It Doesn't Pay To Do Steroids

By
Real Estate Agent with Coldwell Banker

 The man made famous first for hitting home runs, partying and steroids is now the most famous victim of foreclosure.  When he played baseball he was known for a powerful physique and swing.  His excess was legendary.  Most recently, he is the man that brought the scandal of steroids to the public eye and to congress.  Roger Clemens would still be an untarnished legend if Jose had kept quiet.  Today, I read this article on the foreclosure of his 7,500 square foot home in Encino.

Canseco, 43, one of the most flamboyant U.S. baseball players until his retirement from the major leagues in 2001, told the celebrity TV show 'Inside Edition' that it did not make financial sense to keep his 7,300-square-foot home in the Los Angeles suburb of Encino. 'Inside Edition' said it had foreclosure documents showing Canseco owed a bank more than $2.5 million on the house.

The irony is that I was in Costco and saw that his new book on baseball scandal’s was just released.  Only if the lender could have waited a little longer…

Comments (3)

Bart Whitmore
Keller Williams- Louisville - Louisville, KY
Real Estate Agent
Well maybe he will be able to buy a new home with the money he recieves from his new book.
May 01, 2008 02:16 PM
Ken Tracy
Coldwell Banker Residential - Naperville, IL
Helping clients buy and sell since 2005

I am surprised it is happening to Jose.  I would think withall the pub he would be doing ok.

Ken

May 01, 2008 02:18 PM
Tony & Darcy Cannon
Aubrey and Associates Realty - Layton, UT
The C Team
Just goes to show you it isn't always how little or much someone makes, it's how much they spend!
May 01, 2008 02:47 PM