Ed McMahon is fighting to save his home from foreclosure
Ed McMahon is fighting to save his home from foreclosure.
The comedian is facing foreclosure on his multi-million dollar Beverly Hills, California mansion after he fell behind with his mortgage repayments.
McMahon reportedly owes $600,000 in overdue payments and a repossession company has filed a default notice on the property – meaning he could now lose the house altogether.
The 85-year-old has been out of work for 18 months after breaking his neck in a fall. He has been attempting to sell the $6.25 million home for two years, but the weak property market in the state has meant no buyers have come forward.
Alex Davis, the agent hired by McMahon to sell the property, has also blamed the house’s location on the lack of interest from buyers – as its close proximity to Britney Spears’ home has been putting people off.
He says, “When we were trying to sell the house one time, there were about 100 paparazzi there.”
WENN
June 4th, 2008 at 1:19 pm
come on already fork this dude over some money…. anyone???
June 16th, 2010 at 5:17 am
Real estate joke time! Hey if you want to know exactly where the property line is, just watch the neighbor cut the grass.