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We Talking ‘Bout Adjustable Rate Mortgage Loan Payments

Mar 9, 2011, 4:23 PM EDT

Iverson-home Allen Iverson's Denver area home — a plush 6,848-square-foot 6 bedroom, 6 bath house in a lovely suburb — is being foreclosed upon. The house is about to be sold, but the foreclosure proceedings could still cost A.I. something in the $10,000 range. Throw that on top of the million or so he lost on the house in terms of investment dollars and that's a whole 'nother season in Turkey. Photo via