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Swaggart Ministries Begins Selling Off Millions Worth of Properties

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<i> Associated Press</i>

Jimmy Swaggart Ministries is selling a $1-million, 14.9-acre estate, a $175,000 house and $3.2 million worth of television equipment.

Swaggart’s brother-in-law used to live on the estate, which backs onto the large houses owned by Jimmy and Frances Swaggart and their son, Donnie, and his wife.

The Swaggarts once lived in the $175,000 house but sold it to the ministries in 1985 for $197,000, court records show.

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The television equipment is being sold by a Las Vegas-based broker, and includes a 48-foot mobile television truck priced at $1.6 million.

Jimmy Swaggart Ministries officials did not return telephone calls about the sale of the houses and the television equipment. Swaggart resigned from the board of the organization after he and a prostitute were pulled over for traffic violations Oct. 11 in California.

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