Report: McMahon Fighting Home Foreclosure

PlusReport: McMahon Fighting Home ForeclosureReport: McMahon Fighting Home ForeclosureThe Associated PressEd McMahon, who for decades appeared as Johnny Carson's sidekick on 'The Tonight Show,' is fighting to avoid foreclosure on his multimillion-dollar Beverly Hills home, according to published reports. (June 4)NATS UP-- COMMERCIAL He made a career out of helping Americans' dreams come true... But now Ed McMahon is reportedly the one in need of help. Johnny Carson's longtime sidekick on "The Tonight Show" is allegedly in danger of losing his Beverly Hills, California mansion. The Wall Street Journal first reported McMahon is close to 650-thousand dollars behind in payments on his nearly 5-million dollar mortgage. The former "Star Search" host hasn't been able to work since he broke his neck 18 months ago. McMahon's spokesman says the 85-year-old pitchman and his wife are in "fruitful discussions" with his mortgage company to try work out a deal. McMahon's real estate agent says the six-bedroom, five-bath house has been on the market for two years. It's in a hilltop gated community that overlooks famed Mulholland Drive. But the agent says it's been a tough sell, partly because pop star Britney Spears is a neighbor -- and she attracts paparazzi. ___ ___, The Associated Press.

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• foreclosure

[OscTan]

SHAMEFUL! SHAMEFUL! SHAMEFUL! Sell your stinking home and downsize. NO SYMPATHY! TELL THAT WOMAN TO GO TO WORK! YOU TWO ARE PATHETIC! There are thousands of us folks who live in homes less than $100K and can barely pay the necessary living expenses and you're crying over something that is worth $6Million. I'd picket your damn home if I lived there. SELL YOUR FUCKING HOME IF YOU CAN'T AFFORD IT ANYMORE.

[dodgecoupe1935]

Ed should be a multi-millionaire traveling the world. How can people fell sorry for someone that disregarded saving, planning, and investing. At 85 he should be happily retired, and his house should have been paid off years ago.

[inkey2]

this man was americas biggest "pitch-man"...he hawked everything from dog food to beer, to doosh-bags to scam life insurance.......he must have made a minumum of 100 million dollars in his life.......feel sorry for him? I don't think so

[avidalocan]

Apologies OscTan. I mean agree with, not disagree with.

[avidalocan]

No doubt he looks at the houses 99% of people live in in the burbs and turns his nose up in disgust!!! Then he goes around with his hand out trying to save his rich ass with their hard earned cash.

As for the mold in his house, it did kill the dog. The reason the $7 million didn't go far was the cost of repair and lawyers fees - we all know these things chew up everything from a legal settlement.

[avidalocan]

OscTan, while I would like to thank you for some great comments on this, that I wholeheartedly disagree with, I have to tell you something. That chick ain't working. It won't happen. She spent it all over the last 17 years they were married. She ain't going back now. But it's a very nice idea anyway. Who wouldn't love to see that happen?

Also these baby boomers / silent generation always want everyone else to pick up the tab for them. They are a tumour on the world.

[SantaBarbaraDianne]

some people, no matter how much money they have, don't know how to manage it--you'd think he'd have backup plans for any crisis ever foreseen.

[TECHKLEC]

He probably blew the money on crack.

[hardlines4]

Gee Ed, you think maybe it has something to do with your young wife spending your cash????? Ohhhhh wait, I forgot, she married you for love......Welcome to the REAL word!!

[Anothercoilgun]

And why was air time wasted making this clip?

[hoosierhiver]

Ed can kiss my ass!