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Neverland in Foreclosure?

11/6/2007 10:19 PM PST BY TMZ STAFF

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.

208 COMMENTS

No Avatar
91.

dude    

You all just wish you were Jacko. He's dreamy!
More like nightmarey

2487 days ago
92.

Tony    

Maybe Jack-Off-o should consider selling off part of his child porn collection to bail himself out........

2487 days ago
93.

whatever    

#14, when is the last time you were in an English class? Maybe you should consider taking it again. You have just TOTALLY butchered the English language. MORON!!!

2487 days ago
94.

Sheila    

Natural consequences... people should believe in them.

2487 days ago
95.

eiide    

Jackson is so mentally ill its very sad! jackson does not understand why the world is so much against a person loving little boys. Jackson would be hanged in other countries a long time a ago. I cant stand the monster.

2487 days ago
96.

sunshine    

YES, YOUR ALL RIGHT, BRIT BRIT IS NEXT, MARK MY WORDS. SHE MAY ALREADY BE BROKE. DRUGS, ALL THE SPENDING, MORTAGAGES, DRINKING, PARTYING, RENTALS, VACATIONS, TANNING, NAILS, DOG GROOMING, CHILD-SUPPORT, SMOKING, CLOTHES, FOOD, GAS, INSURANCE, OH, AND HOMEOWNERS INSURANCE, WELL. YOU GET THE PICTURE. IT ALL ADDS UP. BYE-BYE BRITNEY IN THE NEXT YEAR, UNLESS YOU STRAIGHTEN UP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

2487 days ago
97.

Emma Jean    

All of you venomous, miserable, and demonic people need to get a life. Unlike the priest of the Catholic churches, if MJ was guilty of being a pederast, he would have been arrested a long time ago. The only act that MJ is guilty of is being too nice to kids. So much so, that a few money-thirsty parents were afforded the opportunity to gain wealth while destroying his reputation. If you evil-Sayers are ever lucky enough to gain money and fame, I should hope that you don’t make the same mistake. MJ was around hundreds of children, why is it that only a small fraction made bogus accusation? Think about it, if he was truly a pedophile why didn’t more children come forward. Perhaps, some children and families appreciated the time he spent with them. People, learn to think for yourself! Don’t’ just believe the media words to be written in stone. No wonder we are hated by the world, we adopt other people views as our own without ever thinking for ourselves.

2487 days ago
98.

Tiffany    

MICHAEL DOES NOT CARE ABOUT THAT PLACE ANYMORE. STOP JUDGING PEOPLE. YOU HAVE NO PROOF ON HIM. YOU IDIOTS! LEAVE HIM ALONE.

2487 days ago
99.

Frieda Jane    

#5 I don't think that he is broke, I think that the little monster does not want to pay his bills is all. He seems to think that he is so special that he is above the law and all rules.

Still no real word on his kids and what kind of misfits they will be when they are grown, if they survive that long. sigh.........

2487 days ago
100.

Sheila    

#81 is Jacko himself... it's ok, dude.

2487 days ago
101.

eiide    

Jackson has not done anything with his career in years except little award shows, no hits in over 12 years he needs to accept that his career is over and the people cant stand him. Its been known on the news the record companys, and even quincy jones want nothing to do with him. His last to releases were both total bombs. Jackson keeps trying but will not accept he is over with...

2487 days ago
102.

Phil N    

check out HIS MYSPACE ABOUT THIS
www.myspace.com/psms

2487 days ago
103.

Sundogg    

Gee, life comes at you fast.

2487 days ago
104.

toby    

WHO'S on the MERRY-GO-ROUND NOW!!!!!!!!!!!!!!!!

2487 days ago
105.

Frieda Jane    

To Emma Jean #92, If you really believe what you wrote, suggest that you take your kids, nieces, nephews, grandkids, what ever and leave them with this jerko. Sort of a put your money where your mouth is..........

2487 days ago
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