Celebrity Pay Dirt
Neverland in Foreclosure?

Rumors have been rampant for months that Michael Jackson's Neverland estate was about to be foreclosed upon, but now comes the first concrete evidence that Jacko's home is about to go back to the bank. Who's bad?

The Implode-O-meter has obtained the foreclosure and Notice of Default report for Santa Barbara County -- and Neverland is listed. According to that report, Jackson is, as of October 12, delinquent $23,212,963 on a $23,000,000 loan.

Notice of Defaults in the state of California typically go out when a homeowner misses their third payment. After another 30 days, the homeowner is issued a foreclosure notice. According to this document, it appears that the King of Pop is $212,963 delinquent on the loan's principal of $23 mil.

A rep for Jackson did not immediately return our call for comment.



Reader Comments

(Page 3 of 14) Previous 15 Comments | 1 | 2 | 3 | 4 | 5 | Most Recent | Next 15 Comments

31. Good - What a real time loser. His career is zip, zero, nada - and I am glad to see that justice does prevail one way or the other. He is getting what he deserves and hopefully there is more to come. Those who want to believe in him - is a sick denial and immaturity.

Posted at 11:30PM on Nov 6th 2007 by Couldn't be happier

32. Britney should buy the place get away from the city have a wonderful place for her kids to
play

Posted at 11:33PM on Nov 6th 2007 by Sue

33. Really !! Who friggin cares? Give the land to the homeless, a gift from the HOMO PEDI.....

Posted at 11:53PM on Nov 6th 2007 by Bill W...

34. Bye bye Michael's casa.

Posted at 12:19AM on Nov 7th 2007 by George B Vieto

35. Bye bye Michael's casa.

Posted at 12:46AM on Nov 7th 2007 by George B Vieto

36. #12, you are truly a fool. If he didn't like the home, he could try to sell it and make some money back. he wouldn't let it go into foreclosure. This guy just keeps getting worse and worse.

Posted at 12:48AM on Nov 7th 2007 by cambel

37. This guy made Neverland and the whole children of the world thing so he could molest them.

He chooses kids from dysfunctional families because the parents are not believable in court.

I wonder what his kids are going through and what spin he will come up with once they have a chance to speak for themselves?

Posted at 12:50AM on Nov 7th 2007 by stbooboo

38. Seriously SLOEMO-are you for real?!!! Who cares if you're black/white/anything in between-what matters is that there are stupid ass people like you trying to tur everything into a "race card" issue (hello Johhny C)! LeeAnn is right-he is what he is no mayyer what color skin he has-and you need to accept that regardless of what color skin you may have. Welcome to the 21st century!

Posted at 2:03AM on Nov 7th 2007 by meredith

39. wow...those were the days. nonstop fun at the neverland ranch. the big pink tent where michael would give us permission to run around naked so we wouldn't get sunburned outside. the jesus juice stand in the far corner. the big twister game in the middle. searching for candy in michael's pants pockets. the oversized hot tub where you weren't allowed to get your swim trunks wet. playing michael's favorite game, 'blindfold'. and of course, the best part, the sleepovers (even though i don't remember much after our shower and bedtime snack of jesus juice and neverland brownies.)

Posted at 2:32AM on Nov 7th 2007 by ricky

40. He can have one of his rich friends like la la Liz Taylor help him. If I were him I'd SUE California for trying to lynch him they had no case at all. I am glad I dont live in california!!!!!!!!

Posted at 2:35AM on Nov 7th 2007 by demi

41. Michael and Luka Magnotta are so similar, they both also say "ignorant" alot.

Posted at 2:42AM on Nov 7th 2007 by anynomus

42. Who cares leave this guy alone already

Posted at 10:07AM on Nov 7th 2007 by Bill

43. The house in the picture has canvas over it. It's probably being fumigated. hmmmm

Posted at 3:07AM on Nov 7th 2007 by anne2

44. This msg is for #15 (so long)....is that English you are trying to speak? What grade did you drop out of school because obviously you do have a wire or 2 crossed as your English skills leave much to be desired. Do yourself a favor, don't embarASS yourself by posting.
And as for #27 (slomoe)...what a joke! When all else fails, pull the race card. Can't you come up with anything original? Or perhaps see things for what they really are? MJ is just plain crazy and I feel terribly sorry for his children. And you make a silly comment ~ "that we wish we were (Jerko), oops, I meant Jacko. He's dreamy". OMG, please do the world a favor and do not procreate. We have enough problems! For either one of you, especially ~so long~ you may need a dictionary to help you thru this message.

Posted at 3:09AM on Nov 7th 2007 by without speech

45. slomoe

Righttttttttttttt, I wish I was a child molester and a pedophile. NOT!!!!

Posted at 3:24AM on Nov 7th 2007 by Spurs

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