Michael Jackson continues to be lucky. The Superstar avoided foreclosure on the Neverland Ranch on Sunday when a new bank took over the mortgage on the property.
The property is 2,700-acres complete with an amusement park. The property was scheduled for auction this week after Jackson defaulted on payments.
A real estate investment firm bought the 5 million mortgage and is negotiating
a new plan.
Soccer star David Beckham is one of the celebs reportedly thinking of buying the ranch.
I'm sure Michael will be alright. He doesn't need the ranch because he owns property in Dubai.
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