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New Owner of Candy's House

Got Money from Mommy

7/17/2011 6:00 AM PDT BY TMZ STAFF

The 22-year-old woman who paid $85 million for Candy Spelling's estate took out an $82,434,060.42 loan -- from her mother!

0715-petra-mansion-ex
TMZ has obtained the deed of trust -- filed with the Los Angeles County Recorder's office -- which shows Petra Ecclestone became the proud owner of Candy's 57,000 square foot mansion on Thursday.

The docs show Petra borrowed all but $2,565,940 (our calculator ran out of numbers for the cents) from Slavica Ecclestone, her mom.

Slavica is flush with cash, because her ex-husband Bernie is a billionaire Formula One mogul and she did well in the divorce settlement.

The good news for Petra -- she won't have to borrow much more from her mom, because sources tell us she's only going to make cosmetic changes to the mansion, leaving the bones in tact.



51 COMMENTS

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1.

Cartman    

I knew she couldn't afford that place without a loan.

1172 days ago
2.

Sin D    

I saw her at Family Dollar the other day.

1172 days ago
3.

Me    

If it's a loan what does she do for work that she can afford to pay that back? The parents money keeps getting mentioned but what does this girl do for a living?

1172 days ago
4.

Me    

What the hell is wrong with her nose? It looks like one of those rubber balls clowns stick on the end of their noses.

1172 days ago
5.

AT    

She's Still Hot Bro, I Find her to Be Very Attractive. The Matters of The Heart, this is Grown Folk Talk. Get With It r get lost. -Rez

1172 days ago
6.

joey _ I love TMZ 'til ya piss me off!    

Now what's her Mommy going to get her for Christmas?


Oh yeah, Hi "Balls" you have been missed. I have been off the radar for a short while, but good to see you're back!

1172 days ago
7.

heather    

**** my life

1172 days ago
8.

Superman    

Plastic surgery pretentious slut come to mind.

Of course, she had to get money from her parents. The only thing she does is skank it up at nightclubs.

1172 days ago
9.

mth    

I believe that last sentence should end with "intact" and not "in tact." Nice try, though.

1172 days ago
10.

SLH    

they should confiscate that property and convert it to housing for victims of the financial crisis. not one entitled brat

1172 days ago
11.

Yes    

"Intact" is one word, not "in tact."

1172 days ago
12.

TMZgossip    

ho hum
it's a shadow mortgage. it is only there in case she gets sued or ends up with a hubby that tries to go for 1/2 of her $$. Se just turned a $85 M asset into a liability.

1171 days ago
13.

Bubbles The Chimp    

Now her father will turn this house into a Nazi fortress. Her family are bloody Nazi sympathisers.

Mel Gibson is rejoicing at his dinner invitation.

1171 days ago
14.

nuttynellie    

If she doesn't work how can she pay back the "loan" ?

1171 days ago
15.

KP    

I recall this home was almost the 8th Wonder of the world when Aaron Spelling built it some 30 years or so ago not because of its size, which was nothing to sneeze about, but because of its price tag. It was built for $25 million which was considered the most expensive home in the world at that time. So Candy didn't do too badly even though she didn't get the original asking price of $150 million she wanted. To put things into perspective, the most expensive home for an entertainer in 1959 was Jackie Gleason's Peekill home that was reported to be $100,000. My parents home at the time was worth $8,000.

1171 days ago
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