Latest Celebrity Foreclosure: Pacman Jones Losing Tennessee Home
If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
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.
Commercial sales are up in Miami, but not for the benefit of the seller. Many sellers cannot get the ...
I have never visited a "Haunted House" but I think that I would like to. Do you know of ...
A local real estate in Nice estimated this property 2 years ago for only 280 Million euros.
villa Palm Beach on ...
I think the world changed in mid-September with the Lehman bankruptcy and related fallout. Had we just continued on a ...
Too bad "Asia" doesn't mean Chinatown DC! 
Its true that prices are down and its a buyers market but if the lending community does not change the ...
Ha that is way funny, but hey if it works why not use it. People like that are the ...
Hey wait a minute -- did you say illegal and aliens and loans in the same sentence? First of ...
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)