neverland valley property , owned by michael jackson , is to be sold at bid on july 19 , 2008 , although jackson receives over us $ 24 million . financial title company , the director of his port cruz region , california , home and amusement park , has foreclosed on the property . they alert jackson of the foreclosure and release on monday . jackson had only just recently paid an debts local rent bill of $ 600 , 000 .
Michael Jackson is the owner of Neverland.