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Nic Cage Fire Sale

Posted Oct 29th 2008 1:06PM by TMZ Staff

What in the name of Jor-El is going on with Nicolas Cage?!
Nic Cage
The Cagester has just listed his New Orleans home for $3.7 million -- which is the third house Cage has on the market -- and it's a bad time to sell, to say the least.

In addition to the 13,000 sq. foot N.O. home that was just listed on Realtor.com, Cage has listed his homes in Rhode Island and Bel Air, at $15.9 million and $30 million respectively.

And Cage recently sold his 132 foot yacht -- reportedly for $7.7 million.

If Nic shows up at your front door with a pillow and a sleeping bag, now you know why.

No comment yet from Cage's people.

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1. We can only hope he's giving up acting to start a music career.

Posted at 1:12PM on Oct 29th 2008 by Luke Warmwater

2. He can sleep at my house

Posted at 1:14PM on Oct 29th 2008 by Joann

3. perhaps he has to finance uncle "coppala's" vinyard!

Posted at 1:16PM on Oct 29th 2008 by the ronster

4. Maybe he is suicidal??? They say you give away or get rip of your stuff before you want to kick the bucket. I know, far fetched but it's out there.

Posted at 1:21PM on Oct 29th 2008 by Jonquility

5. Probably getting rid of his assets. His career went down the drain since he married that young girl. Hopefully he will come to his senses and get rid of her too. He is too nice of a guy to be in such a rut.

Posted at 1:24PM on Oct 29th 2008 by Rainbow

6. Well, that's a shame. And so close to the parade route, too.

Posted at 1:23PM on Oct 29th 2008 by kindmaryjane

7. I think Nic is getting ready for an Obama presidency. He's gonna be taxed out the ying yang so he's selling it off before Obama is sworn in. I bet his money won't stay in an American bank.

Posted at 1:25PM on Oct 29th 2008 by Runnin' From Obama

8. He joins the lenghtening list of actors/celebs. falling victim to this real estate collapse....my view...

Perhaps he overextended himself. Who knows.....

Posted at 1:58PM on Oct 29th 2008 by Jabarten

9. There is a rumor that his golddigger wife is burning through his money! Hope get's rid or her soon!

Posted at 1:37PM on Oct 29th 2008 by Anna

10. wow, i hope he's not in any kind of serious trouble.

Posted at 2:03PM on Oct 29th 2008 by Joe Mama

11. Maybe the mortgage company is calling in his loan. A lot of times it is not up to the owner, it is up to the bank.
He may just be reacting to the credit crunch.

Posted at 2:17PM on Oct 29th 2008 by TIM

12. That used to be Anne Rice's house.

Posted at 2:02PM on Oct 29th 2008 by Joe

13. Actually, I think that might the the LaLaurie mansion that he's selling. Delphine LaLaurie, a New Orleans socialite pre-Civil War was found to have had a torture chamber where she horribly mutilated and killed slaves. It was so bad that she was run out of town. In later renovations, approximately 75 bodies were found under the floorboards; for those who believe in such things, it is rumored to be very haunted. Cage bought it a few years back.

Posted at 3:30PM on Oct 29th 2008 by Hawk

14. I hope his wife isn't spending him out of house and home.

Posted at 2:21PM on Oct 29th 2008 by ummmmmm

15. I smell another Hollywood divorce right around the corner. You read it here first, folks!

Posted at 2:25PM on Oct 29th 2008 by Mrs. B.

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