Foreclosure Is Being Confronted By Burt Reynolds In Florida
Former movie star, Burt Reynolds is no longer confronting bandits but will have to face foreclosure instead, for a failing to pay mortgage for nearly a year. According to a charge recorded on Aug. 9 in Martin County, Fla., Merrill Lynch Credit Corporation has issued a foreclosure call for Mr. Reynolds after he ceased to place mortgage payments for his Hobe Sound, Fla. property. The complaint demanded that Reynolds did not make any mortgage payment starting August 2010 and owes the bank almost 1.2 million. The former star has been selling his mansion for a long time with a starting price of $15 million.
Excerpt:
“Burt Reynolds could lose his waterfront mansion in Florida after failing to make mortgage payments for almost a year.”
Original article can be found at:
http://money.cnn.com/2011/08/17/real_estate/burt_reynolds_foreclosure/index.htm
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