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Nicolas Cage's foreclosed house nets zero at auction
walletpop ^ | 4/9/10 | Ron Dicker

Posted on 04/09/2010 8:37:22 PM PDT by Pining_4_TX

Nicolas Cage bid adieu to another mansion Wednesday -- after no one bid for it in a foreclosure auction. His Bel-Air, Calif., Tudor estate went on the block starting at $10.4 million, a measly sum given that the "National Treasure" star had asked for $35 million when he put it on the market, the Los Angeles Times said. But the complex attracted only a minute of silence on the steps of a courthouse in Pomona, Calif.. Not that anyone expected it would be gone in 60 seconds. One Realtor described its decor to the Times as "frat-house bordello." And back to the lender it goes.

(Excerpt) Read more at walletpop.com ...


TOPICS: Business/Economy; Culture/Society
KEYWORDS: bloggersandpersonal; celebrities; debt; economy; foreclosure; foreclosures; hollywood
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1 posted on 04/09/2010 8:37:23 PM PDT by Pining_4_TX
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To: Pining_4_TX

It’s the spending, stupid.

Wonder how the Hollywood celebrities feel about their man in the White House now? Cage is not the only one having money woes.


2 posted on 04/09/2010 8:38:15 PM PDT by Pining_4_TX
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To: Pining_4_TX

The bidders must’ve seen Wicker Man.


3 posted on 04/09/2010 8:38:26 PM PDT by Darkwolf377 (Conservative Bostonian, atheist pro-lifer, mocker of those who haven't a clue)
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To: Pining_4_TX

Whoever buys that needs to redecorate it sounds like unless they plan to turn it into a Planned Parenthood Playteen Playhouse.


4 posted on 04/09/2010 8:39:02 PM PDT by GeronL (There is only a "Happily ever after" for you if you're the one writing your own script)
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To: Pining_4_TX

He’s already spent all the proceeds from finding the National Treasure?


5 posted on 04/09/2010 8:40:22 PM PDT by DannyTN
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To: Pining_4_TX

Very few forclosures ever sell at auction, they go back to the lender who has to sell them at a loss.


6 posted on 04/09/2010 8:40:26 PM PDT by dalereed
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To: Pining_4_TX

“One Realtor described its decor to the Times as “frat-house bordello.”

Nice! Me like!


7 posted on 04/09/2010 8:40:32 PM PDT by Attention Surplus Disorder (Voters who thought their ship came in with 0bama are on their own Titanic.)
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To: Pining_4_TX

Taxed Enough Already there Nicky boy?


8 posted on 04/09/2010 8:41:53 PM PDT by WSGilcrest ( The momentary value of any argument lies in the capacity of the mind to which it is addressed.)
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To: DannyTN

“He’s already spent all the proceeds from finding the National Treasure?”

Not talking about Obama, talking about Nicolas Cage.


9 posted on 04/09/2010 8:43:32 PM PDT by Beowulf9
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To: Pining_4_TX

I actually saw it 2 weeks ago here in L.A. A buddy of mine had some docs to drop off to his hotshot in Bel Air/Brentwood area and we actually drove past by it. He said “would u believe Nic Cage was selling this monstrosity?” It’s awesome to look from outside.


10 posted on 04/09/2010 8:44:32 PM PDT by max americana
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To: Darkwolf377

haha, I thought I was the only one out there that remembers that awful movie


11 posted on 04/09/2010 8:45:41 PM PDT by PurVirgo (Smeg!)
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To: Pining_4_TX

“Tudor estate went on the block starting at $10.4 million”

You can buy a vote in congress for less than that.


12 posted on 04/09/2010 8:47:04 PM PDT by quantim (Victory is not relative, it is absolute.)
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To: Pining_4_TX

13 posted on 04/09/2010 8:47:13 PM PDT by martin_fierro (< |:)~)
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To: Pining_4_TX

Were they Bringing out the Dead?


14 posted on 04/09/2010 8:47:43 PM PDT by racing fan
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To: Pining_4_TX

You think Obummer would have stayed the forclosure for Nick. Poor nick must have not give the Max donation for the Messiah.


