Latest Celebrity Foreclosure: Pacman Jones Losing Tennessee Home
The of the rich and famous is fraught with keeping up with the Jones. When you are Pacman Jones, keeping away from law enforcement is a full time job.
The latest law enforcement official to knock on Pacman’s door is the sheriff with the foreclosure notice of his Williamson County, Tennessee home. The bank has formally notified the disgraced football player, currently on the Dallas Cowboy roster, that they have foreclosed on his loan.
Maybe MTV will have a new show. Cribs:Foreclosed.
The Tennessean, a Nashville newspaper, reported that the former Tennessee Titans’ home is in foreclosure. The Williamson County Register’s Office says Jones took out two mortgages to pay for the house in 2006 — one for $1.26 million and the other for $157,500.
The newspaper reported Thursday that a notice of foreclosure sale came after Jones defaulted on the terms and conditions of a mortgage with U.S. Bank. via UPI.com.
Hmm.....interesting. Of course, I would love to see the real estate market bounce back as quickly as possible, but just ...
I live in the Philippines and I am glad we are not on the lists... 
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I see the question I have, but no response. I do not have a for sale sign up ...
I'll add mine to the list too. This is happening in Kansas City, Missouri as well now.
We already knew ...
I truly feel that the real estate market will not see a rise or increase until the national economy starts ...
I am currently sitting on an international hedge fund that is investing 100% of an income generating property. Proof ...
Here is one from last week claiming thier son died. Sick.
Good Day,
Please excuse my late reply but I couldn't respond ...
I received the same "Lagos,Nigeria for an international Christian follower’s crusade" email as the post above for a rental place ...
FINALLY, someone agrees with me about the constant traffic problems in the DC metro area. The main problem...archaic freeways and ...
Comment by Mike S. Texo Properties on 24 June 2008:
It is important to understand that he is not foreclosing on his property because he is broke. This is occurring more frequently than one might think. Speculators who purchased investments properties back in the real estate boom are now abandoning their investments and saying “oopps, I made a bad investment. Here you can have it back now”. People like Pac-Man have the money to pay their mortgage, but are choosing not to because they realize now that it was a bad investment. This is happing all over the country and it makes me sick that nobody is recognizing it and doing anything about it.
It’s a new day, new deal, new opportunity
Mike S. – Texo Properties (www.texonc.com)