Former American Idol star Fantasia Barrino’s house was saved from foreclosure by music mogul Simon Cowell.
The singer, who was crowned the winner of Cowell’s American Idol show in 2004, purchased the six-bedroom house in Charlotte in March 2007 for $1.3 million.
But she ran into financial difficulty and failed to keep up with repayments on the property. The mansion was due to be auctioned off in January but the sale was called off at the last minute after Barrino reached a deal with financiers.
And, according to reports, it was Cowell who stepped in to provide a short-term solution to Barrino’s money problems. A close source explains, “Simon reached out to Fantasia to help take care of some of the back payments she owed so the house wouldn’t go on the block.”
Cowell’s offer undoubtedly helped the singer stave off creditors as the R&B singer would not have been able to make the payment with out his help. Said the insider, “Simon was hoping to keep his good deed a secret. He didn’t want to cause Fantasia any further public embarrassment.”
But the more important questions is…”Where did all Fantasia’s money go?”
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