April 9, 2009
Bank foreclosing on O.J. Simpson’s Florida house
To be honest, I thought OJ would have set up a trust using his NFL pension of about $200K per year, to provide a home for his kids, that automatically paid for it all, and provided them a home. OJ's pension was an asset that could not be touched in the civil suits against him. It urked everyone to know he was able to live a life on $200K a year, play golf, and want for nothing. His pension may have been set up to repay his legal fees over time, but while he is in prison he still collects his pension every month I believe. I am also suprized that in todays real estate values, he lived in a home that most middle class income people probably live in. Not real sure about Florida values but in Los Angeles, his Brentwood home would have been worth several million. That Brentwood home was auctioned, and the buyer leveled it an built a new house. OJ is my age, and old enough to collect social security, I am not sure what happens to that when you are in prison. OJ's appeals I think were all turned down, I believe he may live out his days in prison, or at least not be released for many many years. I wonder if you will ever hear a deathbed confession from OJ, who I remember watching his greatness at USC.
2 hours, 55 minutes ago
tweet55EmailPrintMIAMI (AP)—A bank is foreclosing on the Florida home of O.J. Simpson, who is serving time in a Nevada prison for kidnapping, armed robbery and other charges.
Miami-Dade Circuit Court records show that JPMorgan Chase filed for foreclosure in September. Simpson’s attorneys have since filed a motion to dismiss the case.
Simpson bought the four-bedroom, four-bath house south of downtown Miami in 2000 for $575,000. Its current assessed value is $478,401.
The 64-year-old former football star and actor is serving a nine-to-33-year prison sentence in a 2007 armed confrontation with sports memorabilia dealers in a Las Vegas casino hotel room.
Simpson was acquitted in 1995 in the Los Angeles slayings of his ex-wife, Nicole Brown Simpson, and her friend, Ronald Goldman.