OH NO!!! Legendary Singer Prince’s Home Is In FORECLOSURE!!!!

: The recession is hitting EVERYONE . . . even top selling pop artists. According to our pals at Radar Online, one of the plots of land that makes up Prince's house is getting foreclosed.

Here's what they're saying:

The large plot in Chanhassen, Minnesota, has gone into foreclosure because the famous performer (real name Prince Roger Nelson) has fallen some $368,000 behind in [Prince - who is from The Land Of Ten Thousand Lakes - is currently doing a marathon 21 consecutive show tour at The Forum in Los Angeles.

But despite claims from his management that the debt has now been settled, when RadarOnline contacted Carver County Sheriff’s Department a spokesperson from the Civil Processor’s Department revealed that the land was still set for auction on May 13.

Recent aerial images of the land show little more than a tennis court and a small building near the main driveway entrance [to his home].


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