Evander Holyfield's Home Faces Foreclosure - Again
25.6.09 4:00 PM
Former heavyweight champion Evander Holyfield continues to face financial woes. His $10 million masion in suburban Atlanta is under foreclosure for the second time in a year. A legal notice published last week in the Fayette Daily News revealed the former heavyweight boxing champion is in danger of losing his 109-room Fairburn mansion. The lien holder is demanding full repayment of the original $10 million loan, with an auction scheduled for July 7 on the Fayette County Courthouse steps, reports the AJC . The 5,000-square-metre home — located on Evander Holyfield Highway — has 109 rooms, including 17 bathrooms, three kitchens and a bowling alley. It's worth an estimated $20 million and costs more than $1 million to maintain each year. Last June a similar legal notice was published which then lead to a foreclosure notice being issued for the 5,000-square-metre home — located on Evander Holyfield Highway — has 109 rooms, including 17 bathrooms, three kitchens and a bowling alley. However, before the home was auctioned off, he was able to reach a deal to keep the home. He also has defaulted on a loan for a second home and that's in foreclosure, too. That home, located at 592 and 596 West Bridge Road, had an original loan amount of $216,000.
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25.6.09
4:00 PM