Never Never land
US credit crisis even affects Mr Whacko Jacko himself....
Michael Jackson’s home was scheduled to be auctioned off this week because of the $24.5 million that he owes on his mortgage for his Neverland Estate in Los Olivos, Calif. However through a “mutual agreement” with his creditors, the auction has been postponed to May 14, according to the Associated Press. The postponement will give Mr. Jackson time to refinance or sell the property, the AP quotes Mr. Jackson’s attorney as saying.
Michael Jackson’s home was scheduled to be auctioned off this week because of the $24.5 million that he owes on his mortgage for his Neverland Estate in Los Olivos, Calif. However through a “mutual agreement” with his creditors, the auction has been postponed to May 14, according to the Associated Press. The postponement will give Mr. Jackson time to refinance or sell the property, the AP quotes Mr. Jackson’s attorney as saying.
