Real estate mogul and reality TV star Donald Trump announced his plan to keep famous talk show sidekick Ed McMahon from losing his multimillion-dollar home to foreclosure.
“There are discussions, but it is not a done deal yet. We are optimistic,” a representative for McMahon told Reuters of Trump’s intention to purchase the Beverly Hills property and lease it back to the former “Tonight Show” announcer.
According to the Los Angeles Times, McMahon recently dropped the asking price of his home, which had been on the market for approximately two years, to $4.6 million, $200,000 less than the amount lent by Countrywide Financial Corp. and more than $2.5 million less than its original asking price.
I am very impressed with Trump willing to step up and step in to help McMahon to keep him from going into foreclosure. I just can not help to think that their are literally millions of people who have lost their homes. To bad their was not more people like Trump who were willing to help the American public.
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