Daniel Knighton/Getty ImagesSteve Miller is facing a federal lawsuit after allegedly backing out on a deal to buy a $6.7 million mansion in New York’s Dutchess County at the last minute, the New York Post‘s Page Six reports. According to the gossip site, the Rock and Roll Hall of Famer had put a $670,000 down payment on the home, but changed his mind about the sale on the eve of the closing last month after an appraisal deemed the property to be worth $4.3 million.
The suit, which was filed in Manhattan, says Miller claimed that the reason he gave for reneging on the deal was that he’d be unable to get a mortgage approved because of the appraisal. The mansion’s owner, former Toys “R” Us CEO John Eyler, claims that the contract states that the house’s sale “is not contingent upon a satisfactory appraisal,” because the home features unique improvements, among other factors.
Eyler and his wife also charge that the appraisal was rushed and flawed, while maintaining that they are entitled to keep Miller’s down payment. They also suggest that the 73-year-old rock star doesn’t need to secure a mortgage because of his financial security.
The mansion, which is in Lagrangeville, New York, features three bedrooms and five bathrooms and sits is located on an 87-plus-acre property that includes a pond, waterfall, pool and guest house.
Last year, Miller made headlines before, during and after his induction into the Rock and Roll Hall of Fame when he angrily lashed out at the institution in numerous media interviews.
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