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

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61. SLUG...OH, I MEANT TO SAY SPURS, YOU SEEM TO KNOW SO MUCH ABOUT A PEDO, IS IT THAT YOU ARE ONE?????

AS FAR AS I KNOW, NO ONE HAS MENTIONED THAT WE KNOW MR. JACKSON PERSONALLY... WHAT ARE YPU TRYING TO SAY????
i WILL SAY IT AAGAIN, GET YOUR HEAD OUT OF YOUR A$$, HAHAHAHAH...HAHAHA YOU ARE TRULY MISINFORMED.
NOW, GO HOME AND AND DO YOUR HOMEWORK THEN, RETURN WITH THE CORRECT INFORMASATION- YOU HAVE CLEARLY MISSED THE BOAT!!!


BLA, BLAH, BLAH OH, AND TAKE YOUR SPELL CHECK WITCHA LOLOLOLOLOL


HAVE YOU EVER HEARD OF FREEDOM OF SPEACH????

Posted at 9:24AM on Nov 7th 2007 by taniqua

62. The slumber parties were lots of fun at Neverland. I just don't know why MJ kept it so hot all the time. We had to kick off our pajamas just to stay comfortable. By that time, the room was starting to spin anyway so it didn't matter.

Posted at 10:20AM on Nov 7th 2007 by Mac

63. to # 63 Spurs
Your comments were great. Unfortunately this person doesn't have an ounce of common sense as we can plainly see. If you look back you will see how she praises him, what a joke! I can't even waist anymore time on some of these fools that wouldn't know the truth if it hit them in the face. (P.S. LOVED THE BUBBA comment)

Posted at 10:33AM on Nov 7th 2007 by without speech

64. Glad that this sick pedophile is BROKE!!!!!! just feel really sorry for those test tube kids

Posted at 11:38AM on Nov 7th 2007 by www.sugar-shoes.co.uk

65. LIES LIES LIES PPL WISH NEVERLAND WILL TAKE AWAY FROM HIM
THE MEDIA CAN'T GET NEWS ABOUT HIM SO THEY MAKE LIES AND STUPID PPL LIKE YOU BELIEVE IT GET A LIFE AND LEAVE MJ ALONE


A HUGE MJ FAN FOR LIFE
RINAT JACKSON

Posted at 12:29PM on Nov 7th 2007 by Rinat Jackson

66. I think the whole MJ fall from grace is totally sad and even discusting. He was a once in a lifetime entertainer and now he is a depraved human being. I would not want to be in his shoes when it comes time to stand for his actions....big guy upstairs, day of reckoning and all that...

Posted at 11:36AM on Nov 8th 2007 by ericarockson

67. Ha Ha HaI I'm laughing so hard! I didn't know Michael Jackson had any fans. Maybe Taniqua is a little girl. Is school out already? Ha Ha Ha.

Posted at 3:55PM on Nov 7th 2007 by DIANE T

68. BYE NEVERLAND! BYE PETER PAN! =P

Posted at 4:01PM on Nov 7th 2007 by Not Another Latest Gossip

69. I wouldn't buy the place (if I actually had that much money). I don't think one could scrub down the place clean enough for me to touch anything or sit down.

Posted at 4:20PM on Nov 7th 2007 by Longshot

70. I would only buy it if MJ and all of his fans were forced to watch as it was razed to the ground, bit by bit, nice and slow, so they would suffer even longer. Of course, they would all have to be muzzled so we wouldn't have to hear them.

Posted at 4:59PM on Nov 7th 2007 by Spurs

71. DON`t TRUST THE MEDIA .... and your haters out there, Michael will kick your ass if he`s back in the music world.

His album will enter Number One in all the world... this a guarantee baby:-)

Posted at 2:41PM on Nov 8th 2007 by Sabine

72. It bothers me that there are so many people wanting such horrible things for this guy. I mean, what has he actually done? Nothing bad from what I see. So he did something that made you uncomfortable. The Bush administration has killed thousands of our finest and I still see people rooting for him. It's quite sad. I like MJ's music. Always will be one of the greatest artists of all time.

Posted at 1:49AM on Nov 16th 2007 by Sebastian Rothwyn

73. To "roughdaddy" what "slomoe" was trying to say is that people like Jackson and all those rappers that you must love are criminals and worthless pieces of s**t. And get what they deserve.

Posted at 8:15PM on Nov 8th 2007 by elephantman

74. poor,poor Michael. He aint got no money. He spent it on playboy books.
what a total piece of smit. poor excuse for a black Man. Maybe he can move in with britney and raise their Kids together. WOW, what a mess those kids will be. of course he better hurry, Her money will be funny soon also.

Posted at 8:15PM on Nov 8th 2007 by Wacko-Jacko the poop shoot man

75. GOOD RIDDANCE.

Posted at 12:22AM on Nov 9th 2007 by NANCY

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