For McMahon-sion, Heeeere's Foreclosure!

Posted Jun 4th 2008 9:15AM by TMZ Staff

Ed McMahon of Bev Hills: You may have already defaulted on a nearly five million dollar loan, and you could lose your house soon!
Click to read the documents!
Foreclosure is underway, according to the Wall Street Journal, on McMahon's six-bedroom mansion in BH. 85-year-old Ed's been laid up with a broken neck and he hasn't been able to work. So he's in arrears, you'll pardon the expression.

And get this -- the real estate agent who's trying to unload the house says all the papers following Britney Spears (who lives nearby) are wreaking such havoc in the neighborhood it's scaring potential buyers away.

BTW, the house has been on the market for two years -- it's now listed at $6.25 mil. A few years back Ed had a huge mold problem with the house. Ed sued and got $7.2 mil.

Filed under: Wacky & Weird


Tags: Ed McMahon, EdMcmahon, Foreclosure

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

1. You're not first!

Posted at 9:24AM on Jun 4th 2008 by Not first

2. One word of advice, Ed: Boarders.!!

Posted at 9:27AM on Jun 4th 2008 by rudewaitress

3. How about all of us send him a dollar?

Posted at 9:27AM on Jun 4th 2008 by Kelli

4. So, he has no savings? Where's all the money he made on Carson? Nobody should have to go through that at 86.

Posted at 9:30AM on Jun 4th 2008 by Williedog

5. Not only doesnt he have savings, but he won $7million on top of that, and still cant afford t opay for his $5million house? Just another penny millionaire in the world. All the show in the world, but when the chips are down, really is broke. No different than that guy in the bar buying rounds to try to impress ladies, then gets home and his electricity has been shut off. All losers.

Posted at 9:35AM on Jun 4th 2008 by Jason

6. Where did all his money go? Surely there should have been money banked all these years. He got paid well on Carson.
Where did it go? Ed, call Jerry Lewis, maybe he can help.

Posted at 9:37AM on Jun 4th 2008 by f

7. One word for Ed...DOWNSIZE!

Posted at 9:39AM on Jun 4th 2008 by little blonde

8. He need someone to show up on his doorstep with a big ol' check and a camera crew.

Posted at 9:42AM on Jun 4th 2008 by wasted days and wasted nights

9. poor Ed...are they going to throw an 85 year old man out on the street? I hope he has family

Posted at 9:46AM on Jun 4th 2008 by Abby

10. That's sad but why did this happen? You would have thought by his age his house would be paid for by now. I just saw him on TV doing one of those bathtub commercials for the seniors. Then he always did those Publisher Clearinghouse Sweepstakes things. I mean he's always been doing commercials and seems to have worked his whole life. Just doesn't make sense but it's still sad.

Posted at 9:47AM on Jun 4th 2008 by Beans

11. They need to put his old white azz out.

Posted at 9:50AM on Jun 4th 2008 by That is NASTY

12. Um, at 85 and with a broken neck (fall, I assume?) perhaps its time for a convalescent home.
Really, Ed. You had a good run. Probably a very good life too. Just retire in peace.
Get some rest. You deserve it.

Someone's been mismanaging your money. Have your family sue them.

Posted at 9:54AM on Jun 4th 2008 by OustCEOs

13. He must have spent the money on hookers, booze, drugs, gambling or something! He must have had a bunch at one time.

Posted at 9:55AM on Jun 4th 2008 by Little Bit

14. Get a reverse mortgage Ed!

Posted at 10:02AM on Jun 4th 2008 by pimp

15. Send him ovah ! Vee need a live in Butlah! Hiz vife can keeb Zsz Zsa company, vile I ahm add da Ivy.

Posted at 10:12AM on Jun 4th 2008 by Prince von Ahnhalt

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