I think we will file this under: “News of the Weird”, but I was stunned to see that even Michael Jackson has been unable to escape the clutches of the expanding foreclosure crisis. Apparently, The King of Pop’s has joined the thousands of homeowners across the country who are losing their homes to foreclosure.
Apparently, Jacko owes $24.5 million on the property and the county is planned to foreclose for non-payment of back taxes. The property is scheduled to be auctioned at the courthouse steps on March 19.
Michael - Contact our resident foreclosure and short sale expert, Bart Marchioni, right away. He can help you out.
For all you readers out there, help a reclusive, aging pop star out, go buy a 25th anniversary edition of Thriller. On sale now!
For CNN’s take on the story, click here.
Thanks for reading
Tags: foreclosure, michael jackson, neverland, short sale
?RE: Any thoughts on the feds (in)activity this morning?? August 5 at 9:46 pm 
�Good news, your equity line and business line of credit rates remain the same as yesterday, as the Fed held short-term rates steady today. Why? Because despite unemployment concerns, the economy is doing fine (1.4% growth year to date-- thank you exports!), core inflation is under control at this point, gas prices have dropped over 6% recently and it's more prudent to maintain a steady helm when the economy appears relatively balanced. Eric T. Trailer, Principal
