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Star Golfer Might Lose Mansion

Star Golfer Might Lose Mansion

david-duval-foreclsure-home-issue.jpg
David Duval, golf star, has made himself over $18 million dollars on the PGA tour.
That’s a lotta dough.
So it’s extra confusing that his Colorado mansion is facing foreclosure!
Apparently, back in 2005, he and his wife took out a $5.9 million loan to buy a $12.35 million home.
He missed several payments of that loan according to his bank and so now they’re after his home.
His house will be put up for auction unless he can get the money he owes by November 7th.
If there’s one lesson even rich people should learn, it’s to live within your means.
That means don’t buy mansions unless you can actually afford them!
Hope he gets the money in time!
[Image via AP Images.]

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Jul 30, 2012 11:30am PDT

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