McMahon Home Woes Persist

Anonymous buyer makes deal for Carson sidekick's mansion

(NEWSER) - Donald Trump won't be buying Ed McMahon's home after all, the AP reports. An anonymous buyer has made a deal to purchase the longtime Carson sidekick's foreclosure-threatened home. Trump had made an offer on the multi-million dollar Beverly Hills house after it became known that the 85-year-old McMahon was about to lose his home, having fallen $644,000 in arrears. More»

Really, who doesn't need a place to put 1,000 shoes?

(NEWSER) - If you have the money to trick out your house with a private waterpark, three bomb shelters, your own runway, or a baseball diamond…why wouldn’t you? The Frisky lists the nine most ridiculous celebrity mansions:

• Bill Gates: If you stay at his place, you get a chip so that every room you walk into will adjust to your preferred temperature.
• John Travolta: He has a Boeing—and a 7,500-foot private runway so that he can park it right up against his house—at his vacation home.

Jacko, Canseco, Ed McMahon fight for roofs over their heads

(NEWSER) - Even the famous aren't immune to foreclosure, as these celebrities, listed in Forbes, prove:

• Xzibit: A pimped ride hasn’t been enough to pay the bills on his $536,000 Woodland Hills, Calif., home.
• Jose Canseco: The ex-ballplayer, who penned a book on big-league steroids, stands to lose his $2.5 million home in Encino, Calif.
• Veronica Hearst: The wife of late publishing bigwig Randolph Hearst bid farewell to her $40 million Manalapan, Fla., mansion.

Trump bails out Ed McMahon

(NEWSER) - Billionaire Donald Trump is giving a helping hand to 85-year-old Ed McMahon, who was about to lose his Beverly Hills home to foreclosure. Trump is buying the 6-bedroom house, listed at $4.6 million, and leasing the property back to McMahon so he can continue to live there, the Los Angeles Times reports. More»

Lawyer's $445 tax mistake puts Franklin's Detroit pad at risk

(NEWSER) - Aretha Franklin’s mansion is in foreclosure after the Queen of Soul flubbed her taxes, TMZ.com reports. Franklin owes $19,192 in back taxes, but she says she’ll pay before the March 31 deadline. The singer faults her lawyer for a 2005 mistake over $445 in taxes and late fees that pushed the Detroit home, valued at $712,000 into foreclosure. More»