Cordele Dispatch, Cordele, GA

Local news

July 6, 2009

Home auction delayed for boxer, Ga. schools head





FAYETTEVILLE, Ga. (AP) — The auctions of the Fayette County houses belonging to former heavyweight Champion Evander Holyfield and to state schools Superintendent Kathy Cox have been postponed.



The houses were scheduled to be sold Tuesday at the Fayette County courthouse after both went into foreclosure. Philip Hasty, an attorney with the law firm handling the auctions, declined to give a reason why they were put on hold.



Holyfield's 109-room Fairburn mansion valued at $10 million has gone into foreclosure twice. His second home valued at $216,000 is also scheduled to be sold at auction.



Cox has said she is working with her mortgage company to help save her family's $450,000 Peachtree City home. Cox and her husband filed for bankruptcy earlier this year.



___



Information from: The Atlanta Journal-Constitution, http://www.ajc.com

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