Countrywide Is About To Foreclose On Ed McMahon

Ed McMahon, former sweepstakes pitchman and Johnny Carson sidekick, has defaulted on his multimillion-dollar Beverly Hills home, says the AP. Mr. McMahon’s house has been on the market for two years, but is located so close to Britney Spears’ house that he’s having trouble selling it.

“When we were trying to sell the house one time, there were about 100 paparazzi there,” Davis, the real estate agent who holds the listing, told the AP.

McMahon’s spokesperson says that Ed’s been unable to work since breaking his neck 18 months ago.

“There are plenty of people affected by the weak economy, bad housing market or bad health,” Bragman told the AP.

He also said that McMahon and his wife are negotiating with Countrywide, but it’s unclear whether or not they will be able to stay in the home.

Countrywide declined to comment. Um, does anyone want to show up at Ed McMahon’s door with a giant check? Save Ed!

Ed McMahon fighting foreclosure on his Beverly Hills home [AP]
(AP Photo/Matt Sayles, FILE)

Comments

  1. linbey says:

    I dont feel sorry for ANYONE who wastes millions on a house. IF he was living in a normal $145,000 home and ran into problems that werent due to drug or alcohol abuse then I would feel sorry for him and maybe even be willing to help a little. He can sell the damn house and move into a reasonable house

  2. BrianU says:

    No one is blaming his wife or ex-wives??? Besides alimony/divorce – which could completely deplete savings and future royalty checks, KEEPING a wife – especially if she’s not quite in-sync with the grade-C celebrity aspects – can be very, very, very expensive. Do you think Ed or his wife was the more likely suspect in buying a multi-million Dollar home, jewelry, cloths, servants, etc. hmmm?

  3. RINO-Marty says:

    that is some weird, wild stuff

  4. mac-phisto says:

    maybe countrywide got tired of accepting those 3′ x 5′ checks as payment. we all know how they can screw up your processing department…

    (watch first minute for joke & the rest b/c it kicks ass)

  5. Kounji says:

    @Diet-Orange-Soda:

    He doesn’t have to pay. Yeah I’d say that’s right

  6. parrotuya says:

    This is the appropriate outcome for a certified has-been. Next, he needs a vicious drug habit followed by suicide! Yippee!

  7. Mozoltov, motherfucker says:

    Thats one thing I will never do when I become rich, own expensive stuff. I will own a $250K-500K house and drive a Honda Accord. Live within your fucking means.

  8. ivy99 says:

    is there an old folks home for old hollywood/tv celebs? i think i just made up a new VH1 show, “im an old fart that loves money”

  9. camille_javal says:

    @linbey: $145,000? Not too easy to find – I know someone who got a house for that much, but it’s located in a circle of hell. (Of course, there’s a lot between that and millions – just most of the houses I see these days cost at least twice that)

    Didn’t Ed have a serious boozing problem back in the day?