Guide Note:

Neverland Ranch's foreclosure is a done deal, the auction date has been set. The property owned by Michael Jackson has been in arrears due to back taxes for some time. Jackson made a payment in early February, but it wasn't enough to forestall the foreclosure process. The announcement came on February 26, 2008 that the foreclosure is being done, and the auction date was set. Everything at the ranch will be sold in the auction, to include furniture, clothing, games, rides, etc. Fast Facts:

Auction Date: May 14, 2008
Jackson left the ranch on June 30, 2005
Needs $24,525,906.61 to stop the auction
Auction to take place at the Santa Barbara County Courthouse

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Neverland Foreclosed

Also try: Michael Jackson | Neverland Ranch

Neverland Foreclosed News

Official Document: Notice of Sale (Size: 3.06Mb)
FoxNews.com: Neverland Not Saved (March 13, 2008)
- Though Michael Jackson has not yet succeeded in saving his famous ranch/theme park from foreclosure, he has managed to get the date of public auction postponed until May 14.
FOXNews.com: Michael Jackson's Neverland Foreclosed; Auction Date Set (February 26, 2008)
- "At this point, Jackson may just let the auction proceed. He hasn't been at Neverland since June 30, 2005, when he departed for Bahrain. No one lives there, the animals in the zoo are all gone, the rides are either sold or shut down."

The Sun: Neverland is not safe yet Jacko (February 8, 2008)
AZCentral.com: Michael Jackson pays towards outstanding taxes on Neverland (February 8, 2008)
Topix.net: Neverland Foreclosed
Google News: Neverland Foreclosed
Google Blog Search: Neverland Foreclosed

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