Kim Zolciak and Kroy Biermann
Kim Zolciak and Kroy Biermann

Kim Zolciak and Kroy Biermann

News summary

Kim Zolciak and Kroy Biermann are urgently trying to sell their Milton, Georgia mansion amidst ongoing financial troubles and a contentious divorce, having recently cut the asking price by $250,000 to $3.95 million. This latest reduction brings the total price drop to over $2 million since the home was initially listed for $6 million last fall. They are under pressure to sell before a foreclosure deadline set for August 26, which could see the bank repossess the property if it does not sell. The couple, who purchased the mansion in 2012 for $880,000, has been living in separate parts of the home as mandated by a judge, aiming to maintain civility for their children during the divorce proceedings. Their financial issues extend beyond the home, with debt collectors and the IRS also pursuing them as their divorce trial approaches in November. The lavish mansion features extensive amenities but has struggled to attract buyers in a market with a median listing price significantly lower than their current asking price.

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