FORMER KISS GUITARIST ACE FREHLEY MAY LOSE HIS HOME

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Gossip website Radar Online is reporting:

Former KISS rocker Ace Frehley might need to kiss his home goodbye after a bank has accused him of not paying the mortgage.

U.S. Bank National Association claims Frehley, who was the lead guitarist during the heyday of the famed heavy metal band, stopped paying the mortgage on his Yorktown, New York, house nearly two years ago, The Journal News is reporting.

In a February 15th foreclosure filing, the bank asked the court to order a sale of the house to pay for the outstanding principle of $703,581.48 plus other charges. In 2006, the rock star borrowed the money for a single family home on just over three acres that has three bedrooms and three bathrooms. The 2,441 square foot house has two floors.

Records also reveal Frehley’s house has almost two years of unpaid taxes, according to The Journal report.

Frehley, 61, left KISS for good in 2002 after the group’s purported “farewell tour.” In a 2009 interview to promote his solo album, Anomaly, he said he had kicked drugs and booze.

source: radaronline.com

Comments

  1. This is sad. I hope he’s ok.

  2. This really is sad, Ace has had more opportunities than most and this kind of situation just should not be happening. Perhaps if drugs and alcohol had not gotten in the way years ago, he would still be in the fold of a band that wakes up in the morning and makes 704K. I feel for Ace, but at the same time, I really don’t understand it. Future rockers, keep your financial house in order and put away some money for a rainy day. Fame is fleeting, your home should be your own.

  3. He needs to get out on the road! thats where the money is made, how many dates a year does he do? i would guess not many..still waiting for him down here in Texas. I would guess if Kiss draws well he would to and i’d rather se him than Kiss at this point.

  4. While we don’t know the whole story here, this is a very sad thing to read about. I would have thought Ace was pretty much set for life. Though I very much respect Gene and Paul all the same, it would be a real show of class for them to step in and help their old bandmate out here, despite all the past BS that happened between them all. I am sure Gene could write a check to take are of everything and still have millions left over. Hang in there Ace, you’ve endured so much already.

  5. Yeah, as much as people want to believe that Gene & Paul are just money grabbing tyrants, I know they will help Ace if he asks.. God bless you Spaceman…

  6. i’m hoping and praying that ace takes care of this once and for all. love you ace i’m still waiting for you to play in indiana. xoxo always, jessica

  7. Brian Bulakites says:

    How dose something like this happen in the first place? He had a great album out that had huge sales and a pretty good tour why would someone sober up just to screw up other aspects of his life is’nt that what getting sobers all about.

  8. Ace lives in San Diego, Ca. He moved there probably around the time he stopped paying the mortgage on the aforementioned property. Due to the collapse of the real estate market he could have been underwater on the house and did what a lot of people do. He’s never shown himself to be a businessman as he has declared bankruptcy prior to reuniting with kiss. Don’t feel sad for him. He’s blown more money than you and I can ever dream to make in our lifetimes combined. I don’t think ace is sitting around feeling sorry for us.

    • Steve’s right, Ace has consistently blown opportunities for many,many years. I think Paul and Gene are greedy jerks…but they’re out there still busting their ass, for better or worse, they’re still active. Ace has released how many albums in the past 20 years? He’s not a road dog either. His situation sucks, but my God, he’s no victim here.

  9. Feel sorry for him? You people are idiots! Another drunk, coke head who threw his money away, and did nothing to plan for the future. Gene, and Paul need to bail him out and give him money? You morons probabkly voted for Obama! Hey Ace, I have no sympathty for you.

  10. Adriano Fonseca says:

    Too bad… A man who’s made so much for the music…

  11. Wow what a dope

  12. ACE is a rebel,lived on the edge from the beginning and still is and always will just the way rebel’s work,but feel for him and love his music,the spaceman will rebound when he returns back to the cords,ahh..im sure

  13. David Waites says:

    It’s Sad the danm bank waits 2 years after the fact to do something about it,it’s mainly the banks fault to have drug this thought the mud for so long,it’s partly Aces fault for the taxes too.

  14. I wouldn’t read too much into this .
    There are millions of people that have walked away from their homes when they were under water. It’s called the housing market crash.
    30% of the nations homeowners are still under water / upside down .

