topic Re: Kim Z. - Don’t Be Tardy With The Repayments! in Community Chat

Kim Z. - Don’t Be Tardy With The Repayments!

shesallthat — Wed, 29 Jan 2014 18:47:23 GMT

Kim Zolciak Takes Out $300K Loan To Finish Construction On Her Atlanta Dream Home

Former Real Housewives of Atlanta star Kim Zolciak might be biting off more than she can chew with her dream home, because RadarOnline.com has exclusively learned the reality TV star and her hubby just took out an extra $300,000 loan to complete construction.

After purchasing the Alpharetta, Ga. home with husband Kroy Biermann in 2012 for a whopping $880,000, the couple embarked on massive renovations to turn the 7,186 square-foot home into their dream.

But in loan documents obtained by Radar, it looks like the couple needed extra backing to complete the 5-bedroom, 6.5-bathroom home because on Dec. 9, 2013 they signed off on a credit line of $300,000 with Landmark Community Bank.

With new 2-month-old twins, the couple is likely to be in a hurry to finish their renovations on the massive home and get settled.

Renovations on the home — aptly named Zolciak Manor — are said to include a two-story master closet, eight fireplaces, an elaborate chandelier, sweeping staircases and a large pool.

http://radaronline.com/exclusives/2014/01/dont-be-tardy-with-the-repayments-kim-zolciak-takes-out-300k-loan-to-finish-construction-on-her-atlanta-dream-home/

Re: Kim Z. - Don’t Be Tardy With The Repayments!

akaburtonfan — Wed, 29 Jan 2014 19:17:39 GMT

They better hope that Kroy can rehab and come back from his injury and play several more years in the NFL. I bet we hear about Zolciak Manor being foreclosed on in the future. I really don't understand why people try and live so far above their actual incomes!

Re: Kim Z. - Don’t Be Tardy With The Repayments!

SydneyH — Wed, 29 Jan 2014 19:23:19 GMT

Do they really need 8 fireplaces? I feel badly for Kroy.........

Re: Kim Z. - Don’t Be Tardy With The Repayments!

shesallthat — Wed, 29 Jan 2014 19:27:58 GMT

i think it is soooo funny - she has been adding the Biermann name to hers like her online accounts and on her personal website - BUT on this big $$$$$ home it is her last name! kroy better wake up!

Re: Kim Z. - Don’t Be Tardy With The Repayments!

Suziepeach — Wed, 29 Jan 2014 19:39:04 GMT

That money sure would feed and help a whole lot of people- some would love to have a fire to stay warm... Kim has had her 5!

Re: Kim Z. - Don’t Be Tardy With The Repayments!

Pqfan — Wed, 29 Jan 2014 20:22:07 GMT

This doesn't sound good at all.

I hope it works out for their children's sake.

She is never happy and always has to over do everything.

Re: Kim Z. - Don’t Be Tardy With The Repayments!

missy1 — Wed, 29 Jan 2014 20:23:59 GMT

I hope they have been saving their money. 2 teens, and 4 kids under age, 3.

Re: Kim Z. - Don’t Be Tardy With The Repayments!

Suziepeach — Wed, 29 Jan 2014 20:24:52 GMT

Re: Kim Z. - Don’t Be Tardy With The Repayments!

Pqfan — Wed, 29 Jan 2014 20:27:00 GMT

They probably are going to wind up back at her old condo.

Re: Kim Z. - Don’t Be Tardy With The Repayments!

croemer — Wed, 29 Jan 2014 20:32:58 GMT

They will be broke in the next couple of years, for gosh sakes...he is out w/an injured knee, is a marginal player and might be cut.

Re: Kim Z. - Don’t Be Tardy With The Repayments!

shesallthat — Wed, 29 Jan 2014 20:40:14 GMT

On 1/29/2014 Pqfan said:
They probably are going to wind up back at her old condo.

"packed like sardines" as my grandmother would say!!!

2 teens,the 4 babies under 3 and two grown big dummies!

