Kim Zolciak and Kroy Biermann are desperate to unload their Georgia mansion to mitigate their money woes … evidenced by the fact they just dropped their asking price by a serious chunk of change.
The on-and-off couple — who are still in the middle of a divorce — are now asking $5,500,000 for their Milton, GA estate … after initially listing it for $6 mil in October.
Not the biggest slash in the world, but it is substantial … and obviously, they hope the move will get someone to bite. Time will tell if it works — fact is, the housing market is a bit sluggish right now, and interest rates are quite high.
The other thing to consider here, comparable houses in their immediate area — in some cases, on the same street — are going for considerably less money … so they might need to go even lower than this.
Remember, Kroy was recently begging a judge to allow him to put the house up for sale as a way to deal with the mounting debt they find themselves in … and it looks like he and Kim finally got on the same page, despite their ongoing back-and-forth feuding/making up.
Whether they end up sticking at $550k or dropping their price to a bit less, they’ll still clean up compared to what they bought this crib for back in 2012 … just $880,000 at the time.
At this point, ya figure they’ll have to take what they can get … but it seems like they’re trying to maximize that. KZ and KB are deep in the red, and need every penny they can muster.