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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

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106.

K.C.    

These are the most entertaining comments I've read here in a long time! Some are really funny (#12) and some are very true and sad. I remember him in Jackson 5,too, and there was never a more talented kid. "Thriller" is still one of the great albums. So sad he got so weird, but you can blame is father for that. A real creep who terorrized his kids and they are all messed up, really. Michael is just the worst of the lot.

2456 days ago
107.

eiide    

JACKSON WEARS RED LIPSTICK EVERY DAY, HE EVEN SAID ON TV HIS MAKEUP IS CHANEL, HE IS ONE SICK MONSTER. HIS ONLY WISH IS TO MARRY A CUTE 11 YEAR OLD BOY. WHEN A CHILD MOLESTER LOVER CANT GET A KID, THEY SAY HE EVEN WANTS IT MORE. THATS WHY HE PAID THAT WOMAN TO GIVE HIM KIDS...

2456 days ago
108.

rose    

Jacko Cracko will be 50 years old this august 2008.
I want to know if all his body is bleached or just the visible areas head neck hands. he never wears short sleeved clothes or shorts. It must hurt to bleach your balls. he says he has Vitiligo but Vitiligo appears in patches .... not in huge areas wherer you can't see the dark and light together.... i am a retired nurse and ive seen Vitiligo many times... he doesn't have it. He has a Clorox complexion.

2456 days ago
109.

death penalty    

He is a perv loser and deservs to lose everything.He should have been killed instantly.along with the other thousands of pervs in our prison system..lock him in a cell with OJ for a few years.They would make a good couple..Is his nose is made of play doe?

2456 days ago
110.

Aaron    

Most interesting the glee people derive from the misfortune of others, MJ about to have his property foreclosed. Countless Americans are losing their homes because of the economy thanks to the commander-in-chief. A war that should not have happened, billions of American dollars on skids in Iraq, bubble wrapped, while our children are without health care, homeless crowding into soup kitchens, the elderly and senior citizens without medication because of the high costs of drugs, the rising costs of food, heating, utilities and gasoline. The country is still angry with Bill Clinton because he had his whistle tooted and threatened with impeachment. But yet this administration is responsible for the killing and maiming of thousands of our youth in an unnecessary war and no one is upset, not one word of impeachment! LOL, yes....ONLY IN AMERICA!

2456 days ago
111.

Bobby    

Foreclose on it!!!...........raze it!!!........then go in with hazmat & clean up the area from all of Jacko's sickness that has gone on that place. GAG!!!!

2456 days ago
112.

NoUpskirts4ThisMom    

Oh no! I burned my potato pancakes and now this! I have been hearing this story for years!! A few years back AOL ran a Welcome Page stating Eminem was going to buy it. I thought Jackson vowed to never return there anyway. Maybe they can make it into a home for wayward celebrities like Promises. ::moonwalkin outta here:::

2456 days ago
113.

CC    

Well, I'm sure the US gov't will come through with relief money for him, rather than give it to truly needy Americans.

2456 days ago
114.

eiide    

I CAN JUST IMAGINE WHAT JACKSON IS DOING TO HIS OWN KIDS, ITS BEEN LONG KNOWN HE GETS BOYS DRUNK THEN WAITS TILL THEY PASS OUT OVER NIGHT. IM SURE ONE DAY THIS GUY WILL KILL HIMSELF WHEN REALITY HITS HIM...

2456 days ago
115.

Bri    

Michael Jackson actually doesn't own the Beatles catalog. He sold it to Sony-BMG several years ago when he first ran into money trouble.

2456 days ago
116.

ed    

This is sad . I rember seeing the Jackson 5 tour in the meadow lands in Nj back in the early 80's. A few weeks later I saw springsteen in the same venue-- thoses two concedrts made me feel my generation had captured greatness in music on many levels. I am sorry that one has fallen a bit

2456 days ago
117.

paul    

well, i guess IT is gonna have to live in the streets from now on. Too bad for IT,s kids. I am saying IT because noone actually knows what JACKO is anymore but a nose losing pedophile. He should have been strung up long ago in the 90,s with the incident with the dentists kid. I guess that just goes to show what money will do WHEN you have it. Have a nice life in the street you low life child porno loving THING. What goes around comes around, just like your carousel youre about to lose because you cant keep your hands out of little boys pants....HAHAHAHAHA...i SINCERELY hope you lose EVERYTHING you have and end up on the street begging people for a quarter so you can call someone who really gives a rats a@$. Oh wait...you might like that too. Have a nice life in the GUTTER

2456 days ago
118.

problackcrackerithinkwha?    

call reverend al, except that michael's too white to help now

2456 days ago
119.

problackcrackerithinkwha?    

Send Reverend Al, although Michael's pretty damned white anymore

2456 days ago
120.

eiide    

ROSE YOU ARE SO RIGHT! VITILIGO COMES IN PATCHES IT NEVER COVERS A BODY ALL WHITE. MANY DOCTORS ON TV EVEN SAID THAT. IM A REALTOR AND JACKSONS RANCH HAS BEEN ON THE MARKET FOR 5 YEARS AND CANT SELL. WHEN THIS GOES IN TRUSTEE SALE JACKO WILL LOSE 6 MILLION IN EQUITY I ALREADY LOOKED IT ALL UP. JACKSON IS A LIEING MONSTER...

2456 days ago
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