Home : Celebrity Pay Dirt : Ed McMahon -- S.O.L. Again

Celebrity Pay Dirt
Ed McMahon -- S.O.L. Again

Posted Aug 30th 2008 9:51PM by TMZ Staff

Ed McMahonWe've confirmed the guy who went into escrow to buy Ed McMahon's house has pulled out of the deal.

We're told the buyer never came up with any cash ... which means the whole thing sounds phony. The escrow was opened without a deposit, but the buyer never put his money where his mouth was.

So that leaves Ed with no place to live if the house does go into foreclosure ... which again leads to the doorstep of Donald Trump. Trump has said he'd step in again and buy the house and lease it back to Ed for life. Our sources say Donald has offered a low ball offer already, but that's it.

We're told Trump has had discussions with Ed's realtor, Alex Davis, since the deal fell apart last Thursday. Will Donald save the day or is this a publicity stunt? We know the stumbling block with Trump is price -- he hasn't offered what Ed wants/needs to get the monkeys off his back.

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1. I hope the Donald can truly save Ed's house and give him a place to live. Trump would be a hero of the best kind.

Posted at 9:58PM on Aug 30th 2008 by savvydude

2. WHy should he have to pay more for the property than its worth. No one else wanted the property the fact that he has the cash to pay and McMahon is NOT in the position to be playing hardball he should take the offer and accept the fact that someone is being nic e enough to not kick him out of the property after the purchase! WHo cares if its for publicity if McMahon was in Trumps shoes Im sure he would do the exact same thing! Business is business get over it!

Posted at 10:01PM on Aug 30th 2008 by Why should he!

3. enough already - ed move on and move out - other things in the world to worry about - hurricanes - going to ruin so many people's lives

Posted at 10:53PM on Aug 30th 2008 by joan friza

4. Good investment by Trump. Low ball on the price, and after Ed's dead (in less than 3 years), sell it for a healthy profit.

Posted at 4:45PM on Sep 1st 2008 by frankiestage

5. Ed may be out of money, but why do we feel bad? Plan your expenses and if you're out of cash, either work or sell something. Seems like you can't afford your house anymore, so sell it and move to something smaller. You don't deserve some special standard of living because you were once famous. Move somewhere you can afford. My current apartment is 548 square feet. I'm moving to 1700 square foot place because that's what I can afford. It's the free market baby!

Posted at 5:02PM on Aug 31st 2008 by Stars are just people

6. Put Ed and his gold digging wife on a raft and drop it off in the Gulf of Mexico...I want to see where Huricanne Gustov takes them! :)

Posted at 11:09PM on Aug 30th 2008 by justanotherfknday

7. Obviously Ed cannot manage his money.
He should have hired a pro....Yesssssssss!

Posted at 11:28PM on Aug 30th 2008 by nigsRstoopid

8. For all the talk you hear about "poor Ed McMahon" you'd think he's being kicked out of an apartment and is doomed to live under a bridge with his belongings in a shopping cart. Why do these people need a mansion? Sell the thing and get a smaller home, which is what most retirees do anyway.

Posted at 12:08AM on Aug 31st 2008 by Kay

9. Donald has no obligation to bail ole Ed out of his problem. Ed's problem is his bimbo wife. Ed's wife will continue to get him into financial trouble so long as he is live.

Posted at 12:21AM on Aug 31st 2008 by Big Bear

10. Who cares that about Ed Mcmahon he had a ton of money what he sis with it? is a lot of people living in the streets he is not the only one ,put his young wife to work she can't be not longer be a trophy wife not more ,sell the mansion ,live in a small place and problem solved I don't care about him he was famous ,rich and he don't took care we can't feel sorry for him I don't feel sorry for celebreties at all...

Posted at 12:19AM on Aug 31st 2008 by maria mercer

11. WHY IN HELL DOES MCMAHON HAVE TO TRY TO LIVE LIKE A SULTAN IN A MANSION HE CANNOT AFFORD...GET THE HELL OUT GET A 2 BED 2 BATH APT IN A NICE NEIGHBORHOOD, AND CALL IT A DAY..I HAVE ONE AVAILABLE FOR $1850.00 AND I WON'T EVEN ASK FOR A SECURITY DEPOSIT...

Posted at 1:33AM on Aug 31st 2008 by Melon Head

12. Ed Should get rid of the gold digger wife. He has had a lifetime to save but the vag is soaking him. We should not feel sorry for him as we have to live within our means.

Posted at 1:46AM on Aug 31st 2008 by A Wise Man

13. i agree with you number 1

Posted at 1:48AM on Aug 31st 2008 by jerry

14. The Donald should bail out Ed with the stipulation he divorces the money grubbing whore. I'm sure he's too old to get it up anyways.

Posted at 2:15AM on Aug 31st 2008 by whatado

15. These mentioned monkeys....are they spayed or neutered?

Posted at 3:34AM on Aug 31st 2008 by anonymous

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