London, September 12 : Michael Jackson’s sister La Toya is reportedly set to lose her home in Las Vegas over unpaid bills.

The singer purportedly owes 497,113 pounds in unpaid mortgage instalments on the posh estate at the LV International Country Club.

According to TMZ. com, the 53-year-old’s property will allegedly be placed under the hammer later in September if the outstanding tabs are not cleared, reports the Daily Star.

But the grieving star was said to be less concerned about losing the property.

Her rep told TMZ: "La Toya has an extensive real estate portfolio and her advisers directed her to the business decision to let this particular property to go to short sale where it is now.

“The property was also something she got during her divorce from Jack Gordon and she has no attachment to it." (ANI)