Home : : Nic Cage -- Homeless in New Orleans

Nic Cage -- Homeless in New Orleans

Posted Nov 12th 2009 1:20PM by TMZ Staff

The number of homes Nic Cage owns is receding faster than his ... anyway ... because today, two of his homes in New Orleans are going up on the auction block.

Nicholas Cage
According to public records, Cage failed to pay the mortgage debts on two multi-million dollar properties -- and the bank eventually foreclosed.

The two homes were each estimated to be worth more than $3 million -- but as we all know, Nic is dead broke and couldn't pay his bills.

One of the homes, the LaLaurie mansion, is rumored to be haunted -- it'll definitely haunt Cage.

Tags: auction, haunted, home, house, mansion, nic cage, NicCage, sell

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1. So sad you made all that money and threw it all away! WAAAAA

Posted at 1:42PM on Nov 12th 2009 by juli seutter

2. his face surely HAUNTS ME!!

Posted at 1:47PM on Nov 12th 2009 by uhHuh

3. It's sad when anybodies investments go down the drain. I suspect that should he had wished to actually live in one of these homes or if he had some particular heart-felt need to own it, he could have retained one or both. If however they were simply a paper investment made by his former investment manager then I can see why and how he could easily cut his losses by allowing the foreclosure.

Posted at 1:50PM on Nov 12th 2009 by Eaglewerks

4. Can we all say Loser??????????

Next is his vegas home for 9,750,000 million last I looked

Posted at 1:52PM on Nov 12th 2009 by Scott

5. I think Nicholas Cage got a big head and thought he could afford all those houses. I can't believe that whole building was his. I love the French Quarter but not that damn much.

Posted at 2:28PM on Nov 12th 2009 by mddiva

6. When it comes to money management, Nic is a feeble fool.

Posted at 2:16PM on Nov 12th 2009 by Ken

7. His business advisor made bad investment choices that took all of this man's hard earned money. He's not a loser. It could happen to anyone. White collar crime is a big, awful crime with very little punishment or justice.

Posted at 2:10PM on Nov 12th 2009 by Care1

8. What happened to the cash he made from the movie "Knowing?"

Posted at 2:11PM on Nov 12th 2009 by L. Boogie

9. Go home to daddy and discuss a loan over a nice bottle of wine .

Posted at 2:29PM on Nov 12th 2009 by fred

10. Life's rough

Posted at 2:30PM on Nov 12th 2009 by tina

11. GO PICK SOME GRAPES AND RELAX !!!

Posted at 2:34PM on Nov 12th 2009 by TGFM

12. it's just his karma quesadilla for making 8mm

Posted at 2:46PM on Nov 12th 2009 by Ben

13. Nick needs to grow up and take responsibility. He has a 20 something son and he runs around spending like a lunatic? Did you never hear of saving for a rainy day Nick? Did you really need those shrunken heads and Bahamian Islands? Couldn't you have just gone to Club Med like a normal person?

Posted at 2:59PM on Nov 12th 2009 by Tatianna

14. I'm so sorry to hear about his (or anyone else's) money troubles.....it must be devastating.

Best wishes for Nicolas Cage...and don't listen to the angry nonsense on this site....maybe some of their hate-filled spew would be taken more seriously if they could spell or write a grammatically correct sentence.

Again, best wishes for you.

Posted at 3:07PM on Nov 12th 2009 by Luornu

15. Screw you TMZ, you can't prove there are ghosts at Nicholas Cage's mansion. Where's the proof? Show us proof? Videos, photos and more. Oh my !!!

Posted at 4:46PM on Nov 12th 2009 by Ruth Gutierrez

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