 by : Celebs101 Staff on 11-Nov-2007
Wacko Jacko is not yet in the run to give away his Neverland Ranch yet to anyone even though he still can’t afford to pay his mortgage. Michael Jackson's rep Raymone K. Bain says, "Mr. Jackson is in the final stages of refinance and will not lose Neverland Valley Ranch." Jackson already owes over $23 Million Dollars in payments for mortgage and along with that he has $212,000 in interest which he has got to pay until the next 90 days but he’s thinking of to refinance his ranch actually now that the loan has matured.
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