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Nicholas Cage's house repo'd.

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Nicholas Cage's house repo'd.

Old 04-10-10, 12:20 PM
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Nicholas Cage's house repo'd.

http://finance.yahoo.com/real-estate...ealestate-sell
Debt-ridden movie star Nicolas Cage lost his Bel Air mansion to foreclosure on Wednesday. The courthouse auction was a flop, as no one was willing to make the minimum $10.4 million bid. Stephen Shapiro, realtor and owner of Westside Estate Agency, said this clears out speculators and most lenders with stakes in the property, leaving Citibank as the sole owner.

Cage owes $11 million to Citibank, the current owner of the mansion. Shapiro said he's had the house on the market for nearly a year and is trying to get approximately $11.5 million.


Living Room

Located in the posh Bel Air community of Los Angeles -- this party palace has had several high-profile owners, including Rat Packer Dean Martin, Welsh crooner Tom Jones, and most recently Nicolas Cage, an Oscar winner who has appeared in more than 60 movies, according to IMDB.com, including "Raising Arizona" and "Leaving Las Vegas."


Bathroom

The bathroom and other parts of the house no longer contain Cage's possessions, including his extensive collection of framed comic books, samurai armor and giant Mickey Mouse statue. "Cage's possessions are what many people consider to be bizarre, not the house," said Shapiro.


Kitchen

Nicolas Cage's former home was built in 1940 "on a flat acre in a prime Bel Air location," Shapiro said. "It's about 12,000 square feet of two-story English brick Tudor house. It's very old world craftsmanship, great detail, a lot of charm, but specific in its tastes."


Hollywood Pool

It's important that Nicolas Cage's foreclosed home "should go to someone who wants to live there." Shapiro said. The person who will buy the house will be a resident. It's not going to be a speculator, because there's not enough money in it to flip it, he said.
What a terrible interior decorator. But damn, how does a guy like this get into so much financial trouble? I'd think that his income is relatively steady by taking more jobs. He seems to be well paid for the movies he does, etc. It just seems like if I made huge bucks, I wouldn't bother with loans. I'd pay cash, or I wouldn't buy....especially if I could go on a dry spell.
Old 04-10-10, 12:24 PM
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Re: Nicholas Cage's house repo'd.

All those movies, an academy award and still can't pay the bills.

I know he's had some issues but this is sad.
Old 04-10-10, 12:27 PM
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Re: Nicholas Cage's house repo'd.

My heart goes out to the guy. Can't afford a 10 million dollar house? Poor bastard.
Old 04-10-10, 12:28 PM
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Re: Nicholas Cage's house repo'd.

All because of his bird hair
Old 04-10-10, 12:32 PM
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Re: Nicholas Cage's house repo'd.

I was reading an article about a year ago regarding his horrible spending habits. He made plenty of money, but never was able to hold onto it.
Old 04-10-10, 01:17 PM
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Re: Nicholas Cage's house repo'd.

He owns more than one, or at least castle in Europe.

He spends 20 million dollars at a time, all over the world, at the drop of a hat.

I forget how many castles, ranches, and mansions he own but it was wild stuff.

He claims to blame his accountants but it's obviously his fault.
Old 04-10-10, 01:44 PM
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Re: Nicholas Cage's house repo'd.

Personally, I see this as a good thing. Now we're getting an abundance of bizarre vehicles starring Cage because he needs the work.
Old 04-10-10, 02:06 PM
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Re: Nicholas Cage's house repo'd.

He loves expensive real estate, and he has a bad eye for value.
Old 04-10-10, 02:08 PM
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Re: Nicholas Cage's house repo'd.

Saw Bad Lieut. last night. I'm telling myself I donated $15 (got it on Blu-ray) for this damn house. Because the movie was a little eccentric for my taste.

Last edited by DVD Polizei; 04-10-10 at 02:20 PM.
Old 04-10-10, 02:20 PM
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Re: Nicholas Cage's house repo'd.

Originally Posted by KillerCannibal View Post
Personally, I see this as a good thing. Now we're getting an abundance of bizarre vehicles starring Cage because he needs the work.
Yeah, I can see the sequel now...

FACE/ON

The sequel. From the mastermind director who brought you the pixelated and color-muted Blu-ray version of Bad Lieutenant.
Old 04-10-10, 02:30 PM
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Re: Nicholas Cage's house repo'd.

Nice house, tacky bathroom.

I hope he has enough room in his other houses to store all his wigs.

