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Marcellus Wiley Sacked by Foreclosure

For 10 years, former NFL defensive end Marcellus V. Wiley menaced quarterbacks, playing for the Buffalo Bills, the San Diego Chargers, the Dallas Cowboys and the Jacksonville Jaguars. Now he may be sacked by foreclosure.

Wiley, better known as “Dat Dude,” is having a bit of financial trouble in the Los Angeles County, Calif. real estate market. Last month his lender — La Jolla Bank FSB — filed a notice of default on a $5 million construction loan made in 2007.

Wiley, who bought the six bedrooms, 5.5 bathroom estate for $1,945,000 in 2004, appears to be “under water” on the mortgage. Known as “Casa Blanca,” the 6,986 square-foot estate sits on huge 70,000 square-foot lot in the prestigious Indian Springs Estates, which is located between Simi Valley and Porter Ranch, Calif.

Wiley now joins a long — and growing list — of celebrities facing foreclosure. Keep reading ForeclosurePulse for the latest celebrity foreclosures.

Posted: Tue, November 10 2009 9:50 AM by Octavion

Comments

Kenneth Nelson said:

Hang in there big fella.  Take a deep breathe and let them know that you are still working and can produce. Check with other institutions and even check with the NFL retirement committee about a loan. Does ESPN have a credit union? You have options. Don’t let them take your “casa.”

Kenneth Nelson

 

# January 13, 2010 8:46 AM