The disgraced former Heisman Trophy winner purchased the property in 2000 for $575,000 and court papers parsed by South Florida celebrity and property gossip Jose Lambiet at Gossip Extra reveal he now "owes the bank a grand total of $892,283.11, including the $660,000-principal, fees, interests and court costs." The house, assessed by the Miami-Dade County appraiser at only $481,000, is scheduled to be auctioned on October 29 (2013).
Property records and aerial imagery show the single story 4 bedroom and 4 bathroom residence sits on 1.65 landscaped acres with a circular motor court, a half-court basketball court and a swimming pool.
What Your Mama wants to know is how come it took the bank three years to foreclose? They don't normally wait that long to foreclose on less (in)famous people, do they?
*Mister Simpson was recently granted parole on a few of his many convictions but will remain in prison for at least four more years.
aerial photo: Bing
