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Hmmm....777,000??? Interesting number. I don't know why but I think of Neverland and Michael when I read this story.


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Dr. Conrad Murray

© Rex Features / Stewart Cook
Michael Jackson's doctor Conrad Murray had his home repossessed just before he stood trial for involuntary manslaughter, it has emerged.

The 58-year-old physician failed to keep up with mortgage payments on his £1m ($1.5m) Las Vegas residence following the 'Billie Jean' singer's death in 2009, resulting in the property being foreclosed and sold on.

Murray managed to renegotiate the terms of his mortgage, but the house was auctioned off for just £500,000 ($777,000) earlier this year.

"Conrad was under ­mountains of debt and with the trial looming there was ­nothing more he could do to save his home," a source told the Sunday Mirror.

Murray purchased the property in 2004. He is now living in a rented apartment in California with Nicole Alvarez, the mother of his 2-year-old son.

Alvarez was asked to give evidence at Murray's trial on Tuesday.

The trial is scheduled to continue for another five weeks and Murray could face up to four years in prison if found guilty.
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I'm proud to be a child of God and a member of MJ's Army of L.O.V.E.
 
"Press coverage of my life is like [watching] a fictitious movie...like watching science fiction. It's not true." ~Michael Jackson (2005)

"You should not believe everything you read. You are missing the most important revelations". Craig Harvey 3-15-2012

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all4loveandbelieve

This 777 comes out often.. If they repossessed the house, I wonder where he is living?
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I'm happy to be alive, I'm happy to be who I am.
Michael Jackson

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This 777 comes out often.. If they repossessed the house, I wonder where he is living?

It says in the article above your post that he's renting an apartment with Nicole and their son in California.
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Snoopy71

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164-02-422-011
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2010-3 S F R VENTURE L L C
%ROUNDPOINT MORTGAGE
5032 PARKWAY PLAZA BLVD #200
CHARLOTTE NC 28217-1934

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2426 GRASSY SPRING PL
SUMMERLIN
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RED ROCK CNTRY CLUB AT SUMMERLIN
-UNIT 26A
PLAT BOOK 112 PAGE 83
LOT 13 BLOCK 13


SEC 02 TWP 21 RNG 59
Recorded Document No.       
* 20110801:02750
Recorded Date
08/01/2011
Vesting
NO STATUS


The property did sell (foreclose) on August 1, 2011. Though the county assessors filing would take another 30 days to update (90 days total from sale date)---> so no way to verify if that indeed was the sale price....would be pretty interesting if it is true :?


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Last Edit: October 09, 2011, 04:30:52 PM by Snoopy71
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Hmmm....777,000??? Interesting number. I don't know why but I think of Neverland and Michael when I read this story.


You are not allowed to view links. Register or Login

Quote
Dr. Conrad Murray

© Rex Features / Stewart Cook
Michael Jackson's doctor Conrad Murray had his home repossessed just before he stood trial for involuntary manslaughter, it has emerged.

The 58-year-old physician failed to keep up with mortgage payments on his £1m ($1.5m) Las Vegas residence following the 'Billie Jean' singer's death in 2009, resulting in the property being foreclosed and sold on.

Murray managed to renegotiate the terms of his mortgage, but the house was auctioned off for just £500,000 ($777,000) earlier this year.

"Conrad was under ­mountains of debt and with the trial looming there was ­nothing more he could do to save his home," a source told the Sunday Mirror.

Murray purchased the property in 2004. He is now living in a rented apartment in California with Nicole Alvarez, the mother of his 2-year-old son.

Alvarez was asked to give evidence at Murray's trial on Tuesday.

The trial is scheduled to continue for another five weeks and Murray could face up to four years in prison if found guilty.
It sure was.  I checked his property records on a regular basis.  It sold.  Do you suppose his wife is going to divorce him after the trial?
 
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