Michael Jackson’s Ebony Cover

Thought you might want to see a recent photo of MJ side by side with the Ebony cover. That is some mad photoshop skillz right there !

The Mortgage Lender Implode-o-Meter has obtained a “Notice of Default and Election to Sell” that makes it very apparent that his property is in foreclosure, because the loan and interest in the amount of $23,212,963.83 are way past due. The notice definitely states that “a breach of, and default in, the obligations for which the Trust Deed is security — has occurred” — because payment has not been made.

The document does state that Michael can still offer the property for sale, as long as the deal gets sealed before the foreclosure is wrapped up.

Michael Jackson’s rep says that her earlier statement that “Michael was never in default of the loan” still stands.

Jackson’s Neverland No More

Do you remember the time when Michael Jackson’s Neverland Ranch was filled with laughter, rolling greens and just looked like the ultimate home? Yeah, it’s gone. The King of Pop’s 2,800 acres worth of bumper cars, carousels and Ferris wheels now looks like a ghost town and Jacko has less than 3 months to make good on a $23 million loan.Neverland Ranch once gave jobs to dozens of servants and groundskeepers but now seems like a barren land while the supposed near-bankrupt singer rents an expensive home in Washington, D.C. A formal Notice of Default and Election to Sell was filed in Santa Barbara County recently, otherwise, Jacko can say goodbye to Neverland.