Former Titans running back Eddie George has run into a real estate mess involving his home in Tennessee.
George was taken by surprise this week when he found out that a foreclosure auction of his house was set for June 7th. George’s accountant told the Tennessean that he has been trying to modify the mortgage on the house, which was purchased in 2007 for $1.645 million and is listed for $1.1 million at auction, but never received notice that a foreclosure was underway.
“I was on the phone (Thursday) with IndyMac and was not told our loan was in immediate foreclosure, nor have we received any additional information from the lender indicating such,” Larry Goodman, George’s accountant said. “The loan modification process in our country is difficult at best, and this is another example of it. ... We’re not trying to walk away from anything. They love living there, it’s a great house. Like anybody else who buys an expensive house, it flipped on him.”
Goodman said that George deliberately missed several payments because the mortgage company wouldn’t discuss a modification while the account was up to date. He wouldn’t discuss how much George owed, but said that George is financially stable.
