The former 'Two and a Half Men' star racks up the hefty amount in outstanding bill since he reportedly thought he didn't have to pay mortgage while his home was in escrow.

AceShowbiz - Actor Charlie Sheen has saved his California home from foreclosure by settling an outstanding mortgage bill.

The "Wall Street" star has been in the midst of trying to sell off his seven-bedroom, seven-bathroom Beverly Hills property, but has so far had three different potential buyers back out at the last minute.

According to The Blast, Sheen didn't see the need to continue making the mortgage payments while the home was in escrow, as it was about to be transferred to the new owners, but after each of the deals fell through, the amount owed over the six months had climbed to over $80,000 (£62,250).

Bank bosses eventually began foreclosure procedures, but now Sheen has handed over the outstanding sum to avoid losing ownership while he continues to try and offload the estate.

The Mediterranean-style property also has a movie theatre, games room, and a home gym, while the master bedroom even boasts its own screening room and a wet bar. It is currently listed at just under $8.5 million (£6.6 million).

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