Evander Holyfield's Home Faces Foreclosure - Again
Former heavyweight champion Evander Holyfield continues to face financial woes.
His $10 million masion in suburban Atlanta is under foreclosure for the second time in a year.
A legal notice published last week in the Fayette Daily News revealed the former heavyweight boxing champion is in danger of losing his 109-room Fairburn mansion. The lien holder is demanding full repayment of the original $10 million loan, with an auction scheduled for July 7 on the Fayette County Courthouse steps, reports the AJC.
The 5,000-square-metre home — located on Evander Holyfield Highway — has 109 rooms, including 17 bathrooms, three kitchens and a bowling alley. It's worth an estimated $20 million and costs more than $1 million to maintain each year.
Last June a similar legal notice was published which then lead to a foreclosure notice being issued for the 5,000-square-metre home — located on Evander Holyfield Highway — has 109 rooms, including 17 bathrooms, three kitchens and a bowling alley. However, before the home was auctioned off, he was able to reach a deal to keep the home.
He also has defaulted on a loan for a second home and that's in foreclosure, too.
That home, located at 592 and 596 West Bridge Road, had an original loan amount of $216,000.