Thursday, April 08, 2010

Another Celebrity who is being foreclosed on

TMZ reports of yet another celebrity having a home foreclosed upon. Nicholas Cage has multiple homes foreclosed upon and so have a number of other celebrities during the economic downturn impacting most people. An actor who had been a star of the show Scrubs for 9 seasons as Dr. Turk although the show like the actors home is on very shaky ground and likely to be gone shortly. Unfortunately Donald Faison owes over a half million essentially the same value of the property and the bank has already started the process to foreclose.

There have been a number of other celebrities as well that have had problems with foreclosure in the past couple years including Nicholas Cage, Evander Hollyfield, Ed McMahon, former NBA star Vin Baker, Wayne, Newton, Stephen Baldwin and LaToya Jackson, Victoria Gotti among others. The real estate blog for Zillow.com maintains a list of celebrities who are going through or have gone through foreclosure.