Trump has competition for McMahon’s house

Ann Brenoff has posted on the LA Times blog that the Donald Trump-Ed McMahon deal may not go through, as The Donald now has competition to buy the place.

The listing agent reports that an anonymous second buyer has shown up. Interesting. We thought the listing agent went to New York to ask Trump to please help out McMahon. And now there’s a mysterious buyer.

Are they hoping for a bidding war, perhaps? The Wall Street Journal was reporting that McMahon owes various creditors, not just the mortgage company, several million dollars. So while a sale may help him avoid foreclosure, it won’t help him pay off the other bills he has.

So we wonder, is this situation something cooked up by the listing agent to get a higher price out of the house? Or is this second buyer really legit? We’ll keep watching for updates.

Tomorrow morning we’ll have a beautiful Canadian home to show you, instead of all of this McMahon news. Promise.