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privatecash
2103 Posts |
 Posted - 08/22/2008 : 7:36:35 PM
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Ed McMahon finds a buyer
This from the Associated Press: "Ed McMahon is on the move. McMahon has agreed to a deal with a private buyer for his hilltop home, said Howard Bragman, the former 'Tonight' show sidekick's spokesman."
More: "Bragman declined to name the buyer or the selling price. But he said it isn't real estate mogul Donald Trump, who recently offered to buy McMahon's home and act as a landlord."
The back story, for those of you who somehow missed it, is that McMahon had been unable to sell his Beverly Hills house at asking prices ranging from $7.7 million down to below $5 million and was at risk of losing the house to foreclosure.
http://latimesblogs.latimes.com/laland/2008/08/tumped-ed-mcmah.html
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SoCalRay
2698 Posts |
Posted - 08/22/2008 : 7:50:44 PM
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The Real Trump Mortgage
Foreclosure Bailout |
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ML
4976 Posts |
Posted - 08/22/2008 : 8:15:10 PM
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The new purchaser is only requiring Mr McMahon to shine his shoes once a week, and pick up the dog crap off the lawn, and Ed gets to stay with the landscaper.  |
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homebroker@sbcgl
7369 Posts |
Posted - 08/22/2008 : 9:16:57 PM
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| Now they have to get Countrywide to accept the Short sale, he has a first and second with countrywide a third with some other lender and a fourth loan by a private lender, good luck to them getting the third and fourth to sign off for nothing, they will have to grease the palms of the lien holders some way or another! |
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