Login or Register
Welcome , Settings |  Logout
Tags:

Actor Burt Reynolds Faces Foreclosure on Florida Home

Tuesday, 16 Aug 2011 05:53 PM

 

Share:
More . . .
A    A   |
   Email Us   |
   Print   |

By Barbara Liston

ORLANDO, Fla, (Reuters) - Veteran actor Burt Reynolds is facing foreclosure on his longtime southeast Florida home, according to a lawsuit filed by a mortgage firm.

The 75-year-old is known for starring roles including in films "Deliverance" and "Smokey and the Bandit" from the 1970s. He also won a Golden Globe for his role as a porn king in the 1997 film "Boogie Nights".

The mortgage on the house in Hobe Sound that is facing foreclosure was taken out in 1994, a year after Reynolds' widely publicized divorce from actress Loni Anderson.

Reynolds, who had heart bypass surgery last year, stopped making the mortgage payments a year ago and owes Merrill Lynch Credit Corporation almost $1.2 million, according to the lawsuit filed August 9 in Martin County.

Merrill Lynch also named two other financial institutions that might have an interest in the property.

A local newspaper reported in 2009 that Reynolds placed the 12,500 square foot, waterfront house, which he called Valhalla, on the market for $8.9 million.

The lawsuit lists a Little Rock, Arkansas, address for Reynolds. Neither the actor nor his manager could be reached for comment. (Editing by Cynthia Johnston)

© 2013 Thomson/Reuters. All rights reserved.

Share:
More . . .
   Email Us   |
   Print   |
Around the Web
Join the Newsmax community.
Register to share your comments with the community. Already a member? Login
Note: Comments from readers do not necessarily reflect the viewpoint of Newsmax Media. While we attempt to review comments, if you see an inappropriate comment you can block it by rolling over the comment, clicking the down arrow and selecting "Flag As Inappropriate."
blog comments powered by Disqus
 
Email:
Country
Zip Code:
 
Hot Topics
Top Stories
Around the Web
You May Also Like

Some Big Insurance Companies Opt Out of California's Health Exchange

Thursday, 23 May 2013 20:31 PM

UnitedHealth, Aetna and Cigna, three of the nation's major insurance companies, have decided to sit out the first year o . . .

Schmitz: Who's Not Watching the Obama Administration?

Thursday, 23 May 2013 17:58 PM

Joseph E. Schmitz' Perspective: As the Obama administration attempts to ride out three major scandals, a fourth has yet  . . .

Boy Scouts Approve Policy Accepting Openly Gay Boys

Thursday, 23 May 2013 16:49 PM

In one of their most dramatic choices in a century, local leaders of the Boy Scouts of America voted Thursday to ease a  . . .

 
 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved