Looks like Fantasia Barrino isn’t ignoring her problems after all.
The auction of Fantasia’s home that was to take place Monday is off. She had defaulted on a loan, which allowed the company she borrowed the money from to put her house up for auction. The two sides have reached an agreement, according to the Associated Press:
An attorney for a lending company says the auction of a million-dollar home belonging to “American Idol” winner Fantasia Barrino won’t happen because an agreement has been reached.
Charlotte-based attorney Larry Goldman said Saturday in an e-mail to The Associated Press the two sides have worked out the matter. He did not immediately respond to a request for more details.
Goldman represents the Florida company that was trying to get the 2004 “American Idol” winner to repay money it loaned her in 2006 for tax payments on one of her homes in Charlotte, N.C.
If the agreement hadn’t been reached, the $1.1 million home would have been sold Monday by the Mecklenberg County Sheriff’s Office.