According to court documents obtained by TMZ, Barrino has avoided the foreclosure process and transferred the deed to the bank in February, leaving her with zero profit from the 6,500-square-foot home which was reportedly purchased in 2007 for $1.3 million.
The singer’s foreclosure woes dates back to 2008, where she was accused of defaulting on a $58,000 loan from Florida-based company, Broward Energy Management. All of which led Barrino to put the house on the market last April for $800,000.
While promoting her VH1 reality series, "Fantasia For Real," in 2010 the North Carolina-native addressed foreclosure rumors with CNN and dismissed that “Idol” creator, Simon Cowell, assisted in bailing her out.
“The show will set the record straight.