Poor Ed - Soon To Be Homeless???
Star Search host and Johnny Carson sidekick Ed McMahon, is fighting to avoid foreclosure on his multimillion-dollar Beverly Hills home, according to reports.
Sources say he's $644,000 behind on payments of his $4.8 million mortgage loans.
Sadly, the 85 year old McMahon has been unable to work as a pitchman for various products since he broke his neck 18 months ago, according to his mouthpiece.
McMahon's six-bedroom, five-bath house is in the infamous hilltop gated community, The Summit, and is listed for sale at $6.25 million. It has reportedly been on the market two years, according to real estate agent Alex Davis, who has the listing.
The house is near that of a certain pop star, which doesn't work in its favor. Peeps buying homes at that price want privacy and shizz, right?
"When we were trying to sell the house one time, there were about 100 paparazzi there," Davis told the source.
Bummer!
Wethinks Jerry Lewis should have a telethon for Ed!!!
[Image via WENN.]
She Just Wants To Whore It Out
1st? Probably not.
yay, i was finally first. in your face bitches!!
aawww poor guy!
PROBABLY LIVES NEAR BRITNEY SPEARS!
OMG ITS PUBLISHERS CLEARING HOUSE!!!
1st
You'd think he wouldn't have a mortgage in the first place - I thought he was pretty well off, to buy the house cash.
BLAME BRITNEY!!
Very, Very Sad! Hope someone helps him out.
If it's a GATED COMMUNITY, how are paparazzi there? Wouldn't that be TRESPASSING?
Perez honey - do you even know what the word 'infamous' means? You used it completely wrong here. Idiot. The Twinkies are eating away at your brain.
What the hell did he do with all his money? Didn't he save ANYTHING???
What's "infamous" about The Summit?
britney is a certain pop star? first with something to say
Is it me, or does perez sound cold-hearted with his comments? Hope Ed finds a light at the end of this tunnel.
(NOT) FIRST!!!!!!!!!
What pop star lives thereeeeee????
so sad someone help him!!! Brad and Angie or Oprah wheres the love for your fellow AMERICANS that are losing there homes???????? You all are worried about across the country what about the ones that are homeless here??
poo
I feel bad for him. He should look into a senior home though.
www.rosiechat.com
At his age, he should have had enough money saved away to pay for that house. Why on earth would anyone want a mortgage at age 85? Very poor financial planning.
Re: lauren – lmao!
Poor ED Publishers Clearing house needs to hook this man up,Get him a spot on the Sureal Life or something!!!!!
He can stay with us, that guy's hilarious!
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HE CANT TALK ABOUT BRITNEY ANYMORE LOL
Re: lauren – Now your life is complete!!! Skank!
It's not what you make…it's what you save.
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Oh well, I guess he's going to buy smaller house like the rest of the world.
That's sad and even sadder that his money ran out and he didn't plan well enough financially. Hope things get better for him.
how in the world can you have the career he had and make the money he made and be broke? Wow. Hard to feel sorry for somebody that went thru that much and ends up with a mortgage at 85? I'm 55 and have never made much money but my house is paid for. he's obviously lived beyond his means for a long time. sad, but he wouldn't be at the top of my charity list.
yeah britney lives there, why not say that???
I have no pity for this annoying old blowhorn,hes had more than his fair chance to make some coin in his lifetime.Hes been a annoying pitchman for every frickin product on the planet.Your living to large old man,time to buy a small rancher
aww, that's sad. If I had some extra dough I'd send him what I could but i'm broke as a joke. I hope he gets the assistance he needs.
wtf? did he not say any money up at all…ever?
If I had the doe I'd help him out! its mother fuckin Ed McMahon! YYYYES That is Correct Sir..
Poor thing….To think he would have a retirement fund….
Given all the money he's made over the years, it's a shame he did not invest wisely and provide for retirement. I'm not sad over this.
What have I missed? Why is perez not able to talk about Britney anymore?
Re: Vespas –
HE CANT TALK ABOUT BRITNEY COZ HER GOT HIS ASS SUED AND IS FORBIDDEN!! MAINLY DUE TO THE ENDLESS BRITNEY HOUNDING AND THE POSTING OF LEAKED TRACKS
What a sad story- somebody should help this guy! It seems to me that the US is one of the worst places on earth to be when you're ill and unable to work.
He better fill out and send in his Publisher clearing House Sweepstakes. He just could be a winner!! All problems solved then!
W h e r e s Johnny when he needs him?
And a final note, the agent is a total douche for not counseling his client better. You're fired, Alex Davis. Motherfucker. You wouldn't be good enough to work for any firm I own or have heard of. This is Ed McMahon. Help him out! WTF?
Can someone please tell me again why rich people don't just outright buy a house and get it over with? Rich people shouldn't have mortages!
3 and 3/4 stars!
Re: Stace – I agree. Someone that make large $$ needing a mortgage? Can you say living beyond your means (which I would have thought were pretty good "means"). Poor planning.
shocking and very sad,,certainly dont know his circumstances but it is awfully strange. poor guy, I ve always liked Ed and he was a class act during his hey day with Johnny …hope it all works out for him and his wife. no one should suffer a broken neck at 85, hope they sell and get the heck outta there and into something more fitting for themselves at their age. dont these people have financial advisors b4 they invest in something as expensive as that? he should have had a house bought and pd for many times over.
who's the neighbour?
MY GOD DOESNT HIS KIDS HELP HIM OUT? HE WORKED FOR YEARS!!! HIS WIFE MUST HAVE BLOWN ALL HIS MONEY.
MAYBE JOHNNY CARSONS WIDOW CAN BAIL ED OUT.
