Timbaland must be a pretty busy guy because he nearly lost his Miami condo for failure to pay some minor assessment fees. According to The Detroit News, the building’s owner placed a lien on the producers pad to the tune of $ 18, 833 back in August. The lien was due to what they claimed was nonpayment of quarterly condo assessment fees. The fine had grown to $27,000 before The Detroit News contacted Timbo. At which point the rappers reps made the full payment and prevented the foreclosure that the buildings lawyers had threatened.
The man born Tim Mosley isn’t hurting for cash though. His financial reps claim that this was all just a big misunderstanding. Appearantly, Timbaland, like most entertainers, delegates these kinds of responsibilities to a team of financial advisors. These advisors claim that they were never sent a notice of the bill. So, thanks to the Detroit News they were made aware of the fine and paid it off in a timely manner.
Timbaland is currently putting the finishing touches on the third volume of his Shock Value series. The album’s first single is expected to be released to radio on February 22nd.
Expecting every lil single from em… hes my fav producer
Now I see why entertainers and athlete’s go broke, owe back taxes, or go into huge debt. They let other people handle their finances. Fuck that. If I ever get into some kinda money. I’m gonna keep up with it and never slip up.
dont worry you wont
AHHAHA
AHHAHAHAH.
Real talk, thats the dumbest statement ever. People get degrees in managing finances, its not like balancing a checkbook.
he’s boring now. shock value 3??? LOL
PROTECT YOUR NECK WHEN YOU ENTER MY TRIPLE SEIS CHAMBERS
http://www.youtube.com/user/305ilovemia#p/u/23/CHf8lFuMEgY
Ok, i am convince, that 90% of these people in the Rap game and music business are fronting, how the hell you just prevent your crib from going into foreclosure, we got a lot of nigga fronting, Yo you’ll need to come back to the hood if that what it take to keep you money right homie.
WATCH LIVE TONIGHT 2/2 ONLY FOR THE TRUE HIP-HOP HEADS ONLY, THE LIVE IN THE CIPHER SHOW ON BKS1RADIO.COM 9PMET/6PMPT WE RATE & REVIEW ALONG WITH YOU THE LISTENER ON A SCALE FROM 1 TO 5-SAM SNEED’S NEW RELEASE “STREET SCHOLARS” -GET THE LATEST HIP HOP NEWS, TRIVIA & MORE. MC’s RAPPERS DON’T BE SCARED TO CALL IN & SPIT …YOUR HOT 16 – 646-929-1530 OR CHAT LIVE ON BKS1RADIO.COM TONIGHT AT 9PM ET..JOIN THE EXPERIENCE!
those advisors would be fired.
This guy and Dr. Dre workout at the same gym
LOLOLOL awesome comment man. wow legendary shit. i’mma have to borrow that in conversation with people talkin bout hip hop. big ups man that is the best comment i have read
Nice one Eddie – serve that name-dropping cunt.
😉
eddie u just cracked me on that one…
Fuckin hell swizz,nas and now timbo owe money these guys are rich and they still cant keep on top of there shit.