Allen Iverson is officially homeless well with his Atlanta mansion that is. The former NBA superstar has lost his mansion to a foreclosure auction. The bank took the home at a steal too. Details inside.

TMZ reports, that Iverson has allegedly defaulted on his $1.2 million mortgage which send his home into foreclosure. The price of the home is $4.5 million. He had been trying to fight the auction but could not stop it from happening. The bank purchased the Atlanta mansion yesterday for $2.5 million. Iverson hasn’t been on cloud 9 lately he just lost his home, finishing his intense divorce case and the judge even said he was the worst father.