Jose Canseco’s home in foreclosure

2 05 2008

For most of my life I have looked at Jose Canseco as a larger than life baseball hero. He was best-known for crushing 500-foot home runs, driving Lamborghini sports cars, and having a rock n’ roll fling with pop star Madonna. It wasn’t until I read this devastating account of Jose’s day to day affairs that for the first time in my life I began to feel sorry for him. No longer is Jose the cartoon caricature many love to hate, his fame is fleeting or almost completely gone, and his name is poison in the mouth of any Major League ball player. If you talk about biggest fall from graces, unfortunately Jose Canseco is high on that list. This week his home was foreclosed on. Below are the details.

Source: Inside Edition

A palatial house in Encino, California may be the most famous foreclosure in America today. It has just been taken over by a bank from one of the most recognizable names in sports.

Former baseball star Jose Canseco may be the highest profile homeowner to fall victim to the foreclosure crisis. A foreclosure document shows he owes the Washington Mutual Bank more than $2.5 million on the house.

Jose Canseco took all of his property from the Encino mansion, and the drapes and blinds are tightly closed. The grass is overgrown, and an air of sadness lingers because this home used to belong to one of baseball’s greats. Neighbors called it “the Hotel,” because it is much bigger than all of the other homes in the neighborhood.

“I live in a much smaller home. I’ve got way less than I had before,” Canseco told INSIDE EDITION’s Jim Moret. Moret caught up with Canseco, who blew the lid off the baseball steroid scandal in 2005, as he signed copies of his newest best-selling book Vindicated.

Jim Moret asked Canseco, “Are people thinking, ‘Hey if this can happen to Jose Canseco, it can happen to me’ ?”

“It’s happening to anyone and everyone,” was Canseco’s answer.

So how does a guy who made an estimated $30 million in baseball and has two best-selling books end up losing his home?

“Go through a couple divorces, $7 or $8 million cash…I’ve taken care of my family for 20 something odd years, that gets expensive when you’ve got a whole group of people relying on you for income.”


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6 responses

2 05 2008
Rob

HOLY C%$&! I never expected this one coming.

2 05 2008
Stupid

This guy is an Idiot. The numbers don’t add up. What a losser! I wont buy the books from this kind of a creep!

2 05 2008
mmosley

The ultimate collectible: GAME USED HOUSE!

3 05 2008
The Infamous Tatiana

Okay, stupid? Really living up to the name there, I see. Momma must be proud.

Any how, it’s not just Canseco that has had his house foreclosed on. There are thousand of Americans losing their homes, cars, etc. We are in a very bad recession, people. In case you haven’t noticed. The economy isn’t doing so well.

14 05 2008
topofthethread

Love it!

12 07 2008
Jim

I cannot wait until this narcissistic, air-headed, twitching, lisping, metro-sexual prima donna burns his last bridge and unwittingly escorts himself into complete and total obscurity.

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