A public auction has been set for June 2005 , according to court documents . Jackson owes millions of dollars on the property . Michael Jackson insider : `` The financing is all being worked out '' The singer has not lived at Neverland since March 19 .
A public auction has been set for March 19 , according to court documents . Jackson owes $ 24.5 million on the property . Jackson insider : `` The financing is all being worked out '' The singer has not lived at Neverland Ranch since June 2005 .