Wednesday, February 27, 2008

Jackson ranch set for auction

Poor Mike.. I never did tell you about the time I went to the Neverland Ranch huh?? That's another story for another day..

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Michael Jackson's Neverland Ranch will be put up for sale at a public auction next month unless the pop star pays the £12 million he still owes on the property.

Financial Title Co. filed the notice of trustee's sale with Santa Barbara County Superior Court, setting the auction date for March 19.

If the property does go to auction, the initial asking price could be higher than the £12 million Jackson owes because of interest and other costs.

Everything from the estate's merry-go-round and other carnival rides, locomotives and sculptures, to the curtains and bath tubs would be up for sale.

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