Wacko Jacko isn't ready to give up on his Neverland ranch just yet, although he can't afford to pay his mortgage.
Michael Jackson's rep Raymone K. Bain says, "Mr. Jackson is in the final stages of refinance and will not lose Neverland Valley Ranch."
Jackson is going to refinance the ranch now that the loan has matured. He currently owes over $23 million dollars in mortgage payments, along with $212,000 in interest, and has to pay that off within the next 90 days.
It would have been interesting if Brangelina actually purchased the infamous property but Neverland has Wacko Jacko written all over it.




























