Showing posts with label real estate. Show all posts
Showing posts with label real estate. Show all posts

Friday, 31 May 2013

Chris Brown's House With Karrueche Tran Subject Of Sale Rumors


Chris Brown

The minute news broke that Chris Brown is moving his girlfriend Karrueche Tran back into his mansion, comes word the house is for sale. However, according to new reports, Brown's Hollywood Hills home is not for sale, but the adjacent lot next to the property is for sale.


Karrueche Tran is queen of the castle

The move may have been precipitated by Brown's row with the city of Hollywood Hills over graffiti he spray painted on the walls, leading some to believe their property values will go down. Some people become concerned over such things.


Chris Brown's home in the Hollywood Hills

For the sake of his wallet, Brown should consider removing the graffiti, because the fines and penalties being assessed against his home will add up over time as will the interest and the city could try to force a foreclosure to settle the debt and push him out of the neighborhood. It has happened before.

STORY SOURCE

Friday, 17 May 2013

Chris Brown Refuses To Remove Graffiti From House But It Is Going To Cost Him (Video)


R&B badboy Chris Brown is refusing to remove graffiti he spray painted on the wall outside his home, which is said to be scaring neighborhood children, as it contains three "devil" faces. When asked of his intentions regarding the graffiti, after being fined by the city, Brown cursed and said he is not removing it.


This could prove a costly decision, as interest and penalties continue to accrue on the fine. Once it reaches a certain threshold, the city can place a growing lien against his home, eating away at the equity contained in the property. I Brown chooses to sell the property in the future, the lien would have to be squared before the property could close in a real estate sale. Is this worth the chunk of change it could cost him in the long run. The answer is no.

Saturday, 27 April 2013

Karrueche Tran Still Living In Chris Brown's Condo Despite Rihanna's Objections


Chris Brown

Though model Karrueche Tran has a new man, public relations rep, J. Ryan LaCour, reports indicate she is still living in the spacious million dollar condo of on and off again boyfriend, singer, Chris Brown. This year, the singer helped Tran launch her career as a model and budding fashion designer.

 

Karrueche Tran

The 25-year-old beauty has been pictured posing in the modern property in trendy West Hollywood, which is up for sale. Brown's main girlfriend, Rihanna, has been known to get upset when Brown does anything for Tran, as she is jealous for her, due to Brown's feelings for the model.


Rihanna doing her best scarecrow move

However, when they dated, Tran helped Brown through some of the worst times of his life after the Rihanna domestic violence case and he has been trying to help her in turn. Rihanna was advised to keep her distance from Brown during that time and he ended up falling in love with Tran.

Monday, 4 March 2013

100 Foot Deep Sinkhole Becomes Man's Grave As His Home Is Demolished On Top Of Him (Video)

 
 
With the indefinite suspension of significant efforts to retrieve the body of 37-year-old Jeff Bush, whose Tampa, Florida bedroom collapsed into a 100 foot deep sinkhole, his home has been demolished by the local government. Two surrounding homes are scheduled for demolition as well.

 
Tests concluded the neighboring homes have substantial sinkholes underneath them as well and pose a risk to life and public safety. Residents were given half an hour to remove their belongings before the structures are condemned and demolished as well.

Wednesday, 20 February 2013

Mary J. Blige's Money Problems Worsen As Eviction Notice Placed On Her Door


Mary J. Blige

Cash strapped R&B singer, Mary J. Blige, has been hit with two lawsuits from banks regarding $2,500,000 in loans she defaulted on. She has been slapped with a tax lien of $900,000. Her charity is also under investigation for theft of donated funds. The most recent development in her financial problems comes courtesy of an eviction from the luxury New York apartment building, the Ashely, where units rent for $10,000 and higher per month. It is being reported she has not paid her rent in one year.


Mary J. Blige's house in New Jersey 

Blige also purchased a $13,000,000 Saddle River, New Jersey mansion 5-years ago that she is trying to unload. Blige placed the Saddle river mansion on the market 2-years ago adding too much to the asking price, resulting it the house  languishing with no buyers, as property taxes of tens of thousands of dollars per year accrue.


The Ashley

At the current rate, it is only a matter of time before Blige defaults on the mortgage of the Saddle River house and loses it at auction, where all of her creditors liens and financial judgments will be satisfied. In fact, her creditors can force a foreclosure under the law. As stated in the column two days ago, Blige should sell the property, which will free up her cash flow, minimize the damage to her credit report and satisfy her other outstanding debts, before it is too late. It is time to downsize and there is no shame in that.