Former Baseball Star Jose Canseco has California Home Foreclosed

“Jose Canseco, the former AL MVP who made millions during his baseball career, has had his home foreclosed. “Inside Edition” that he walked away from his $2.5 million, 7,300-square foot home in suburban Encino because it didn’t make sense to continue making payments.

I do have a judgment on my home and it to me is very strange because it didn’t make financial sense for me to keep paying a mortgage on a home that was basically owned by someone else,” he said in an interview that aired Thursday.

You know my life, this financial thing, is a very complicated issue. Obviously, when you make all that money, people think, `OK, let’s assume it is $35 million.’ People have to understand that $35 million, you’re paying the government 41 percent. That leaves you with about $17 or $18 million, not even. Then you’re taking care of your whole family.”

Yahoo, AP News

March 19, 2008, – We have officially re-launched our website offering new foreclosure services.

Here are our new features:

We’ve updated the look and feel of our website and created an easy to use interface.

Listings Page:
You can now search for foreclosures by State, County, City and Zip with any difficulty.

Research Page:
We give users free access to any of the US 51 states Foreclosure Index.
Have a question about foreclosure Laws in you state? Well now you can view Foreclosures Laws by State.
Use our Foreclosure Glossary for a better understanding of foreclosures and the real estate industry.
We’re reinvented our Foreclosure Tutorial to add The Foreclosure Learning Center

News Page (updated daily):
Read up-to-date Mortgage News on our Finance page as well as find a loan program.
We’re tied in our Real Estate News data giving home buyers in-depth articles on the housing market.