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Tiger Woods -- The $54 Million Mortgage

9/1/2010 10:00 AM PDT BY TMZ STAFF

With the real estate market still in the crapper ... Tiger Woods recently took out a $54.5 million mortgage for the mega-mansion he's building on Florida's exclusive Jupiter Island.

Tiger Woods House

TMZ has obtained legal documents filed in Martin County on August 27 -- four days after Tiger finalized his divorce from Elin Nordegren -- in which he lists himself as a "single man" ... possibly for the first time since his marriage ended.

Tiger also agrees to pay back the gargantuan loan by January 15, 2016. So, it seems there's one group of people counting on Tiger to make a comeback -- his lenders.

According to the docs, Tiger's property spans across three parcels of land ... and as we've previously reported, the estate will include a tennis court, oxygen therapy room, multiple pools and a state-of-the-art fitness center.

For more sports stories, check out tmzsports.com!
110 COMMENTS

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1.

sarah palin bite me    

can't he pay cash for everything?
the house should be able to hold lots of ladderclimbing sluts.

1515 days ago
2.

Cartman    

"Oxygen therapy room" being codeword for "hooker hideout".

1515 days ago
3.

jessup    

Could HIV affect a golf game?

1515 days ago
4.

Anon E Mouse    

$54 million?
Jesus Christ.

1515 days ago
5.

Shuffle Demon    

Well the way Tiger is playing, he may need till 2055 to pay that off...Christ his game has stunk, he had to give the ex a 100 mil, and then god knows how much his Jo's all got paid...and his lines aren't selling like they did...He may need more time then that...anyone want to bet him and Rachel get back together now that he bought a place in NY....Anyone?? Anyone?? ...Buelher....Buelher...

1515 days ago
6.

andrea    

How did TMZ obtain private, confidential information?

1515 days ago
7.

Tricia    

@ Dee Dee are you racist much ??? Albino now waow pretty classy.
What about the little pervert horndog ??? How should we call him now ? A saint or an angel.
Shut up you idiot. Get the facts straight before posting such a stupid comment.
If he's in this mess right now it's because of him and only him. If he can't keep his pants on it's his problem. He should grow up because a 35 year old acting like a 15 year old is very very pathetic to say the least.

The funny thing is this is Elin who designed that huge house. I'm sure his harem of dirty floozies will appreciate the feminine touch !!!!!

1515 days ago
8.

MIDNIGHT TOKER    

If he already has two mansions in Florida,why does he need a 3rd?

1515 days ago
9.

JR Jake    

Having a house is NOT the same as having a home. You blew that one Tiger. You had a GOOD thing now all you have is a structure with multiple walls; which will turn into a maze because the things that matter the most are absent from your life. Have a great fall season.

1515 days ago
10.

either or    

Keep spending you fool. It'll all be gone soon enough....just like your wife and golf game.

1515 days ago
11.

nastynorm    

HE NEEDS PLENTY OF ROOM,FOR ALL THOSE HO'S.

1515 days ago
12.

Jay    

#9 -How did TMZ obtain this private info. Harvey is a big time Lawyer or didn't you know it? As this article starts by saying -"TMZ has obtained legal do***ents filed in Martin County on August 27"

1515 days ago
13.

Ambulance Chaser hater    

We pay Atheletes WAY WAY too much money, WTF.. 54 Million dollars for a house for a single guy? We have people starving, people in New Orleans can't rebuild, but yet we can sure pay basketball, football, and golf athelets millions and millions. Come on American where has our morals going? It's a f**king sport not a job!!! Start paying our teachers millions to teach our kids english, math, and science so they can be productive no a show off.... Tiger can kiss my ass!! OH and so can NIKE! I refuse to buy Nike crap

1515 days ago
14.

Stupid People Hater    

Most rich people do not have access to that much cash. It is probably all invested and he cannot access it until then without huge penalties.

1515 days ago
15.

Jay    

70% of NBA players go broke, and Tiger definitely has the same mentality so better start winning or it won't be long.

1515 days ago
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