Celebrities face Foreclosure too
June 11, 2008
Last week, news became public that Ed McMahon faces foreclosure of his Beverly Hills home. He cited a ” set of problems all too familiar to many Americans: a foundering economy, health problems and poor planning”.
Evander Holyfield also faces foreclosure of his 54,000(yes you are reading correctly, fifty-four thousand sq/ft Atlanta area mansion. Although, the Former World Heavywieght Boxing Champion , says estate will not be foreclosed upon.
Chris Iverson, shared CNN’s take Early this year, when the Micheal Jackson, faced foreclosure on Neverland Ranch until a private investment company bought the loan and saved the King of Pop.
Other members of the rich and famous struggling to make mortgage payments are
- baseball star -Jose Conseco
- NBA Star -Latrell Sprewell
- Queen of Soul -Arethra Franklin
- California Congresswoman - Laura Richardson - Democrat Long Beach
This list is only meant to show that the majority of foreclosures are as a result of common real-world problems; Health and medical bills, job loss, divorce, illiquidity, unexpected higher cost of living and re-adjusting loan rates that borrowers did not understand and a decline in house values.
There is nothing to be embarrassed or ashamed about when it comes to short sales or foreclosures. You have options.
For advice, contact your bank or real estate professional to show you the ways to avoid foreclosure and bankruptcy. Don’t worry. Along with millions of other Americans you will be emotionally taxed, but will get through it. I promise.
The following list of experts in foreclosure can help. Don’t hesitate to call.
- Arizona - Valorie Bradley
- California - Eddie Stanfield
- Texas - Joshua Harley
- Illinois - T.J. McKinney
- New York - Andy Kaufman
- Florida - Anita Berger
- Massachusettes - Rich Rosa
- Nevada - Mitch Argon
- Seattle - Lee Brettin
- North Carolina - Susan Robicsek
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Copyright © 2008 By James Wexler, All Rights Reserved. *Celebrities face Foreclosure too*
Contact James Wexler (480) 221-8080 for all your Phoenix Scottsdale area Real Estate needs
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