t right here is just stupidity at it's finest, and only because they've got Gucci taste, on an H&M budget.
The Anti's picture

Atlanta is so BAMMA. The

Atlanta is so BAMMA. The parties look boring, Same ol FREAKS & FERRIES in attendance, same ol C & D listers invited.
The Gay Black Disneyland f Men's picture

How do you live in a $219,000

How do you live in a $219,000 home and drive a Porche anyway!? That's like living in an apartment driving a Benz...smh Some people are hood rich and will always be hood rich.
Anonymous's picture

The cost of living is low in

The cost of living is low in ATL BUT..Conyers is not ATL. It's actually a good 30 minutes from midtown. Both houses are outside the peremiter (burbs) - a house in midtown is a different story... $300K and up.
J's picture

The cost of living is low in

The cost of living is low in ATL BUT..Conyers is not ATL. It's actually a good 30 minutes from midtown. Both houses are outside the peremiter (burbs) - a house in midtown is a different story... $300K and up.
J's picture

people pllzzzz dont even go

people pllzzzz dont even go there. all of atl is not like this.its broke ppl everywhere and most of atl are not even like this. we dont all go around fronting and we are all not broke. the only difference is blogs and tv showcast the broke ppl in atl more than anywhere else. for some odd reason. no one wants to hear about the broke ppl in newyork or l.a. ppl r just interested n the broke ones in atl. these fools are giving us a bad name
chloe's picture

Hell, Cracker are just

Hell, Cracker are just as Hell, Cracker are just as bad. They r the ones using credit cards to pay for college, gucci bags and take over priced vacations and then they wanna sit on OPRAH and cry. I dont know not one blk person that have over 150k in credit card debt!!!! So, move along with your ignorance cause last time I check, flossing and living a lie is something that ALL RACES DO!!
Anonymous's picture

LOOKING AT THEIR MORTGAGES

LOOKING AT THEIR MORTGAGES AND THE SIZE OF THE HOMES....... ALL I COULD DO IS SHAKE MY HEAD. I PAID $240K, MONTHLY PAYMENT ALMOST $2000 AND MY HOME IS BARELY 2,000 SQUARE FT...... AND YES, I COULD ALMOST TOUCH MY NEIGHBORS HOME NEXT DOOR, THAT'S HOW CLOSE THE HOMES ARE HERE....'TRACK HOMES'. YOU COULD NOT PAY ME TO LIVE IN ATLANTA, BUT I WILL ADMIT, YOU DO GET MORE HOME/LAND AND THE PRICES ARE CHEAP.
WEST COASTER's picture

Wow! That's an expensive

Wow! That's an expensive mortgage for that home price! A friend of mine has a house here outside of ATL for $325K and pays $2200/month.
GaGirl1979's picture

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