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Prince Avoids Foreclosure On Chanhassen Land

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Singer/musician Prince makes an announcement at The Apollo Theater on October 14, 2010 in New York City. (Photo by Stephen Lovekin/Getty Images)

Singer/musician Prince makes an announcement at The Apollo Theater on October 14, 2010 in New York City. (Photo by Stephen Lovekin/Getty Images)

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CHANHASSEN (WCCO) – Prince has apparently avoided foreclosure on some land he owns in Chanhassen.

The land had been up for auction in a few weeks, but that auction has now been cancelled.

A Prince representative says the singer has paid the $369,000 balance on the mortgage.

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