This week we’ve been spending considerable time talking about the the Rich and Famous Housing market.  Why?  Because even they have fallen victim to the stifling real estate slump. One such victim is Former NFL Quartback and United States Public Enemy #1, Michael Vick.  He has had considerable trouble selling his $4.5 Million Sugarloaf home which has been on the market since his imprisonment but according to reports needs to sell it to fund his legal fees, bankruptcy case and pay down his debt.

According court documents referred to in the Atlanta Journal-Constitution Vick has “substantial equity” in the property and a hefty mortgage for $2,850,000. The sale of the property “would provide [Vick’s] estate with the opportunity to generate revenues for the benefit of the estate and its creditors.”

Either Mike Vick had some really bad Karma coming his way from some skeletons in his closet or he’s got some really good fortune to be had because there’s gotta be a light at the end of this tunnel for him.