Foreclosing on Neverland

by Andy on February 26, 2008

Jacko

Better hold onto your Jesus Juice.

Unless he coughs up $24,525,906.61 by March 19th, it looks like Michael Jackson is going to lose his beloved Neverland ranch to foreclosure.

(from FOXNews)

It’s not just the house either. When Neverland is auctioned, it will include everything: all personal property inside, all fixtures and appliances, furniture, and “all merry go round type devices,” any rides, games. The auction literally includes every single thing that is or isn’t nailed down.

I wonder if that includes the infamous adult alarm?

What if no one comes up with a decent bid?

(new owner) Fortress [investments] will likely take possession and list the property with a Santa Barbara real estate broker. Neverland could be marketed as a corporate retreat. Or perhaps a very wealthy new owner will show up and make a fire sale pitch.

Talk about trash out treasure.

Sha’mon!

flickr photocredit: life as art

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