Ed McMahon Fighting Foreclosure On His Beverly Hills Home

LOS ANGELES (AP) -- Ed McMahon, who for decades appeared as Johnny Carson's sidekick on "The Tonight Show," is fighting to avoid foreclosure on his multimillion-dollar Beverly Hills home, according to published reports.

The former "Star Search" host was $644,000 behind on payments on $4.8 million in mortgage loans when a unit of Countrywide Financial Corp. filed a default notice Feb. 28 with the Los Angeles County Recorder's Office, The Wall Street Journal first reported late Tuesday.

McMahon, 85, has been unable to work as a pitchman for various products since he broke his neck 18 months ago, said his spokesman, Howard Bragman.

"There are plenty of people affected by the weak economy, bad housing market or bad health," Bragman said.

McMahon has been in "very fruitful discussions" with the lender to resolve the situation, Bragman said. But it's unclear whether McMahon and his wife, Pamela, will remain in the home.

A spokesman for Countrywide declined comment to the Los Angeles Times.

The six-bedroom, five-bath house is in a hilltop gated community overlooking Mulholland Drive called The Summit and is listed for sale at $6.25 million. It has been on the market two years, according to real estate agent Alex Davis, who has the listing.

The house is near that of pop star Britney Spears, which doesn't always work in its favor.

"When we were trying to sell the house one time, there were about 100 paparazzi there," Davis said.

You must be logged in to post comments.

Password (case sensitive):
Remember Me:

Read Comments

Comments are posted from viewers like you and do not always reflect the views of this station.
  • by Anonymous on Jun 6, 2008 at 08:43 AM
    That's right Oh-Well. It's not like he'll be on welfare. He'll just have to live like the rest of us I guess. I saw him with his wife on Larry King. She looks alot younger than him. I'm sure she married him for money (or so she thought). So Oh well to her.
  • by Oh_Well Location: NC on Jun 5, 2008 at 11:58 AM
    At least he got to stay in a multi-million dollar home for awhile, thats more than most of us hard working people get to do. I guess he can get a double wide and rent a lot.
  • by Angel Location: Rich Square, NC on Jun 5, 2008 at 10:56 AM
    They shouldn't put this on the news. I agree with other comments made. I can't feel sorry for him. I work with people that just can make it for a month with their pay and we work for the government...smile...who i feel sorry for those people that try so hard to make it but just can't. We need to open our eyes things are just getting worst.
  • by Chris on Jun 4, 2008 at 07:43 PM
    "There are plenty of people affected by the weak economy, bad housing market or bad health," Bragman said." He has no clue what "tough" living conditions are! How many freakin people buy 6 million dollar homes? Get REAL! No one told him to purchase a home he could not afford! At his age he should be well clear of any mortgages anyway!
  • by Raptor Location: Nc on Jun 4, 2008 at 04:24 PM
    How can one set back an revel when someone is about to lose their home, "richies" or not. But yet think that the governmant should help subprime mortage holders that drive 2 SUVs and a home at $250K when they could only afford a $70K home and one Chevy. How many of you posters live hand to mouth?
  • by David Location: Manteo on Jun 4, 2008 at 03:41 PM
    I feel sorry for anyone who lose their homes but he, who "had" millions and blew it, doesnt deserve pity! I am actually happy to hear that there might be a few former richies out there who know what it feels like to live life from hand to mouth. And like Jim from Virginia said, With Ed's status, it seems kind of hard to beleive he would be in this predicament. Loans and a sturdy place to lay my head would be the first thing I would pay off. But I am sure he was like most other richies out there. They get the cash and blow it on garbage because they are expecting more where that came from.. NO! I feel no pity for those who had then lost. I feel sorry for those who dont have and are continueing to lose more!
  • by Cactus Location: Strabane,NC on Jun 4, 2008 at 03:33 PM
    You people are "tuff".
  • by crymeahandful Location: goldsboro on Jun 4, 2008 at 12:45 PM
    Looks like the PCH Prize Patrol isn't going to help out on this one!
  • by Jim Location: Virginia on Jun 4, 2008 at 12:32 PM
    At his age you would have thought he would have paid off any mortages.
  • by Cliff Saxon Location: Altoona, AL on Jun 4, 2008 at 11:19 AM
    Foreclose on Britney Spears' home instead. She belongs in prison for the rest of her stinking little life! I wish Ed well, he's a classy guy!
  • Page:

275 E. Arlington Blvd. Greenville, NC 27858 252-439-7777
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 19524179 - witn.com/a?a=19524179
Gray Television, Inc.