Former Knicks star Latrell Sprewell is facing foreclosure on his $5.4 million Westchester County mansion, one year after losing his yacht, records show. Sprewell, 39, purchased the 3.3-acre property in Purchase in January 2000 for $2.3 million. The ex-NBA player took out a 30-year Washington Mutual Bank mortgage for $1,612,000 in 2004. He began missing payments in April 2008, the Journal News reported, citing court records.
Deutsche Trustee Co. Limited is listed as the plaintiff in foreclosure proceedings. The home is due to be auctioned off Jan. 7 at the Westchester County Courthouse, according to Propertyshark.com. source
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