Showing posts with label Neverland Ranch. Show all posts
Showing posts with label Neverland Ranch. Show all posts

Thursday, March 13, 2008

Neverland Is Saved!


Neverland Ranch has been rescued from foreclosure! Michael Jackson has refinanced Neverland just in time to save it from a public auction scheduled for March 19th.

Jackson attorney L. Londell McMillan said that the King of Crazy has worked out a "confidential" agreement with Fortress Investment Group, LLC.
"Neverland and MJ are fine," stated McMillan.

Jackson hasn’t been to the 2,500-acre estate since 2005. Now that Neverland has been saved, I wonder if Wacko Jacko is ready to call it home again.

Wednesday, March 12, 2008

Neverland May Have A Buyer


According to Real Estalker, 20-something "tycoons" have bid on Michael Jackson's Neverland Ranch, which recently was up for foreclosure. The mystery buyers are willing to pay up to $30 million for the property that they would then lease the back to Jackson.

I don’t know why they would want to lease the property back to Jackson? It would make more sense to turn it into a tourist attraction or fix it up and flip it to another buyer.

Michael hasn’t even been to Neverland since 2005. I don’t think he wants to go back especially not as a tenant.

Thursday, February 28, 2008

Goodbye Neverland!


Michael Jackson's Neverland Ranch is up for sale. The sprawling Neverland estate is set to hit the auction block on March 19. The "King of Crazy" must drop down $24,525,906.61 by the sale date in order to save his home, which he hasn’t lived in or even been to since 2005.

The auction will go down live in front of the Santa Barbara county courthouse. They lucky buyer will get the house and everything inside which includes: fixtures, appliances, furniture, rides and games!

For just shy of $25 million, it’s like getting a miniature version of Dollywood. If I had the cash I’d buy it… for real.