Pale Rider
02-28-2008, 09:59 PM
First his never, never land child molester ranch in Santa Barbara is set to be auctioned off lock, stock and barrel on March 19th, and now he's in default on another home in Encino....
Records: Jackson Late on Home Payments
2008-02-28 18:35:45
By ALEX VEIGA AP Business Writer
LOS ANGELES (AP) — Public documents show Michael Jackson has repeatedly failed to make mortgage payments on a Los Angeles home that has been used for years by his family.
Documents filed with the Los Angeles County Recorder's Office indicate the reclusive pop star was most recently in default last month on the property in Encino, an area in the San Fernando Valley.
The singer had $153,910 in missed payments as of Jan. 17 on a $4 million loan serviced by Pasadena-based mortgage lender IndyMac Bancorp. Documents dated Feb. 7 show the notice of default was withdrawn.
http://charter.net/news/news_reader.php?storyid=14438018&feedid=241
Records: Jackson Late on Home Payments
2008-02-28 18:35:45
By ALEX VEIGA AP Business Writer
LOS ANGELES (AP) — Public documents show Michael Jackson has repeatedly failed to make mortgage payments on a Los Angeles home that has been used for years by his family.
Documents filed with the Los Angeles County Recorder's Office indicate the reclusive pop star was most recently in default last month on the property in Encino, an area in the San Fernando Valley.
The singer had $153,910 in missed payments as of Jan. 17 on a $4 million loan serviced by Pasadena-based mortgage lender IndyMac Bancorp. Documents dated Feb. 7 show the notice of default was withdrawn.
http://charter.net/news/news_reader.php?storyid=14438018&feedid=241