Conflicting reports are emerging with a representative of Financial Title Co., who filed the notice of default on Michael Jackson’s Neverland Home, said the company had received no information about a deal to save Neverland. Mr. Jackson owes $24.5 million on a loan secured by the property, which is scheduled to be auctioned to the highest bidder on the steps of the Santa Barbara County Courthouse on Wednesday. Meanwhile, Fox News are reporting the auction has been moved to May 14th, at 1 p.m.
Santa Barbara News Press
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