It won't take him long to get his money back. Hard to feel bad for the guy.
Old 04-10-10, 02:38 PM
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Re: Nicholas Cage's house repo'd.

I walked into a "vintage/thrift store" in Hawaii once looking for an older Hawaiian shirt. There were no price tags on items, so I asked the price for one of the shirts, to which the owner replied, $700. Holy crap, apparently I walked into the wrong place for my budget- who would pay that much for an old (1970s) shirt? The owner said Nic Cage was just in, and he bought 20.
Old 04-10-10, 02:42 PM
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Re: Nicholas Cage's house repo'd.

Originally Posted by filmerp View Post
I walked into a "vintage/thrift store" in Hawaii once looking for an older Hawaiian shirt. There were no price tags on items, so I asked the price for one of the shirts, to which the owner replied, $700. Holy crap, apparently I walked into the wrong place for my budget- who would pay that much for an old (1970s) shirt? The owner said Nic Cage was just in, and he bought 20.
How can a guy like this have financial difficulties? I think we have our answer!
Old 04-10-10, 02:47 PM
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Re: Nicholas Cage's house repo'd.

Originally Posted by KillerCannibal View Post
Personally, I see this as a good thing. Now we're getting an abundance of bizarre vehicles starring Cage because he needs the work.
Originally Posted by filmerp View Post
I walked into a "vintage/thrift store" in Hawaii once looking for an older Hawaiian shirt. There were no price tags on items, so I asked the price for one of the shirts, to which the owner replied, $700. Holy crap, apparently I walked into the wrong place for my budget- who would pay that much for an old (1970s) shirt? The owner said Nic Cage was just in, and he bought 20.

Magnum PI: The Movie
Old 04-10-10, 04:21 PM
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Re: Nicholas Cage's house repo'd.

How long before Cage texts Obama to get after these Citibank theives?
Old 04-10-10, 05:07 PM
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Re: Nicholas Cage's house repo'd.

Originally Posted by KillerCannibal View Post
Personally, I see this as a good thing. Now we're getting an abundance of bizarre vehicles starring Cage because he needs the work.
Nicholas Cage and Steven Seagal star in "Hard to Care"
Old 04-10-10, 05:23 PM
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Re: Nicholas Cage's house repo'd.

So is Dave gonna buy it?
Old 04-10-10, 05:39 PM
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Re: Nicholas Cage's house repo'd.

Supposdely he got scammed a year or two ago, lost everything and is being sued for millions $$$& more
Old 04-10-10, 06:24 PM
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Re: Nicholas Cage's house repo'd.

Originally Posted by DarkestPhoenix View Post
I thought he threw tons of money at Scientology? And that he sold his comic books because they discourage worldly possessions?

No, you're thinking of Lisa Marie Presley. Her adherence to Scientology was the reason for her divorces from Michael Jackson and Nicholas Cage (both refused to convert to the "religion" of Scientology.)
Old 04-10-10, 07:37 PM
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Re: Nicholas Cage's house repo'd.

At least I can finally see the long anticipated sequel to Ghost Rider and The Wicker Man.
Old 04-10-10, 08:26 PM
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Re: Nicholas Cage's house repo'd.

Originally Posted by Hadrian7 View Post
At least I can finally see the long anticipated sequel to Ghost Rider and The Wicker Man.
Wicker Rider?

Old 04-10-10, 08:41 PM
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Re: Nicholas Cage's house repo'd.

When I was in Germany I saw a castle that Nicolas Cage owned. It sucks that real estate crashed so much it used to be a good investment.
Old 04-10-10, 11:26 PM
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Re: Nicholas Cage's house repo'd.

I give him five more years before he ends up like Howard Hughes.

Old 04-11-10, 01:25 AM
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Re: Nicholas Cage's house repo'd.

Originally Posted by crazyronin View Post
No, you're thinking of Lisa Marie Presley. Her adherence to Scientology was the reason for her divorces from Michael Jackson and Nicholas Cage (both refused to convert to the "religion" of Scientology.)
Yeah, it was Lisa who made Cage sell his comic collection.
Old 04-11-10, 01:41 AM
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Re: Nicholas Cage's house repo'd.

I like Nic Cage, but the dude made $20,000,000 for National Treasure, and I'd guess at least that much for the sequel.

Even his small budget stuff nets him $2mil-$3mil.

$40mil+ in six years and he can't pay his bills (I even seem to remember a rumor Johnny Depp paid his tax debt for him); sorry, but no sympathy.

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