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Old 08-18-2011, 5:37am   #1
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Default Smokey Nails the Bandit

Actor Burt Reynolds faces foreclosure on Florida home | Comcast.net

Actor Burt Reynolds faces foreclosure on Florida home
By Barbara Liston, Reuters
Tue Aug 16, 4:53 PM EDT



ORLANDO, Fla — 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.
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Old 08-18-2011, 5:44am   #2
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bummer
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Old 08-18-2011, 9:10am   #3
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that sucks...
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Old 08-18-2011, 10:52am   #4
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He's 75?!?!?!?!?!?!?! Crap, time flies when you're not lookin'.
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