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Finally, A House John McCain Doesn't Own

8/23/2008 8:00 AM PDT BY TMZ STAFF

Donald Trump is off the hook. Someone else has stepped up and is buying Ed McMahon's house.
Ed Mahon: Click to launch
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?

51 COMMENTS

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1.

Manbearpig    

first.. looks like he needs a retirement home anyways.. his days are numbered

2223 days ago
2.

Crack is WHACK!!!!!    

Well I am glad to know he'll have have a little change in his pocket.

2223 days ago
3.

Tim    

Donald tried to snap up a property at low low prices. Someone outbid him, showing his bid wasn't very good.
A sleaze trying to look noble.

2223 days ago
4.

Spongebob    

What if the person who bid on the house actually wants to live in it. Ed doesn't get to stay. When I sold my house, I had to move out.

Donald Trump is a piece of crap. How about helping 1000 people who's mortgages are in jeapordy, instead of one dude? A dude, BTW, who could have planned so that he didn't end of in this position. He's had millions.

EF ED!

2223 days ago
5.

Crabby    

Obama doesn't own it because he couldn't buy it from a convicted felon. Zing.

2223 days ago
6.

Googie    

Trump as usual taking credit for something he didn't do, just lip service. Like someone said if he really wanted to help Ed, he would have done it. Unless he wanted to cheat Ed and buy it way below current value. Perhaps it be best if Ed moves out and into a condo where he doesn't have so much upkeep expenses. He should also make sure his wife stop spending money they don't have or she should get a job.

2223 days ago
7.

CELEBS HAS NO COMMON SENSE OR DO THEY PAY IN FULL CASH    

Mr. Trump ,

If you want to spend money , why dont you help people with there mortgages
especially the ones who's so close to losing there home . it doesnt take much
to lose a home , just being laid off , and trying to survive , its a chore in itself.

IF every Millionaire / Billionaire really wanted to help , they could pay the
mortgage off , tax write off . You do it because you want too , not because
someone owes you . It starts at home ( USA ) not in these foreign countries.

I think millionaires and billionaires have there priorities all screwed up .
Instead of charities to give , and you've no clue where it's going to end
up in someone else's bank acctsssssssssssss.

Simon Cowell helped a family , who needed it , paid there mortgage off
and he's not asking anything from them . Because he has a heart .

"Tired of hearing millionaires / billionaires brag to much , what they
brought , Rolex watch for hundreds of thousands dollars , etccccccc.

2223 days ago
8.

CELEBS HAS NO COMMON SENSE OR DO THEY PAY IN FULL CASH    

BY THE WAY , ED WAS RICH , HE JUST LOST HIS A$$

WIFE IS A SHOPALCOHOL , THEY DIDNT MANAGE

THERE MONEY ,,,,,,,,,,,,,THAT SHOULD COULD OF BEEN

PAID OFF YEARSSSSSSS AGO ...........

IF YOU WANT TO HELP , HELP THE MIDDLE CLASS

STOP BEING SELFISH .

2223 days ago
9.

CELEBS HAS NO COMMON SENSE OR DO THEY PAY IN FULL CASH    

TELL YOUR WIFE TO GET A JOB ..............

SHE'S SPONGING OFF YOU ....

2223 days ago
10.

I see you    

Sounds like Ed McMahone is in the same situation that Damon Dash is in but you don't have the racist comments being said like you did when you read about Mr. Dash. The "you people" memarks, were are they now? The "you people" spend your money on bling bling and can't pay your mortgage, why don't I see those comments now? Is it because, let's see, maybe because Ed is white and Damon is black? It makes one wonder what the motivation is for the harsh, racist remarks that people leave on this site when it comes to the black celebrities? Just a thought.

2223 days ago
11.

Terri    

I would like to give Mr. Trump the benefit of the doubt and think he is trying to do a kind thing!! GO GIANTS ...to the super bowl again we go!!!!

2223 days ago
12.

Firefly    

That's a shame because not only is he going to lose his home but his much younger goldigger wife will probably leave him if he gets a condo or smaller place. She's the one that put them in this situation in the first place. Once the money runs out so do the young gold diggers. They run for hills and another old guy to take advantage of. As for the Donald, he had no intension of helping Ed, just getting his name out there as usual. What a douchbag!

2223 days ago
13.

jb    

people who's mortgages are in jeapordy? Give me a break. Those people brought it on them selves. You should be smarter than taking a crappie loan. Its your own fault.

2223 days ago
14.

tard in the hood    

How many half brothers does obamabinladen have?

2223 days ago
15.

Wunu    

Have any of you bought a house before? Do you know how the process works? Bids are accepted in order received and by amount. An offer can not be accepted without the buyer agreeing to it. Once an offer is accepted, someone else can't outbid it. It's legal stuff. The first accepted offer is on the table unless the deal falls through because of the person trying to buy. The seller can not change their mind at this point. (Again, pesky legal stuff) If the deal falls through then it can go to the "second in line" ( ieTrump) Seriously, this space is just filled with idiots talking out their asses. Trump was prepared to buy the house and let Ed McMahon continue to live in it. Do you think just anyone has the desire or bank account to do that for another person?

2223 days ago
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