Donald Trump Did not Buy Ed McMahon Home

A private buyer has agreed to purchase the home of Ed McMahon. The selling price, and the name of the purchaser, will not be disclosed, because the buyer wants confidentiality. Donald Trump issued this statement:

"…The other buyer has signed a purchase agreement….subject to many contingencies including but not limited to a mortgage contingency. Mr. Trump clearly would not need a mortgage and would be capable of closing this transaction immediately. If the other buyer should be successful in this bid, Mr. Trump truly hopes that they do the right thing by Ed McMahon and not have this 85-year-old American icon removed from the property."

Howard Bragman, McMahon’s spokesman, said McMahon and his wife, Pamela, will move out of the home when the sale is complete.

The sale of his home must be a huge relief for Ed. Hopefully he’ll be able to resolve his many other debt related lawsuits as well.