Georgia Foreclosure Homes

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Former heavyweight professional boxing champion Evander Holyfield is receiving the standing eight count from Fayette County in Georgia, which claims that his $10 million home in Atlanta is headed to a foreclosure auction set for July 1 because he is behind on his mortgage payments.

The 54,000-square-foot mansion comes complete with 109 rooms, including 17 bathrooms, three kitchens and a bowling alley.

But not so fast. The home — located on Evander Holyfield Highway — could be saved after all.

Holyfield had this to say regarding the situation via the Atlanta Journal Constitution:

“Everything is alright with the house now…. I’m not broke. I’m just not liquid.”

The 45-year-old slugger is also apparently behind on child support payments, as well as “running” from a loan worth more than $500,000 that was used to landscape the property in question.

Holyfield has made millions throughout his career as a prize fighter. In fact, he pocketed a cool $34 million to go toe-to-toe with Mike Tyson back in 1997 in what is now referred to as “The Bite Fight.”

That fight cost him a chunk of his ear … this one would cost a whole lot more.

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Location: Forsyth County, Georgia
City: Cumming
Price: $344,900
Zestimateâ„¢: $456,404
Difference: $111,504

Note: Other comparable listings in this neighborhood range from $323,568 up to $456,404. For more property details or to talk to a local real estate agent/broker about this listing CLICK HERE.

This massive five-bedroom, four bathroom home is located in a great neighborhood just north of Atlanta. Some other superlatives:

  • Full basement
  • Bonus room
  • Kitchen with granite countertops
  • Deluxe master bath
  • Two-car garage
  • Fenced-in yard

To check out some of the other “Deals of the Day” feel free to visit our archive.

What’s the deal of the day? We comb through our nationwide database of more than 1.2 million distressed real estate listings to showcase some of the best investments available on our Web site each morning. These listings represent just a small fraction of the amazing investment opportunities available at Foreclosure.com. To find more bargains like the one pictured above search Foreclosure.com or sign-up for FREE Email Listing Alerts.

November 27, 2007 by Foreclosure.com | No comments

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