Photo: Beyonce And Jay-Z To Buy Michael Jackson’s $100m Home

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 isSanta 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 oursnitch, there are a number of legal issues that have to be solved before the executors of MJs can even put it up forsale.