How can you feel sorry for some guy who has had it so good all his life (to date) if he is in trouble he is a Total Idiot and deserves what he gets. Most people could live a wonderful life on what this guy would call Chump Change.
I call bullshit on this one. How could someone who has worked for 65 solid years making millions upon millions, be broke? The answer is - he ain't. It's not like he lived life large like Michael Jackson. Get him to sell one of his other vacation homes or whatever. There is no way in the world this guy does not have tens of millions saved up in property and investments. Impossible.
This man needs to be homeless if he's gotten to be his age and doesn't OWN A HOME. It's not like he's an average working stiff, he made LOTS of money in his time. He has no one to blame but himself. Now he might need to spend his final days in a nursing home living on the dole. Boo, hoo, poor Ed.
This is so sad. Some of his loaded friends should help bail him out.
HaHa!!
Down And Out In Beverly Hills - Sequel For The New Millennium?
what a stupid old cock!!!!!!! i hope you are homeless now bitch
Who says he's broke? His house has been up for sale for how long?? Almost two years. And he had what lawsuit that he won how many millions??? This house has serious problems especially with mold. In the housing market today, no one wants to buy problems in a house. So what is the fastest way to get rid of a house at the age of 86??????? Let the bank take it over. This house is not sellable and is not worth what he owes or can get for it. He does not want to die and leave this crappy house to family to have to be responsible for it.
that's really kind of funny. Britney was on star search way back in the day and that bitch lost and went home, only to become so uber famous later that property values go down around anywhere she moves because of the paps… and she just happened to move near McMahon… LOL LOL
As if this guy would ever be homeless. He'll just have to drop the price or get a loan and wait until Brit moves out of the area.
There are a lot of elderly people whose gov't assistance has been cut, whose prescriptions are no longer being covered, who have no one to turn to, so I'm not sure how said I am over Ed McMahon. If he lowers the price on his home so it gets sold- he'll be aight. He can move to WPB like all the other retirees.
At 85 why would he still be paying on his home? Who would approve a mortgage loan for a retiree?
HAHAHAH
it's funny
perez can't write about britney.
lol
whatever!!!! Let's try and help the homeless who REALLY need and want help to get off the street. Ed can get help for this situation.
This is a really insanely shallow problem…boohoo, if he can't afford a 40-gazillion dollar mansion with servants and 1200 rooms, then MOVE into a 30-gazillion dollar mansion!
This prick shilled for "publisher's clearinghouse" which scammed millions from elderly people. They harrassed the elderly via mail and continually implied they would win a million dollars if they ordered all those magazines and stupid useless items- that buying them would increase their chances of winning. This wad was respected because he was Johnny's sidekick- someone who won their trust. Even telling them that your parent was DEAD didn't stop them from calling. The law finally stopped them from making promises, but the damage was done. I don't give a damn about Ed.
That's SOOO sad. I hate for anyone to lose their house. I hope he gets help. He seems so sweet!
FYI- 'Real Estate agent' ALEX DAVIS is the younger bro of BRANDON 'GREASYBEAR' DAVIS…….
It's NOT that he doesn't HAVE the money, it's he DOESN'T want to keep paying for a house up for sale. With declining property values he can let it be foreclosed & take a loss on his next purchase.
What happened…he's been a staple for years. Why hasn't his house been paid off?
This is so sad! He looks like the nicest guy ever - it would be horrible to be 85 and losing your house. I hope everything works out for him and he figures it out.
He has spilled more on the floor than you will ever have Mario.
Exactly, where is Jerry Lewis? He can't bail Ed out? Where did all of Johnny Carson's money go? That bastard should have left Ed a good chunk of change.
Oh, boo hoo. I read in hte paper he got a 7.5 million dollar settlement two years ago. What an idiot. How could he spend all that already?
What the hell did he do with all of his millions? The guy has been pushing products for years. Can't believe he's broke. Maybe all the divorces.
someone needs to help him!! he is an icon!!
SHoulda taken yer FOSAMAX, Ed.
You wouldn't be in this pickle now, would you?
I'm not trying to sound rude and insensitive but my feeling is that if you THINK your rich enough to afford a $4.8 mil home then why not buy it outright? why the mortgage? If you can't pay cash then don't buy it ! I'm sorry he's losing his home but so are alot of middle class americans. Sell the freakin' house already and downgrade ! Everyone else seems to do it. There are thousands of people who have lost their homes to foreclosures on a $300,000 home and then have to rent an apt with their children- and he's gonna moan about losing his $4mil home? These celebrities have NO shame. I'm sure he's a very nice man and it's unfortunate he hasn't been able to work - but what did he do with all the money he was making years ago? HE should've paid off his house when he still had the money!
Why doesn't he just downsize?
Where is his friend Johnny Carson to help him out? Seriously, after a long career such as his, he should have the money to make the payments. Where did it all go?
I'm not trying to be cruel by saying this, but he's not a young man anymore. Maybe he would be better off in a fancy assisted living type place. Or Florida.
Ooops, I didn't mean Johnny Carson, I meant Jerry Lewis. My bad. RIP Johnny
Who can feel sorry for a guy like this? He has lived with the golden spoon in his mouth most of his pathetic life. I can still hear and see him laughing like a retarded fool at everything Jophnnie would say. What does a 85 year old guy need to be living in a 6 million dollar home for anyway? He collected from the insurance co. 7 million for the mold and as scared as he was, he didn't move or tear it down once he collected. Maybe he should contact Karnack about his future? Or maybe he should learn to live within his means like the rest of do.
How many successfull Star Search and JC fans that have benefitted from him would it take to cover that tab?Instead of one more purse, dress, chunk of jewelry ~ How about Perez start something for ED? Create a bucket for his "friends" and "stars" to drop in some support and respect.