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Burt Reynolds Faces Losing His Florida Mansion

August 17th, 2011 8:45am EDT favorite Add to My News

Burt ReynoldsVeteran actor Burt Reynolds reportedly faces losing his Florida mansion after failing to pay off his mortgage debts.
 
The Smokey and the Bandit star owes almost $1.2 million in payments, dating back to last year, according to a new lawsuit.

Reynolds is reportedly trying to sell the sprawling property for $8.6 million, despite it being valued at just $2.4 million.

Now, officials at Merrill Lynch Credit Corporation are seeking a court order for the home to be sold, reports Britain's Daily Mirror.

The property includes a private cinema and hair salon.


Burt Reynolds

Photo Credits: PR Photos


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