Bank May Foreclose On Burt Reynolds' Fla. Home

JUPITER, Fla. (CBS4) -- A bank is seeking to foreclose on Burt Reynolds' Florida home so it can collect about $1.2 million for a mortgage.

Merrill Lynch Credit Corp. has filed a lawsuit in Martin County against Reynolds, BankAtlantic and Great Eastern Mortgage, claiming the actor has not made a mortgage payment since Sept. 1, 2010, on the 12,500-square-foot house.

Merrill Lynch is asking a judge to order the home sold to satisfy debts. The county property appraiser valued the Mediterranean-style home at $2.4 million.

The Stuart News  reported 75-year-old Reynolds tried to sell the home in 2009 for $8.9 million, but he said then that the economy was making it difficult to sell.

Reynolds said in a statement through his publicist Wednesday that he was surprised by the lawsuit.

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