Chris Tucker sells houses to pay debts

Dec 12, 2011, 10:16 IST | Los Angeles

Hollywood comedian Chris Tucker has reportedly sold two of his homes in Florida to deal with the financial crunch.

Tucker got lucky with the first property, an 8,861 square foot, five-bedroom waterfront home in Lake County, by successfully negotiating a short sale before the bank planned to foreclose on it last month, reports

Chris' bank accepted a $2 million bid for the house, satisfying the actor's debt, even though he allegedly owed $4.4 million on the property before selling it.

Considering Tucker bought the place for $6 million, it was a great deal for whoever just took it off the market.

In October, Tucker sold the other Florida house for $1,050,000, much less than his $1.5 million asking price.

But any money is good money at this point as Tucker still allegedly owes $11.5 million in back taxes.

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