“Let me give you the short business answer. I bought the house in Houston. I have multiple mortgages. Some for me, some for other people. This house was my most expensive mortgage. I decided to let that house go, because the house ended up being worth nothing when the market went down and I decided to just let it go and give it back to the bank. It wasn’t a situation where they came and took it from me. I just didn’t feel like it was a good business investment, to keep paying that much mortgage on a house that I was never at. Don’t try to take this to a point where Chamillionaire has money problems. There was no financial negligence, none of that. I’m still a Chamillionaire. When I’m a Cha-thousandaire, then you’ll have a real story. ”
Chamillionaire: I Chose To Be Foreclosed On [TMZ via Daily Intel]


I see nothing of any great interest here?
_Barrack Hussein Obama
I was hoping for a “they see me rollin’, they hatin’” tag.
Yo Dawg, you ridin dirty?
They tryin’ to catch me runnin’ out of money!
Chamillionaire, bringing you such hits like:
–The end–
-Guy who doesn’t listen to Chamillionaire, but will probably create a pandora station entitled ‘Forclosure Rap’ tonight while tugging it.
Y’all don’t hear me though these record labels slang our tapes like dope;
You can be next in line, and signed, and still be writing rhymes and broke
You would rather have a Lexus or justice? A dream or some substance?
A Beamer, a necklace or freedom?
He should of invested with LeBoof Capital.
it’s early but… ftw @5
Chairman and CEO of Dental Bridge Capital.
nice grill
White & Nerdy?
LIFE MIRRORS ART
http://www.youtube.com/watch?v=MH71lCG-ASg#t=0m39s
Uh, who shot Biggie Smalls
If we don’t get them
They gonna get us all
I’m down for runnin’ up on them
Crackers in they city hall
He looks like a foreskin with teeth.
@13 – read your comment just as that bit of the song played.
FIST BUMP YEAH
N**** don’t think these record deals
Gonna feed your seeds
And pay your bills because they not
MC’s get a little bit of love and think they hot
Talkin’ ’bout how much money they got
and in the not getting it/giving a shit category…..
Dontarius Jackson
Betty & LaTinka Battle
DeRoyce Green
Chavelle Butz
John Bascomb
Who can blame the guy…Houston is a hot mess
This guy needs to go away one way or another. What a scourge on society. Some lyrics:
“I been drinkin and smokin holdin shit cause a brother can’t focus
I gotta get to home ‘fore the po po’s scope this big ol Excursion swerving all up in the curve man
Nigga been sippin on that Hennessey and the gin again is in again we in the wind
Doin a hundred while I puff on the blunt
And rollin another one up, we livin like we ain’t givin a fuck
I got a revolver in my right hand, 40 oz on my lap”
Crunk!
Y’all,
There’s no financial negligence here, it’s just that my most expensive mortgage was for a home which I never used, and I have absolutely no idea what the difference between being “underwater” and my house being literally worthless is. I chose foreclosure over selling it at a loss because I have better shit to do with my time. Just relax everyone, I’m not too worried about it. Besides, foreclosing while holding a rap name of “Chamillionaire” is a lot better than murdering someone while holding a rap name of “C-Murder,” for instance. Just sayin’.
-C. Millionaire
LEEEEEROY JENKINS!!!
He should have gone with Wu Tang Financial
C-dog,
Get out of here. Go to Liberia.
- Helen Thomas
I can’t believe this happened to him, he was always so bright in school.
Labeefa Jones, P.S. 133 Principal
For real, homie try and unload his pad up in this bitch, he ain’t be getting fitty cent on the dallah
@20 – The verse you’re citing isn’t Chamillionaire.
Educate yourself.
I would very much like a piece of this man.
- Oscar mayer (always in search of big lips and assholes)
@28, you idiot cracker, yes it is.
JERRY: Well, when do I get my dinner?
CHAMO: There’s no dinner. The bet’s off. I’m not gonna do it.
JERRY: Yes. I know you’re not gonna do it. That’s why I bet.
CHAMO: There’s no bet if I’m not doing it.
JERRY: That’s the bet! That you’re not doing it!
CHAMO: Yeah, well, I could do it. I don’t want to do it.
JERRY: We didn’t bet on if you wanted to. We bet on if it would be done.
CHAMO: And it could be done.
JERRY: Well, of course it could be done! Anything could be done! But it only is done if it’s done. Show me the levels! The bet is the levels.
CHAMO: But I don’t want the levels!
Cha-negative net worth-aire.
Your only assets are your grill, your crunk cups and crowns, and those gold-plated chains around your neck.
@30 – It’s Ridin Dirty, but that verse is Krayzie Bone. Which is also one of the worst names of all time. Coincidentally, krayzie bone is also the phrase your girlfriend uses when she’s texting me to come over in the middle of the night.
-28
Hail Me Ironical
@34 not bad.
I find urban culture very interesting.
@24
I hear Wu-Tang Financial gives great advice on bond diversification strategies.
Look on the bright side, all the stripper poles and scarface posters should make this house very attractive for potential buyers….
Dat boy is just plain ugly.
guess the royalty checks from the ridin’ dirty ringtone sales stopped coming in
since when did 5th ward get expensive houses? I know he’s not living in river oaks…just sayin’
-ghetto boys (still keepin’ it real)
Smith Barney…….buncha bitches…….
http://www.comedycentral.com/videos/index.jhtml?videoId=11887&title=wu-tang-financial
Cham-WOW!
@13, 15, 16
First Dead Prez.
who is this “chav”?
is it me, or does this guy look like a lizard?
Love it – when rappers start talking about strategic default they are finally losing the entouorage and getting real f*cking help, reading business magazines, or both. Don’t knock the hustle…