Re: Kim Z. - Don’t Be Tardy With The Repayments!

mousiegirl — Wed, 29 Jan 2014 20:47:46 GMT

I just saw a picture of her twins, and the girl is adorable!

Re: Kim Z. - Don’t Be Tardy With The Repayments!

Pqfan — Wed, 29 Jan 2014 21:31:42 GMT

On 1/29/2014 shesallthat said:
On 1/29/2014 Pqfan said:
They probably are going to wind up back at her old condo.

"packed like sardines" as my grandmother would say!!!

2 teens,the 4 babies under 3 and two grown big dummies!

Plus where is she going to put her wigs?

They need their own room.

Re: Kim Z. - Don’t Be Tardy With The Repayments!

terrier3 — Wed, 29 Jan 2014 21:35:15 GMT

On 1/29/2014 croemer said:
They will be broke in the next couple of years, for gosh sakes...he is out w/an injured knee, is a marginal player and might be cut.

Maybe that is why she named the place Zolciak Manor...why will she need Kroy after he stops making money? She will be on to her next Sugar Daddy...

Re: Kim Z. - Don’t Be Tardy With The Repayments!

shesallthat — Wed, 29 Jan 2014 21:48:41 GMT

On 1/29/2014 Pqfan said:
On 1/29/2014 shesallthat said:
On 1/29/2014 Pqfan said:
They probably are going to wind up back at her old condo.

"packed like sardines" as my grandmother would say!!!

2 teens,the 4 babies under 3 and two grown big dummies!

Plus where is she going to put her wigs?

They need their own room.

you are so right!

maybe she will move Sweetie in with them to take care of those details!

Re: Kim Z. - Don’t Be Tardy With The Repayments!

missy1 — Wed, 29 Jan 2014 22:26:01 GMT

On 1/29/2014 Pqfan said:
They probably are going to wind up back at her old condo.

The one big pappa bought for her.

Re: Kim Z. - Don’t Be Tardy With The Repayments!

Lipstickdiva — Wed, 29 Jan 2014 23:18:07 GMT

Why did I think they bought the house when it was in foreclosure? I thought on her show she said someone else had begun building this house and then it went into foreclosure and she and Kroy got it?

Am I incorrect? I can't imagine spending over 800 grand on a foreclosed home plus having to put all that money in.

Re: Kim Z. - Don’t Be Tardy With The Repayments!

shesallthat — Wed, 29 Jan 2014 23:54:57 GMT

On 1/29/2014 LipstickDiva said:
Why did I think they bought the house when it was in foreclosure? I thought on her show she said someone else had begun building this house and then it went into foreclosure and she and Kroy got it?

Am I incorrect? I can't imagine spending over 800 grand on a foreclosed home plus having to put all that money in.

that is correct! it was a foreclosure - just like kandi's house! but remember she told kandi she could not live in a "used house"! and at least kandi paid ALL CASH for hers!!! bloop!

According to TV Fishbowl, Kim's "house" was originally listed for $3.7 M when the developers went bankrupt and reduced the house by over $1M. It still didn't sell. The bank then reduced the home to $999,900 but accepting best offers. Which is when Kim and Kroy swooped in and nabbed the house for $880,000! The low price explains how Kim and Kroy can afford to live in such an otherwise super ritzy exclusive neighborhood.

Re: Kim Z. - Don’t Be Tardy With The Repayments!

raven-blackbird — Thu, 30 Jan 2014 00:17:01 GMT

She'll do alright...................Kim's a cat, she always lands on her feet........................raven

Re: Kim Z. - Don’t Be Tardy With The Repayments!

winamac1 — Thu, 30 Jan 2014 00:17:45 GMT

She grosses me out in every way possible. She spends beyond her means, and she's arrogant on top of it. She would always go on the reunion shows and act all haughty like she was better than Andy and everyone else--being evasive about answering questions, etc. I can't stand that woman.

I used to like Kroy until I saw him so mean spirited to the photogs. He knows she's on a reality show so he shouldn't have been so nasty.