15 posted on 04/09/2010 8:48:15 PM PDT by ncfool (The new USSA - United Socialst States of AmeriKa. Welcome to Obummers world.)
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To: dalereed

I know the house he bought. Asking 35 million for it is patently insane. That house in a strong market might fetch 15-16 million. It could cost up to one million just to fix the interior


16 posted on 04/09/2010 8:49:58 PM PDT by stephenjohnbanker (Support our troops....and vote out the RINOS!)
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To: Pining_4_TX
Cage, an Oscar winner and accused tax evader who will never be confused with Donald Trump in real estate, lost two New Orleans homes to foreclosure in November. But at least those sold at auction -- one for $2.3 million and another for $2.2 million.

Hollyweird is alive and well.

17 posted on 04/09/2010 8:50:42 PM PDT by FourPeas (God Bless America)
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To: PurVirgo

House comes with bee keeping equipment. :P “AHHH! NOT THE BEES!”


18 posted on 04/09/2010 8:51:22 PM PDT by Darkwolf377 (Conservative Bostonian, atheist pro-lifer, mocker of those who haven't a clue)
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To: Pining_4_TX

I checked on his politics. No surprise here, he’s only donated to RATS. He also spent like a RAT, with no concern for staying within his means.


19 posted on 04/09/2010 8:52:09 PM PDT by Nateman (If liberals aren't screaming you're doing it wrong.)
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To: Pining_4_TX
"Cage is not the only one having money woes."

Who else? Please do tell.

20 posted on 04/09/2010 8:52:38 PM PDT by Earthdweller (Harvard won the election again...so what's the problem.......?)
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To: Pining_4_TX

Someone in my immediate family applied to be their Nanny a while back. Strange Dude: drinks alot and very demanding.


21 posted on 04/09/2010 8:54:03 PM PDT by Mountain Mary ("If they bring knives, we'll bring guns" ( Barack Obama) "Okay, then we get to bring Jack Bauer")
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To: Pining_4_TX

He’s always been a terrible actor, second only to Keanu Reeves for his awfulness.


22 posted on 04/09/2010 8:56:40 PM PDT by Gapplega
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To: Pining_4_TX

Lots of fame and fortune don’t always buy good taste or good business sense.


23 posted on 04/09/2010 8:57:45 PM PDT by garyhope (It's World War IV, right here, right now, courtesy of Islam.)
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To: Pining_4_TX
WTF!?


24 posted on 04/09/2010 8:59:53 PM PDT by JoeProBono (A closed mouth gathers no feet)
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To: martin_fierro

25 posted on 04/09/2010 9:00:15 PM PDT by Bean Counter (I keeps mah feathers numbered, for just such an emergency...)
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To: JoeProBono

Just goes to show that money is something for a rainy day. Our elders knew well.


26 posted on 04/09/2010 9:01:02 PM PDT by eyedigress ((Old storm chaser from the west)?)
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To: Gapplega

Well, there is Angie MacDowell....


27 posted on 04/09/2010 9:01:06 PM PDT by donmeaker (Invicto)
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To: Gapplega

I couldn’t agree with you more with that assessment.


28 posted on 04/09/2010 9:01:21 PM PDT by diverteach (D.C. has become Jonestown)
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To: Pining_4_TX

This is the second house he’s lost to foreclosure this year. The other was in New Orleans.

The LaLaurie house google it. Supposedly THE most haunted house. It does have one helluva history behind it.


29 posted on 04/09/2010 9:05:25 PM PDT by diverteach (D.C. has become Jonestown)
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To: Pining_4_TX

Weird.


30 posted on 04/09/2010 9:07:53 PM PDT by Vendome (Don't take life so seriously... You'll never live through it.)
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To: Pining_4_TX

Just asking, since I don’t wast very much money going to movies these days - why is Nicolas Cage in such economic trouble?
As an aside the bathroom colors in the photo shot seem designed to induce a throw-up response if over indulged! Just a lame observation.


31 posted on 04/09/2010 9:09:35 PM PDT by J Edgar
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To: donmeaker

UGH, her.

I think you meant Andie MacDowell, but anyway. I just re-watched St Elmo’s Fire (circa 1984) a couple of weeks back and couldn’t believe her terrible acting. Strikingly bad~! lol but, she is beautiful. He, on the other hand, is not.


