You would think that Donald Trump would know better, but I guess he has let his celebrity status go to his head. This article discusses the rules of real estate 101; suggesting that Donald Trump should have kept his mouth shut about planning to buy McMahon’s home as a pre-foreclosure.
E! Online confirmed that McMahon did find a buyer for his troubled home headed for foreclosure and the buyer was not Donald Trump!
Trump announced to the world that he was planning to buy McMahon’s house for an undisclosed amount of money and then lease it back to McMahon. Looks like someone else heard the news and inked the deal before Trump.