Michael Jackson Leasing a Home for $100,000 Month

These days, leasing is all the rage, at least for those looking to cover their mortgage payment without actually selling their home.
And now the King of Pop, who narrowly escaped foreclosure on his sprawling Neverland Ranch, is getting on board.
According to an article in the LA Times, Michael Jackson has signed a one-year lease for [...]

List of Celebrity Foreclosures

The following is a list of celebrities who have faced foreclosure in the last year and change. Sadly, this list is likely to grow as time goes on, and I’ll do my best to update it frequently, as needed.
Keep in mind that the celebrities on this list may not have actually lost their home, [...]

Extreme Makeover Home Listed, Then Taken Off Market

Less than a year after it was built, a home newly constructed by the “Extreme Makeover: Home Edition” team was listed for sale.
The Pennsauken, New Jersey property was built in less than a week by thousands of volunteers last summer as a favor for a man and his five sons who were apparently living in [...]

Canseco Loses Homes to Foreclosure

Former MLB slugger Jose Canseco has walked away from his mortgage amid slumping real estate prices and hefty legal fees, according to the Wall Street Journal.
According to the WSJ, Canseco purchased the 7,300 square-foot Encino, CA home for $2.8 million in 2005 with a Washington Mutual loan, but it later fell into default in October [...]

Neverland Ranch Faces Foreclosure

The loan tied to the 2,700 acre Santa Ynez Valley ranch-cum-amusement park owned by Michael Jackson is apparently in default.
If the $23 million dollar loan and subsequent interest (believed to be $212,963) aren’t made up-to-date, there is a chance that the property could be foreclosed upon.
It’s unclear what type of financial shape Michael Jackson is [...]

The Real Beverly Hills 90210 House

Yes it’s cool, but no, the house isn’t really in Beverly Hills, California.
The picture above is a screen shot of the famous Walsh home that served as a landmark for televisions viewers worldwide during the 90210 years.
The house is depicted by a little white asterisk but you should recognize the home regardless.
The real location of [...]