Foreclosures of the Rich & Famous
Actor Nicolas Cage’s Foreclosure Sells Quickly
Tuesday, February 2nd, 2010Actor Nicolas Cage’s foreclosed 14,306-square-foot, Las Vegas home sold the first day it was on the market for $4.95 million. The deal was expected to close this week. Cage purchased the six-bedroom, seven-and-a-half bathroom home in September 2006 for $8.5 million. He owes the Internal Revenue Service nearly $6 million in back taxes, and the [...]
Foreclosures of Rich and Famous People
Monday, November 2nd, 2009Although the rich and famous are rich and famous, it doesn’t mean that they are impervious to the popping of the real estate bubble. Many have succumbed to real estate woes as of late. Ed McMahon had tabloids a talking when his real estate troubles became front page news last year. The now deceased celebrity [...]