#navbar-iframe { display: none !important; } HOUSE OF GLITZ...!!!: Evander Holyfield’s estate faces foreclosure again

Thursday, June 25, 2009

Evander Holyfield’s estate faces foreclosure again

Now this becoming a reoccurring theme, it's apparent this man can't afford this property anymore. If he was smart he would have tried to sign on for a Reality deal or something to try to get some cash. But then again who would actually watch it?

For the second time in a year, Evander Holyfield’s palatial Fayette County estate is under foreclosure.

A notice published last week in the Fayette Daily News revealed the former heavyweight boxing champion is in danger of losing his 109-room Fairburn mansion. The lien holder is demanding full repayment of the original $10 million loan, with an auction scheduled for July 7 on the Fayette County Courthouse steps.

Holyfield was able to strike a deal to stay in his home, which sits on 235 acres just south of the Fulton County line last June. A year to the date almost he has the same problem the 46-year-old Holyfield also has a second Fayette property, at 592 and 596 West Bridge Road, under foreclosure, with an original loan amount of $216,000.

Holyfield has grossed more than $248 million in the ring, but two divorces, several failed business ventures and child support payments believed to total $500,000 annually have taken a toll on his financial well-being not to mention he is a father of 11. "The Biting Is On The Wall"

2 comments:

Anonymous said...

I BET EVANDER CAN'T SPELL DUMMY!!!!

House Of Glitz said...

ha ha ha!!! What a loser right~~ all that money and all he have is a foreclosed home too show for it

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