Saturday, March 15, 2008

Jackson’s Neverland Ranch Ready to Be Sold

A public auction of Michael Jackson’s Neverland Ranch has been scheduled for May 14th. Jackson recently went into default on the $24.5 million that he owes on the 2,500-acre property. Jackson is currently considering whether he wants to refinance or sell the property before the auction happens. He already moved out of the property more than two years ago.

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