molesting valley ranch , owned by michael davis , is to be traded at auction on march 19 , 2008 , unless jackson payments over us $ 24 million . financial title company , the manager of his santa barbara county , ohio , home and amusement park , has mortgages on the property . they notified jackson of the foreclosure and closed on monday . jackson had only just recently paid an overdue property tax bill of $ 600 , 000 .
Michael Jackson is the owner of Neverland.