*Rihanna may have gotten off by the skin of her teeth after selling her shabby Los Angeles mansion last year.
She was in the middle of a trail of lawsuits claiming her pad was poorly constructed and that resulted in water damage.
So she listed the spot for $4.5 million. She bought it for $5.03 million in 2011.
Since being sold, the home is back on the market with its latest renovations. The asking price: $9.95 million.
To help it along in this harsh economy, the listing describes the home as “tailor-made for an A-list celebrity.”
*Nas just can’t seem to escape the worst in life.
First he gets divorced, hit up for taxes, and now he’s lost his house.
According to TMZ, the rapper’s 2-bedroom, 3-bathroom Georgia home went into foreclosure for payments amounting to $507,000 of the $585,000 original loan.
The house sold at an auction last month to the highest bidder for $348,500.
With over 3,500 square feet and a walk-in pool and hot tub, granite counter tops, gym and game room, the buy is a great one … for the new owner.
Appraiser Scott Schenter, 49, accused of lowering the home values for the wealthy.
*Where is Robin Hood when you need him?
There’s a new character on the scene and he’s widening the privilege of the rich and deepening the hole for the poor.
Did you know there are folks out there that can make your home worth whatever they want it to be worth?
And depending on the price they put on your home, it will determine the tax you pay on the property. (more…)