Michael Jackson has narrowly avoided losing his house in Los Angeles, after paying off debts of $414,806

The ‘Thriller’ singer’s three-bedroom, three-bathroom property in Encino had been scheduled to be sold at a public auction on May 5, according to A Notice of Trustee’s Sale filed on April 11.

However, the 49-year-old musician has now saved the house by settling his debts.

A spokesperson for the singer said: “The property has been paid and is no longer in foreclosure.”

Last month, Jackson managed to save his 2,800 acre Neverland ranch, in California, from going to auction after working out a deal with Fortress Investment Group LLC to refinance the property instead of paying the $24.5 million fee.

Jackson’s lawyer L. Londell McMillan said: “They’ve sorted out a confidential agreement. Neverland and Michael Jackson are fine.”

Fortress Investments originally loaned Jackson $300 million to pay off his debts and threatened to sell the property through a Santa Barbara real estate broker if it wasn’t sold at auction.

The King of Pop bought the property in 1987.

Source: The List