A public auction has been set for March 19 , according to court documents . Jackson owes $ 24.5 million on the property . `` Michael Jackson 's ranch is not going to be auctioned off at the courthouse , '' the Jackson insider said . Jackson insider : ` ` The financing is all being worked out '' and it will be done in a very private way so that no one knows about this until after the sale'
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 '' and it will be done in a very private way so that no one knows about this until after the sale'