November 12th, 2007
How can you owe $23, 212, 963.83 on your home? Michael Jackson can tell you as he’s in default and about to lose his now-abandoned and neglected home, Neverland Ranch. Does he think that just because he doesn’t live there he doesn’t have to pay? I hear through the grapevine Michael thinks he’s special and takes out loans and mortgages he has no intention of paying. Now, the powers that be say there’s still time to sell Neverland if it happens before foreclosure is in effect.
Meanwhile his reps are living in dreamland because they’re denying the report even though TMZ obtained the papers to prove it. $23 friggin million. Really, how does that happen? I’m beyond aghast. Especially since Michael Jackson owes millions in loans all over the world. How is he able to continue living in the lap of luxury and why are people still giving this man credit and loans?
It’s beyond my comprehension.
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