Report: Michael Jackson Neverland Ranch on verge of foreclosure

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It appears that “The King of Pop” music, Michael Jackson, is getting closer to losing his sprawling Neverland Ranch estate located in Los Olivos, Calif., to foreclosure.

Here’s the latest from FOXNews.com:

“According to sources, the mortgage broker trying to find refinancing for Jackson on a $23 million loan held by Fortress Investments using Neverland as security has so far come up empty. There is literally no interest from anyone in saving Jackson in this situation. If Neverland is not refinanced, Fortress can foreclose and sell the ranch at auction. “

Back in November 2007 we first passed along news that foreclosure action was possible on the massive home located at 5225 Figueroa Mountain Road in Santa Barbara County. To check out the listing on Foreclosure.com click here.

The report indicates that Jackson’s Neverland Ranch “may be vulnerable to foreclosure next Friday [January 18].” Stay tuned for more details.

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Comments

  1. Well, Michael is probably too busy maintaining his lifestyle to worry about his estate. Poor giraffes…

    Colleen

  2. Draper says:

    Poor, Psycho Michael.

  3. Mark Battles says:

    Actually, my company was one of the company’s who were set up to do the financing on this project. We had a deal lined up to bail him out of the foreclosure but unfortunately the people handing his real estate wouldn’t produce the required documentation to fund the deal. We are fairly certain that the client was unaware of the loan programs which were available to him, or the other alternative financing options that could have been presented in order to rectify his foreclosure situation.

  4. yoshira says:

    its too bad that this is happening to him. i am sure anyone who is going or has in the past gone through foreclosure knows how devasting this is. I am routing for you Mike to be able to save your home.

  5. alex says:

    dam you are ugly hahahahahahahahahahahahahahahahahahahahahahahahahaahahahahah

  6. Peter says:

    Damn, he turned into one of his monsters in “Thriller” … What the hell is wrong with this guy or should I say “thing” … People have been locked up in a padded cell for less.

  7. hayley says:

    DAMNIT PEOPLE!!! LEAVE MICHAEL ALONE! all he ever did was show the world the meaning of love is (jesus did the same thing 2000 years ago and suffered the same persicution)
    you all should be thanking michael right now!!! he is the one who showed the world what real music is. he is a legend. and let him look how he wants too look. he did so much for us and the least we can do is support him on how he might want to look! it is his body and HIS choice. and besides if you hate him soo much why you looking at this stuff?

    I LOVE YOU MICHAEL!! YOU ARE NOT ALONE!
    ♥hayley♥

  8. ntando pro ngubane says:

    well may you rest in peace my dear brother, your spirits will always leave on…… i love you and will always do.

    you inspired me…… to leave my life to the fullest.

  9. rocio says:

    rest in peace mj god bless you

  10. katelynn says:

    R.I.P
    REST IN PEICE I LOVE YOU SOOOO MUCH MJ

  11. holia says:

    well may you rest in pease my grand sister,you spirits always leaave on…..i loooooooooove you

  12. Cari says:

    Michael you danced your way to the top, you showed us moves that were believed impossible. You were treated unfairly and misjudged while trying to live the childhood that was stolen. Rest in Peace Michael, may your music live on. Love You Always.

  13. silvi says:

    May you rest in peace, Michael. You are a true legend – the king of pop! You left this place on earth, but you’ll always be in our hearts. @–>—

  14. Alix says:

    Rest in Peace Michael. You will be missed dearly.

  15. Sean Wilson says:

    God bless our Inspiration and our Hero…x

  16. Æ$h says:

    That was a great lo$s for us:’(

  17. dorilda rucci says:

    Michael Jackson! what can I say?…. you are and will be forever the best dancer…. sexy, elegant, perfectionist, gracious, interesting, intelligent, and you had the best invented steps we will ever see. Your music is awsome!

    too bad you had to leave us so soon, at the pick of your career.

    I can’t wait to see your last performance in “This is it”

    I hope they show everything really soon.

    Love you Michael!!!!

  18. ABIGAIL says:

    WHAT I CAN SAY? YOU ARE VERY BEAUTYFULL

    YOU ARE VERY GOOD PERSON AND A SINGER

    YOU ARE NOT HERE WHIT WE

    I REMEMBER YOU FOR EVER

    YOU ARE THE KING OF POP

    I ABIGAIL

    I´M ARGENTINIAN

    I LOVEEEEEEEEEEEEEEEEEEEEEEEEEEEE MICHAEL

  19. I LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOVE MICHAEL JACKSON YOU SOOOOOOOOOOOOOOOOOOOOOOOOOOOOO SEXY I WILL ALLLLLLLLWAYS LOVE YOU

  20. I hope all prayers that were ever said for you are answered. You
    were a celebritical victim if there’s such a word, and you were loved by
    many because of your love for music and children, and will be best
    remembered for it. God bless you.

  21. marjan zahaki says:

    I AM A GIRL FROM IRAN AND I LOVE MICHAEL WITH ALL MY HEART ..

    he was gone too soon

    and made the world cry

    losing him was a heartbreaker

    we never can say good -bye

    michael is alive and the world will never forget him .he is the king of pop and best man in the world..I CAN NOT FORGET HIS SMILE AND HIS KIND FACE…i can not stop crying.

    you are not alone michael ..we love you for ever…

  22. mukesh says:

    u have left so early.

  23. swapna says:

    i love…………………………………. yu.so much.iam big fan of micheal.and i like him so…………………………………………………….much.

  24. 99 says:

    i LOVE YOU

  25. REST IN PEACE AND HAVE FUN WITH ALL OF THE CHILDREN AND ANGEL IN HEAVEN, I KNOW YOU ARE INNOCENT OF ANY OF THOSE HORRIBLE CHARGES, YOU ALWAYS WAS AN INNOCENT CHILD YOURSELF. IF THIS UGLY WORLD WOULD HAVE A CHRISTLIKE HEART AND A CHILD LIKE HEART LIKE YOU DID, THIS WORLD WOULD BE FULL OF LOVE AND PEACE. PRAISE GOD YOU WILL NEVER BE LONELY OR UNHAPPY EVER AGAIN. LOVE YOU AND MISS YOU MICHAEL SEE YOU AND ARE HEAVENLY FATHER IN HEAVEN SOMEDAY, LOVE FRANKIE SUE

  26. well all my love falls with u uncle peace,peace to my black side

  27. Janine says:

    Michael
    You were you are and you will always be my STAR my KING
    I love you so much
    Rest in peace

  28. Michael, we love u, dead or alive.

  29. alina says:

    Michel I know you were a priest of your times.. your music is forever.. make me dance sing rejoice learn, always learn more from your lirics.. you are forever! I love you!

  30. Jose Rios says:

    Michael fue, es y sera el mas grande en la historia de la musica Pop, asi mismo su gran amor por el projimo, la vida y la naturaleza fue algo que lo caracterizo de los demas.
    Te amamos y seguiras vivo en nuestros corazones y nuestras mentes que vieron tu arte y talento.
    Que Dios te bendigue

  31. Benito says:

    Que dios te bendigue o Michael

  32. MARIFER says:

    Me encanta tu musica tuya me fasinava mucho y me asias desmayarme te amo michel jackson

  33. yilda says:

    michael yo te amo com todo mi carazom por q te fuiste tan rapido yo sienpre quise con serte q dios te cuides en donde estes te quiero muchiiiisiimisimo

  34. lisa michaux says:

    it you good blue too like you love you>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

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