32 posted on 04/09/2010 9:13:20 PM PDT by Gapplega
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To: JoeProBono

as my friend from college used to say: “Crazy as a shit-house rat”


33 posted on 04/09/2010 9:14:56 PM PDT by Gapplega
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To: stephenjohnbanker

In the current market the bank will be lucky to get $10mil.

Even Rancho Santa FE, La Jolla, Fairbanks Ranch, in San Diego County are at least down 30%.


34 posted on 04/09/2010 9:17:15 PM PDT by dalereed
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To: Gapplega

35 posted on 04/09/2010 9:25:12 PM PDT by JoeProBono (A closed mouth gathers no feet)
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To: JoeProBono

I meant Nic Cage not you!


36 posted on 04/09/2010 9:26:49 PM PDT by Gapplega
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To: Pining_4_TX
Ah yes.

Those same Hollywood peeps who choose to lecture us, via movie lines, on how to live our lives.

"frat-house bordello"?

For some reason, I can visualize this.

Thanks anyway

.

37 posted on 04/09/2010 9:32:08 PM PDT by Seaplaner (Never give in. Never give in. Never...except to convictions of honour and good sense. W. Churchill)
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To: Pining_4_TX

Source
Source

38 posted on 04/09/2010 9:38:07 PM PDT by hole_n_one
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To: dalereed

“In the current market the bank will be lucky to get $10mil.”

No doubt. Wealthy people are scared of Obama too. 10 to 1 it will sell to someone from Asia, or the UAE.

Hey, Maybe Cage can cash in on this catastrophe!

New movie

“Leaving Bel Air”


39 posted on 04/09/2010 9:41:35 PM PDT by stephenjohnbanker (Support our troops....and vote out the RINOS!)
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To: hole_n_one

I see the Elvis idoltry.
The exterior reminds me of my ivy covered high school.


40 posted on 04/09/2010 9:42:26 PM PDT by onyx (Sarah/Michele 2012)
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To: hole_n_one
Correct source link is here
41 posted on 04/09/2010 9:42:29 PM PDT by hole_n_one
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To: hole_n_one

His taste is in his mouth.


42 posted on 04/09/2010 9:45:36 PM PDT by Hoosier-Daddy ( "It does no good to be a super power if you have to worry what the neighbors think." BuffaloJack)
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To: onyx
What do you make of that huge piece in the last pic on the left?

I"m thinking it's some sort of a time travel portal.

43 posted on 04/09/2010 9:47:11 PM PDT by hole_n_one
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To: Beowulf9
"Not talking about Obama, talking about Nicolas Cage."

True, Cage only got a percentage. Obama spent everything else.

44 posted on 04/09/2010 9:49:03 PM PDT by DannyTN
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To: hole_n_one

It looks like amethyst or something similar.


45 posted on 04/09/2010 9:49:16 PM PDT by Pan_Yans Wife
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To: Pining_4_TX
There's always Plan B.

Photobucket

46 posted on 04/09/2010 9:51:54 PM PDT by death2tyrants
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To: hole_n_one

Zero?.. Yeah look at the wild colors, I am not surprised. The worlds largest geode (sp?) in that last pic looked pretty cool though. But it ought to be in a museum .


47 posted on 04/09/2010 9:53:11 PM PDT by catfish1957 (Hey algore...You'll have to pry the steering wheel of my 317 HP V8 truck from my cold dead hands)
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To: Pan_Yans Wife
This site has an amethyst stone with a dimension of 31"h x 25" wide for $4,500.00..

The one the pic has to be at least 6 ft. high and 5 ft. wide.

48 posted on 04/09/2010 10:00:12 PM PDT by hole_n_one
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To: hole_n_one
WOW...Nice Green bathroom with Chinese motif...LOL Who does nic cage think he is??
49 posted on 04/09/2010 10:02:43 PM PDT by jakerobins
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To: hole_n_one

That’s one large stone.

IF that is amethyst in the picture, it looks like it is made of small crystals. I got an amethyst stone that was the size of my fist when I was a girl. It wasn’t gem quality, the color wasn’t pure, it was made of smaller crystals clumped together and over the years it just crumbled in my hands. It probably cost my mother $35 when she bought it.


50 posted on 04/09/2010 10:04:44 PM PDT by Pan_Yans Wife
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