For those of you who have better things to do than read gossip magazines, Ed McMahon was very close to being foreclosed on for defaulting on his $4.8M loan for his home in Beverly Hills, in Los Angeles.

Thanks to a private buyer, Ed no longer has to worry about that! The former “Tonight Show” and “Star Search” TV host has agreed to sell his home and wiggle his way out of foreclosure.

Perhaps during his time with American Family Publishing, he should have kept one of those big checks to pay off all of his debts!!

Another Hollywood Role Model!For those of you who have better things to do than read gossip magazines, Ed McMahon was very close to being foreclosed on for defaulting on his $4.8M loan for his home in Beverly Hills, in Los Angeles.

Thanks to a private buyer, Ed no longer has to worry about that! The former “Tonight Show” and “Star Search” TV host has agreed to sell his home and wiggle his way out of foreclosure.

Perhaps during his time with American Family Publishing, he should have kept one of those big checks to pay off all of his debts!!

Another Hollywood Role Model!For those of you who have better things to do than read gossip magazines, Ed McMahon was very close to being foreclosed on for defaulting on his $4.8M loan for his home in Beverly Hills, in Los Angeles.

Thanks to a private buyer, Ed no longer has to worry about that! The former “Tonight Show” and “Star Search” TV host has agreed to sell his home and wiggle his way out of foreclosure.

Perhaps during his time with American Family Publishing, he should have kept one of those big checks to pay off all of his debts!!

Another Hollywood Role Model!