Trump Saves Ed McMahon’s Home By Buying It Out Of Foreclosure

Posted on August 15, 2008 1:23 pm
Categories: 2008 Trump Charity

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Trump Saves Ed McMahon's Home By Buying It Out of Foreclosure and Letting Him Live in it

Trump Saves Ed McMahon’s Home

Donald The Benevolent: Trump Saves Ed McMahon’s Home

The drama and embarrassment surrounding the imminent foreclosure of Ed McMahon may be over… thanks to Donald Trump. Although the details are not finalized yet, The Donald will buy McMahon ‘s house from the lender and allow Ed to live in it. The extraordinary real estate mogul and salesmen will simply lease the property back at a discounted price to McMachon.

Trump says that helping McMahon “would be an honor.”

“When I was at the Wharton School of Business,” Trump said, “I’d watch him every night. How could this happen?” The lender had set a two-week deadline for the house to be sold, so Trump came in at the nick of time.