Neverland Ranch is in Foreclosure

by Deidre Woollard (RSS feed)
Nov 7th 2007 at 12:02PM

We've been hearing rumors about this for a while but now it's official, Michael Jackson's Neverland Ranch is in foreclosure. The Implode-O-Meter has the November 5th, 2007 Foreclosure Detail Report for Santa Barbara county which shows that as of October 12, the King of Pop owes $23,212,963 on a $23,000,000 loan. Since his trial, Jackson has spent almost no time at the home, instead staying in hotels and rented homes around the world. It's unclear whether he can't pay the bill at this time, or just won't.

Jackson isn't the first celeb to face foreclosure, it's happened to Whitney Houston, Michael Madsen, Don Johnson and Courtney Love. This, however, is far and away the largest debt we've seen.

Gallery: Celebrity Foreclosures

Jeana Keough from the Real Housewives of Orange County

[via TMZ]

Tags: foreclosure, michael jackson, MichaelJackson, neverland ranch

Filed under: Estates, Celebrity Shopping

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Reader Comments (Page 2 of 3)

Janis Nov 10th 2007 10:26PM

Oh what wicked web we weave when first we practice to deceive. Honestly, I'm pretty sure that none of us are perfect and I'm sure none of us could handle all of the problems and temptations that come along with the fame and fortune that these folks in the limelight have to endure, I know I couldn't. Face it their lives are under a microscope 24/7 and the puplic eats it up to know that another "STAR" has fallen. Stars don't get to stay in the limelight for long if they don't make a mistake now and again. Even the best laid plan can backfire. Rely on you conscience and do what is right, Mike, you'll get through this. It may not be pretty but it will be for the best.

Daisy Rodriguez Nov 11th 2007 10:23AM

I beleive that this man is was very famous and loved by everyone, his reputation has really had a paramount of knock outs, needless to say that he might or might not be guilty, but that is still to be proven or basically im confused and dont know what to beleive, I think he should just stay out of the spotlight permanantely, for he didn't do a good job proving his innocence,i am a fan dont grt me wrong, but now my emotions are shallow as far as mike goes....

Wayne White Nov 10th 2007 10:57PM

This is not about race............ It's about a sick bastard that is getting what he deserves. He skated from the courts and had to leave the country. Too bad he went to the world's biggest pedophile country.

Burn the place down. Terrible things happened there.

Me Nov 10th 2007 11:20PM

I agree with that the race card has no play in this discussion. I personally believe he is a sick man and should be punished accordingly, but we all know if you have money in our country you are above the law in many cases...not all, but many cases. It sounds like he didn't pay on purpose to me. The banks are the ones that are left holding the bag on this one. Hope they can find a buyer for such a white elephant.

nightowl Nov 10th 2007 11:26PM

Maybe Liz Taylor or the Presley "BITCH" can come to his aid and bail his ass out. I'll hang the m-t-e-f-c-e- and furnish the tree and rope. Or the gun and a bullet. Fact is this freak needs to be put out of his misery and I'm willing to help him out. He's breathing good air.

jim Nov 10th 2007 11:32PM

To nightowl----
Come on now nightowl. I feel you are holding back. Tell us how you really feel...LOL

Laiconna Nov 10th 2007 11:38PM

12. COULDN'T HAPPEN TO A NICER WHAT THE HELL EVER HE IS...MAYBE THE DOG FIGHTER AND THE MURDERER O.J. CAN GIVE HIM SOME ADVICE!LOL
*********************************************************
Perhaps we could ask Robert Blake or the hundreds of other white men and women who have murdered people. Oh, there's john gacey who murdered dozens of boys and buried them under his house. Oh, forgot Dahmer the brain and heart eater. But far be it from me to suggest that all murderers are white. Hope I never become that stupid!! How come you're not in Iraq fighting for your country instead of posting inane messages. Inane means stupid, silly, dumb. I'm so sure you don't know the meaning of the word.
http://www.freewebs.com/galleryshops/intimateapparel.htm

Lita Nov 11th 2007 12:05AM

The dimwitted J. Barfalo (No. 2--8:26PM on Nov 10th 2007) says, "Like the old axiom goes - blacks will always act like blacks and people may not be interested in buying a pedophile's house."

Then I guess whites will always act like whites--Ted Bundy, Pamela Smart, Mary Kay LeTourneau, John Wayne Gacy, Jeffrey Dahmer, Kenneth Lay, Britney Spears, Lindsey Lohan, Mel Gibson.... The list goes on and on.

How do you like your own stupidity reflected back in your face?

No doubt about it--Michael Jackson is one sick, disgusting cretin, but it is not a function of race. Please pull your head out of your anus.

