Nas is now on the list of celebrities that lost a home due to foreclosure.

According to TMZ:

According to official records, Nas purchased the 2-bedroom, 3-bath pad back in 2004 for $585,000 … but according to SunTrust bank (which issued him the loan) … Nas couldn’t foot the bill and defaulted on the payments, still owing $507,000.

SunTrust recently foreclosed on the property and then sold it to the highest bidder at public auction last month for $348,500 … WAY LESS than the rapper paid eight years ago.