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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.