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SANTA BARBARA, Calif., Nov. 12 (UPI) -- Legal documents obtained by the Mortgage Lender Implode-o-Meter Web site show Michael Jackson's Neverland Ranch in California is in foreclosure.
Jackson's representative last week denied reports that the singer was about to lose his compound/amusement park because he was not up-to-date on the mortgage payments, TMZ.com said.
"(He) was never in default of the loan," the representative said.
However, the Mortgage Lender Implode-o-Meter has obtained a "Notice of Default and Election to Sell" document, which states the property is in foreclosure because about $213,000 in payments on the $23 million loan is overdue, the report said.
The notice specifically states "a breach of, and default in, the obligations for which the Trust Deed is security -- has occurred," TMZ.com said.
Jackson could still sell the estate if he can close the deal before the foreclosure is completed.
The singer's representative told TMZ.com her earlier statement stands.
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