Wacko Jacko's Santa Barbara, CA Neverland Ranch is in foreclosure according to title documents that show the NOD filed with more than $200,000 in delinquent mortgage payments on a $23 million loan. You can see a copy of the public record information notice of default filed here.
Apparently Jackson doesn't have any more Beatles rights to sell to pay for his extravagant ranch home. Thanks Maggie for the tip.
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