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August 15, 2008
Trump to Buy McMahon's Home
Real estate mogul Donald Trump is picking up a foreclosure bargain -- by agreeing to buy cash-strapped Ed McMahon's Beverly Hills home and allowing the former Carson sidekick, 85, to live in it.
The house had been listed at $4.6 million, and Ed paid $2.6 for it in 1990. Trump must be in a giving mood -- his son just announced that he's going to make Donald a grandfather for the second time.
McMahon announced in June that his home was facing foreclosure. Although no deal has been finalized, McMahon's publicist, Howard Bragman, has told "Extra" that he and Ed are "very optimistic, but we don't have paperwork signed yet -- but we are very optimistic." Trump recently sold his Florida mansion, Mar-A-Lago, to Russian tycoon Dmitry Rybolovlev for $95 million.
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The amount of money that Donald Trump probably has could and should go to help out someone who has been honest and forthcoming with his living above his means situation. Ed McMahon deserves to have someone come forward to help him at this time in his life. We all get ourselves in situations at times even Mr. Trump went through some very public hard times. Mr McMahon could have made excuses for himself but he didn’t that in my book says a lot in this day and age when many public people want to deny ever doing anything wrong. Hats Off to Mr. McMahon and Mr. Trump !!!