Showing posts with label remax. Show all posts
Showing posts with label remax. Show all posts
Wednesday, June 8, 2011
June 4th Edition.....
Charlie Sheen has put his Beverly Hills mansion up for sale - complete with its own luxury movie theatre….for you know…….movies.
The five-bedroom property is on the market for an incredible $7.2 million . Wall Street star Sheen, 45, paid his ex-wife $1 million to become the sole owner of the home in their divorce proceedings earlier this year. Money magazine Forbes estimates that Sheen has earned $40 million in the last 12 months - despite getting sacked as the highest paid actor on TV for his role in the sitcom Two And A Half Men. …WOOOOOWWWW!
Now we go from should be committed to committed …
Power couple Ellen Degeneres and Portia. They have spent more than four years—and many millions of dollars—completing their Beverly Hills compound. They bought a 9,000-square-foot house in April 2007 for a whopping $29Million. You wouldn’t believe it but over the years they bought surrounding mansions totaling 19Million, converting some into guest spaces and leveling the others.
I guess now Ellen and Portia have tired of their humungo estate, will they see any return on their almost $50M investment? The Real Estalker has it on good authority that entire compound has an amazing price of $60Million.
Sunday, May 22, 2011
What Happens When Celebs do NOT have the proper Estate Planning?
We’ve talked a lot about Celeb’s buying and selling, getting in financial trouble but what happens to celebrities when they don’t have their estates in order when an untimely and unfortunate ending happens?
Take Don Ho, the tiny little bubbles Hawaiian Singer made a promise to his first estranged wife on her deathbed that their six children can continue to live in the Lanikai Hawian home.
Unfortunately this was a verbal agreement and after the passing he listed the home for 10 million. While the home was listed Ho died of Heart Failure. The trustees eventually sold the home for 6.05 million which did not boad well for his ten children ( four from other subsequent relationships) who were now at odds over the proceeds. And allegadly about a month ago the 6 adult children were forcibly removed from the Diamond Head Estate. The argument could have been avoided if the agreement was in writing.
Don Ho had several different ex’s and children and so did Famed rebel actor, Dennis Hopper. Dennis was locked in an ugly divorce fight with his fifth wife, Victoria. During the crazy divorce he asked the judge for permission to change his life insurance policy to remove his wife and their young daughter as beneficiaries. His request was denied and the judge said that the issue would have to wait for trial. But Hopper died first, and the life insurance was never changed. As you have just heard Celebirites are just as vulnerable and sometimes not ready for an untimly event . So, now is a good time to ask yourself if your ready with the proper agreements in place, in writing, reviewed yearly and have a will!
And that’s your celebrity real estate gossip on the radio real estate show.
Take Don Ho, the tiny little bubbles Hawaiian Singer made a promise to his first estranged wife on her deathbed that their six children can continue to live in the Lanikai Hawian home.
Unfortunately this was a verbal agreement and after the passing he listed the home for 10 million. While the home was listed Ho died of Heart Failure. The trustees eventually sold the home for 6.05 million which did not boad well for his ten children ( four from other subsequent relationships) who were now at odds over the proceeds. And allegadly about a month ago the 6 adult children were forcibly removed from the Diamond Head Estate. The argument could have been avoided if the agreement was in writing.
Don Ho had several different ex’s and children and so did Famed rebel actor, Dennis Hopper. Dennis was locked in an ugly divorce fight with his fifth wife, Victoria. During the crazy divorce he asked the judge for permission to change his life insurance policy to remove his wife and their young daughter as beneficiaries. His request was denied and the judge said that the issue would have to wait for trial. But Hopper died first, and the life insurance was never changed. As you have just heard Celebirites are just as vulnerable and sometimes not ready for an untimly event . So, now is a good time to ask yourself if your ready with the proper agreements in place, in writing, reviewed yearly and have a will!
And that’s your celebrity real estate gossip on the radio real estate show.
Wednesday, April 6, 2011
Russel Crowe Buys a home called "Te Puke"?
Wednesday, March 16, 2011
Celebrity Forclosures
Not only are some Americans feeling the pinch with the financial crisis in recent times, but Hollywood Celebs have been feeling some of the crunch as well. Forbes.com reported that an amazing 2.9 Million residential properties received foreclosure notices last year and it's likely to rise another 20% according to RealtyTrac, a firm that tracks foreclosures. So, who's losing homes? Segei Fedorov, the retired hockey star, has reportedly lost two homes in Detroit. Toni Braxton lost her Vegas home and now is possibly losing her Georgia country club residence. Nick Cage was reported to be losing 4 homes and Mel Gibson is in trouble with a construction company that has filed foreclosure liens against three properties. For more info check out Forbes.com.
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