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Former NBA star, Allen Iverson’s Atlanta home has been sold in a foreclosure auction. Iverson allegedly defaulted on a $1.2 million mortgage which sent the $4.5 million home into foreclosure. He previously fought off an auction, but obviously unable to stop it.

Sources say, Iverson’s bank purchased the mansion yesterday for $2.5 million. Not only did he lose his mansion this week, the judge in Iverson’s divorce case has labled him the as worst dad in the world!