Skip to comments.Nicolas Cage's foreclosed house nets zero at auction
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 ...
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.
The bidders must’ve seen Wicker Man.
Whoever buys that needs to redecorate it sounds like unless they plan to turn it into a Planned Parenthood Playteen Playhouse.
He’s already spent all the proceeds from finding the National Treasure?
Very few forclosures ever sell at auction, they go back to the lender who has to sell them at a loss.
“One Realtor described its decor to the Times as “frat-house bordello.”
Nice! Me like!
Taxed Enough Already there Nicky boy?
“Hes already spent all the proceeds from finding the National Treasure?”
Not talking about Obama, talking about Nicolas Cage.
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.
haha, I thought I was the only one out there that remembers that awful movie
“Tudor estate went on the block starting at $10.4 million”
You can buy a vote in congress for less than that.
Were they Bringing out the Dead?
You think Obummer would have stayed the forclosure for Nick. Poor nick must have not give the Max donation for the Messiah.
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
Hollyweird is alive and well.
House comes with bee keeping equipment. :P “AHHH! NOT THE BEES!”
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.
Who else? Please do tell.
Someone in my immediate family applied to be their Nanny a while back. Strange Dude: drinks alot and very demanding.
He’s always been a terrible actor, second only to Keanu Reeves for his awfulness.
Lots of fame and fortune don’t always buy good taste or good business sense.
Just goes to show that money is something for a rainy day. Our elders knew well.
Well, there is Angie MacDowell....
I couldn’t agree with you more with that assessment.
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.
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.
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.
as my friend from college used to say: “Crazy as a shit-house rat”
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%.
I meant Nic Cage not you!
Those same Hollywood peeps who choose to lecture us, via movie lines, on how to live our lives.
For some reason, I can visualize this.
“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!
“Leaving Bel Air”
I see the Elvis idoltry.
The exterior reminds me of my ivy covered high school.
His taste is in his mouth.
I"m thinking it's some sort of a time travel portal.
True, Cage only got a percentage. Obama spent everything else.
It looks like amethyst or something similar.
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 .
The one the pic has to be at least 6 ft. high and 5 ft. wide.
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.
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