The Real Deal Miami

Wyclef Jean’s house in foreclosure

November 21, 2008 04:44PM

Hip-hop artist Wyclef Jean’s Miami Beach mansion has gone into foreclosure
and is set to be auctioned off December 12. Wyclef, a former member of hip-hop trio the Fugees, and several partners took
out a $2 million mortgage in 2004 to purchase the property, which he then
renovated. But he never paid off the more than $177,000 in construction costs he owed and
left the home unfinished for over two years. He and the other mortgage holders
now owe the bank $2.4 million.