Holyfield facing foreclosure on his estate
Published:Friday | June 26, 2009 | 8:36 AM
Former heavyweight champion Evander Holyfield is facing foreclosure again on his sprawling estate in suburban Atlanta.
However Holyfield told The Associated Press earlier today that a settlement would be reached before the 54,000-square-foot home was auctioned.
A year after the 235-acre estate was first put on the auction block, a legal notice placed last week in the Fayette Daily News said Holyfield was back in default on his $10 million loan.
An auction was scheduled for July 7 on the courthouse steps.
The home located south of Atlanta on Evander Holyfield Highway has 109 rooms, including 17 bathrooms, three kitchens and a bowling alley.