Brainchild Nov 11th 2007 12:18AM

When will everyone stop protecting celebrities?? If he's a criminal - Lock Him Up! If he can't pay his bills - Foreclose! Not ONE of you idiots knows these people, but you'll be the first to pronounce them innocent... just because they are "celebrities"! Athletes, movie stars, politicians, etc. are people, like you & me!!! They do stupid things! They make mistakes!! Why does everyone have sympathy for them - just because we know their names?? If the dumb-ass can't pay his bills - so be it!
Personally, I hope the little jerk gets his right mind back, someday, so that he can wallow it the disgust of what his life is, compared to what it could have been.

Jim Nov 11th 2007 12:23AM

2. Like the old axiom goes - blacks will always act like blacks and people may not be interested in buying a pedophile's house.

I particularly dislike the racial tone of this post. I am as White as they come but am certainly not Racist and apologize for this clowns remark.

don Nov 12th 2007 8:33PM

JACKSON AINT NO FOOL. HE OWES MORE THAN IT'S WORTH. HE'S NOT GOING TO PAY ANY MORE TAXES IN CALIFORNIA AFTER WHAT SANTA BARBARA D.A.'S DID TO HIM. THIS WAS ALL PLANNED OUT. I CERTAINLY DON'T BLAME HIM FOR DOING THIS. F_CK SANTA BARBARA...YOU AINT GONNA GET ANY MORE TAX MONEY FROM ME.
JACKSON HAS NEVER BEEN CONVICTED AND YOU STILL WANT TO CALL HIM A PEDOPHILE. WHO'S THE SICK BASTARD HERE? THEY SHOULD HAVE GIVEN HIM THIS PROPERTY FREE AND CLEAR FOR HIS PAIN AND SUFFERING. GOOD JOB MICHAEL!! DON'T GIVE SANTA BARBARA ANOTHER NICKEL.

SINCERELY,

THE WHITE DUDE!

William L. Burkhardt Nov 11th 2007 12:46AM

Michael gave a lot of us pleasure in the past. We all know he had a very strange childhood; unlike anything we could possibly imagine. Maybe his love of young boys is just a yearning for something he never had...a real youth. Let's not be to hasty to judge this poor man. With all his fame and wealth; would you change places with him?

Brainchild Nov 11th 2007 12:39AM

The other aspects of his 'life' have nothing to do with this. I don't care who or what he is or was. If he can't pay for what he bought, it goes back! Period!! I don't care if he's green, orange, purple or blue. We have rules that we are ALL expected to live by.
I happen to live in Illinois, where we just locked up our former governor. The media can only talk about all of the good things that he did. Who cares??? He's a criminal!!! Past, future... who cares??? He broke (SEVERAL) the law! I don't care about his personal life. I don't care about what he's done.
Hitler had a GREAT plan for Germany! Jeffrey Dommer probably did some good things! I'll bet that if you look around, you'd find that Charles Manson was a great guy!!
WAKE UP PEOPLE!!!! They are rich, fat-cats who think they are above the law! And people like YOU make them feel that way!!!

William L. Burkhardt Nov 11th 2007 12:38AM

Keep the faith, Michael. Right on.

June Nov 11th 2007 12:40AM

Just leave hiom alone He has enough problems just being Michael Jackson

iluvjacko Nov 11th 2007 12:44AM

I wish Michael all the best in recovering after the unjust lawsuit brought against him. He should sell the Neverland ranch and maybe begin another project. MJ4Ever!

pat banks Nov 11th 2007 12:53AM

to all racist who made comments.... watch NBC'S pREDATORS TO SEE WHAT RACE HAS THE MOST SICK PEOPLE...Watch the newa to see the caucasian mnales getting away with every conceivable crime on the books. Jackson is the most public, but there are thousands out there all over the world. Lotsa white folks losing their houses too, so I hear (chuckle0

lisa marie Nov 11th 2007 1:00AM

What do the racial remarks have to do with this article. I'm tried of the black/white racial games. You know there are plenty of other races in this world

Brainchild Nov 11th 2007 1:11AM

Hey, PAT BANKS...
Learn to spell - or learn to blog when you're NOT drinking!

JEWELS Nov 11th 2007 1:17AM

J. Barfalo...you are an IDIOT! What does foreclosure on a house have to do with Michael Jackson being Black. Jackass!!! PO' WHITE TRASH!!! Get a life stupid biatch!!! Perhaps your mortgage company can't forclose on your house; if you have one, because its on wheels. Where's your trailer park? Eat sh.. and die, you worthless piece of trash!

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