Oh dear Jeezis. Everybody please stay calm and go pour yourself a big tumbler of booze before you get hysterical. That’s right puppies, all the little real estate pigs are flyin‘ because fallen pop icon Michael Jackson has somehow…somehow! managed to rip his tattered, torn and (in)famous Neverland Ranch from the uglee clutches of foreclosure just five days before it was set to be auctioned off on the steps of the Santa Barbara County Courthouse.
You read that correctly…the foreclosure auction has been canceled.
Your Mama can hear all the children screaming and moaning, “Whaaat!?”
No one seems to know how the pale skinned moon walker managed that shocking mortgage miracle, not even the always well informed Fox 411 gossip Mister Roger Friedman who speculates that Mister Jackson may (we said, “may”) have somehow finagled a refinance agreement with Fortress Investments, the asset management company that currently holds the $24,525,906.61 (estimated) note on the 2,900 acre ranch.
We know some of you are tired and tuckered out from this seemingly never ending Neverland Ranch foreclosure saga, but apparently Mister Toad’s Wild Ride is not yet over and Your Mama is sunk way too deep in Mister Jackson’s real estate quicksand to get out now.
Stay tuned or tune out, whichever works for you.