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"

More Foreclosure details Click Now

"OH HELL TO THE NAW" HOLYFIELD HOUSE UP FOR FORECLOSURE..!!

Is this Mother Fcker broke?? The mother of Evander Holyfield's 10-year-old son — one of nine children he's fathered — says

the boxing icon has missed two child-support payments, filing a petition for contempt in the Fayette County Superior Court.

Toi Irvin, who lives in Clayton County, said she was told by Holyfield's representatives not to expect the payments — $6,000 total — for May and June. June's not over yet what's up with that?? but then again house in Foreclosure means no money right.

"It wasn't so much that he didn't pay," said Irvin's attorney, Randy Kessler. "She was told they didn't know if she would be paid at all."

The former heavyweight champion appears to be in serious financial trouble. His palatial estate in Fayette County is under foreclosure, according to a legal notice that appeared in a local newspaper, and is set to be auctioned by Washington Mutual Bank on July 1. The home is worth an estimated $10 million. Holyfield, 45, declined to comment on the child-support allegations and the foreclosure. He is also being sued by a Utah consulting company for failing to repay a $550,000 loan. The lawsuit, filed 15 days ago in U.S. District Court in Salt Lake City, said Holyfield borrowed the funds to pay for landscaping on his 235-acre estate. Holyfield referred all questions to his attorney, Fred Gardner, who could not be reached for comment. Kessler said his client also wants assurances that Holyfield has maintained a trust fund for Evan. Holyfield has been trying to secure another heavyweight championship, last fighting on Oct. 13, 2007. He was defeated by Sultan Ibragimov, though he made it to the 12th round, and said he plans to fight again. It's not known how much money Holyfield accrued over the years. though he received $34 million to fight Mike Tyson in the infamous ear-biting bout in 1997. In his book, "Becoming Holyfield:

A Fighter's Journey," the ex-champ wrote, "I'd made over $90 million in the short time [of the marriage to Janice] and, as things too often do, it came down to money because we didn't have a prenuptial agreement"

Apparently this fool didn't keep any of this money. ************************************************************************************ HOUSE OF GLITZ: He sucks!!!..DEADBEAT DAD got all them Dam kids...But Real Talk I'm bidding on that house for 10 mil...NOT..!!