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Jacko's Neverland For Sale

Michael Jackson SmallA For Sale sign’s gone up on Michael Jackson’s Neverland Valley Ranch in California.

The property will be foreclosed and sold on March 19 unless the pop star pays a balance of nearly $25 million.

According to reports, Michael has been formally apprised of the foreclosure and that legal documents have also been filed with the Santa Barbara County Recorder's office.

Legal papers state: "You are in default of a deed of trust. Unless you take action to protect your property it may be sold at a public sale."

According to the documents, if he fails to pay the outstanding balance, estimated at $24.5 million, Neverland would be sold to the highest bidder at a public auction on the courthouse steps.

 


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