With all the media coverage of Ed McMahon's ongoing fight against foreclosure, who knew it would be The Donald to save the day?! Yes, Donald Trump has agreed to purchase Mr. McMahon's Beverly Hills estate for an undisclosed amount, and allow him to stay rooted in his home of 18 years.
At 85 years of age, McMahon, suffering from a neck injury he incurred nearly two years ago, has been unable to work while trying to avoid foreclosure. Just two weeks before the lender-established selling deadline, Donald Trump has agreed to purchase the home and lease it back to McMahon, a TV favorite from his college years. The six-bedroom, five-bathroom house had been on the market for about two years while the man best known as Johnnie Carson's 30-year sidekick struggled to maintain it. Once listed at $7M, the listing price has dropped in increments to a recent $4.6M, with Mr. Trump's final purchase price still unknown.