Finally A House John McCain Doesn't Own

8/22/2008 7:36 PM PDT BY TMZ STAFF

Finally A House John McCain Doesn't Own

Donald Trump is off the hook. Someone else has stepped up and is buying Ed McMahon's house.

Ed has been dogged by his L.A. mansion, which was sitting on the brink of foreclosure. Last week, Donald said he would help the man he admired by buying the property. Ed's realtor, Alex Davis, tells us Trump actually made a written offer but was outbid.

Ed's rep says the buyer surfaced last week, after Trump got all that publicity. We're told escrow opened yesterday but it's still not a done deal.

As for who's buying the house, the out-of-state buyer wants confidentiality. However, Ed's rep says it's not John McCain.

And we just got this statement from The Donald: "...The other buyer has signed a purchase agreement....subject to many contingencies including but not limited to a mortgage contingency. Mr. Trump clearly would not need a mortgage and would be capable of closing this transaction immediately. If the other buyer should be successful in this bid, Mr. Trump truly hopes that they do the right thing by Ed McMahon and not have this 85-year-old American icon removed from the property."

So here's the question -- If Donald really wants Ed to stay in the house, why didn't he just outbid the buyer?

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Reader Comments

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randys34: 1267 days ago

I am a bit perplexed by your vote on The Donald, is he serious or full of it!! Why didn't he just outbid the other buyer? it is apparent to me that who ever came up with this one has no experience in real estate dealings. It isn't up to him to outbid, he can only do this if his offer was countered by the Mac, or if he knew someone else was going to make an offer and how much he could have bid higher. I am not a real estate professional, but its pretty common knowledge that offers are required to be taken in a specific sequence or are presented together, depending on the state, and it is up to the seller to determine what offer to accept!
I am not a big Trump fan, but come on, give the guy a break, how was he to know someone else was going to step up to the plate? Give him his due, he was willing to help the guy out, didn't see many others that were!!

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marby225: 1267 days ago

Hey Donald, How nice it is to hear that you wanted to help poor Ed McMahon save his home, how about all the middle class that are in danger of losing their homes. Apparently the rich only want to help the rich and too bad for the hard workers that need help to keep a roof over their heads, you know the ones that aren't on TV. We haven't been "fired", but we work for low pay and try to just pay the bills, How about helping the rest of us?

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Svenskagirl: 1267 days ago

Hey Donald, I am 48 I take care of my tow children ages 5 and 13. Plus I have my 83 year old Mother living with me because she needs to be taken care of. Dad left her broke, not his fault he was sick. I will let you buy my house, if you would let me live in it. Paid $270.000 worth now maybe $250.000, make me an offer. My family would thank you.

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victor: 1267 days ago

What's wrong with owning homes, more than one etc. If I could afford it, I would own more than one. These people who buy more than one home are investing in our economy, our country. If you check on it, you will probably find a lot of dem's own more than one home. Al's home is worth more than all the homes owned by Mcain. Besides I think the ownership of the homes spoken of are owned by Mcain's wife. Snibling, whining Democrats can't find anything to say about Mcain and now are grabbing at straws. Whats up Obama! How did you get your home?????????

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