According to a very reliable source, Jay Z and Beyonce are interested in making a $100M offer on Michael Jackson’s home- Neverland Ranch.
The home – which is located nearly 1 hour away from Los Angeles is Santa Barbara sits on nearly 2500 acres and is about 4 square miles of property.
The insider tells us that if successful, Jay and Bey plan on creating not only a home for themselves on the property – but a number of state of the art recording studios.
But it’s not clear if the Neverland Ranch is even for sale. According to our snitch, there are a number of legal issues that have to be solved before the executors of MJs can even put it up for sale.