Donald Trump doesn’t know Ed McMahon, but he “grew up watching him on tv,” so he’d like to be his new landlord. McMahon is currently facing foreclosure from Countrywide, and had 2 weeks to sell his house before the bank repossessed it. Mr. Trump has agreed to buy the house and lease it to McMahon, says the LA Times.
“I don’t know the man, but I grew up watching him on TV,” Trump told The Times. “When I was at the Wharton School of Business,” Trump said, “I’d watch him every night. How could this happen?”
McMahon originally bought the home in 1990 for $2.6 million, and owed $4.8 million to Countrywide at the time that he defaulted. Earlier articles claimed that he was unable to sell the house because it was too close to property owned by Britney Spears and that the constant helicopters and paparazzi were scaring off buyers.
Donald Trump to buy Ed McMahon’s house [LA Times]
(AP Photo/Damian Dovarganes)