    • The speculation about Ace is amazing by some. I know many will say I am just defending a friend, but the truth is nobody knows the real story here but Ace. I know nothing about his finances but can tell you he has lived in San Diego for about three years. So the perception that he is on the verge of homeless is not the case. But he has not lived in this house for a few years and sadly we hear about many instances where stuff happens like this for various reasons to all sorts of people and businesses. More to this than what is being reported I’m sure..

  15. John Alonzo says:

    Whos knows what this guy does with his cash, but dang if you have the money pay the fucken bill. For someone who has this fame and I guess fortune and lives the rocknroll life style and has the total disregard for what most of us deal with every month paying mortgage and bills, then Ace is totally at fault for his situation. There is a thing called a deadbeat.

  16. I bet he met with Gene in 2011 to discuss going back to Kiss. Gene didn’t say this publicly, because if promoters heard that Ace wanted back into Kiss, they wouldn’t want to pay for the Tommy/Eric lineup. Just guessing.

  17. Best of luck to you Ace. There are alot of assholes commenting about a situation they have very little info about. And of course Obama has to get drug into it, because what would any article about anything be without an Obama comment creeping in? No way in hell Gene or Paul write a check for him. That is just laughable. I agree with BigSled. Lots of people have just walked away from their homes, willing to take the hit that goes along with that, and have told the banks do what you gotta do. Ace may very well be going that route.

  18. best to ace , i can relate in many ways here , it ‘s not a good thing but for sure but maybe he knows a thing or two we don’t , in the end he’ll be fine i’m sure . i just wish him all the best …..after all he has had a huge impact in my life since i was 6 and i’m 41 now.. he inspired me to play the guitar and i thank him for that ..all the best to you going forward and i hope you come back down to louisiana again if you consider to tour again…. i saw you twice last time around…the only space ace

  19. As much as I love Ace as a member of KISS in the 1970s up until the Elder, he has basically sucked ass ever since, solo and otherwise. When Gene says Ace has sunk to the level of being in a club band, he is right. The only reason that Ace went back to KISS in 1996 was money, for all concerned. Ace is barely touring, preferring to do autograph sessions. That’s about all he is capable of doing at this point. Chances are, he is going to let the house go away, and live more conservatively. But that said, I’ll bet that Ace’s income streams are very limited since he left KISS the second time.

  20. Whats Aces personal problems got to do with anyone..bring on some new music!

  21. Hey Mike . I see you’ve been drinking the $immons and Stanley Kool-Aid . You should give us the ” full interview” you did with Ace so we can learn more !!
    Paul is a club band . Go look up his solo tours and see if he played any arena’s . And Gene’s too lazy to tour solo.
    Ace’s solo material ( although limited ) blows Pauls solo material out of the water .And we dont even wat to mention Gene’s release ; ***hole . Anyone would agree with that.

  22. Manc Lad 1967 says:

    I have followed Kiss and Ace in particular for many years and hope things work out for him. What i dont get is that surely he must still make a very healthy amount from royalties? How many Albums did he appear on with Kiss that probably still sell well? We have people here in England that have lived fine for 30 years on one hit record!

    • Hi,
      I wanted to respond to your comment about ACE. ACE has no rights at all with KISS. ACE sold his rights, royalities, etc back to Gene and Paul, years ago. He gets nothing from KISS anymore. It has been that way for years. Peter Criss too. The sold the rights back at the time cause they needed the money…just like today. Kinda hard to believe that after all the money he made from the Reuion Tours…he would have some of it saved. He does not! He spent it all! He gets by today…from doing Autograph shows…and whatever he can get from doing limited live shows.

  23. Johnny The Greek says:

    Strangely enough, the house just burned down recently. Arson has got to be suspected in this particular case.

    Even if he was only salaried at 50k per show since ’96, there should be no reason he couldn’t afford the house.

  24. Always been a KISS supporter and Ace was actually the member of the band who really stood out for me.Im not totally aware of all that’s gone on behind the scenes but from all the mudslinging going on, one can only wonder.I know Ace had serious problems with alcohol and drugs but the racist accusations? Someone shed some light on this please .Maybe Eddie would know? Great job you’re doing for Hard Rock /Heavy Metal Ed.Wishing you continued success \m/\m/

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