O.J. Simpson faces foreclosure on Florida home – Piggington's Econo-Almanac

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January 18, 2012 at 2:39 PM #19433

UCGal
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http://money.cnn.com/2012/01/18/real_estate/oj_simpson_foreclosure/index.htm?iid=HP_River

To sum it up. He owes 700k (including penalties for missed payments), it’s worth less than $500k. He’s in jail for the stupid Las Vegas thing.

But this is Florida – land of judicial foreclosure. All bets are off on what might happen.

January 18, 2012 at 4:22 PM #736284

sdrealtor
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Kwame Brown the 1st selection in the 2001 draft is currently short selling a house in CA. He still collects an NBA salary but probably has non-recourse loans so the lender either takes the deal or forecloses. Its just the way things are.
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