Friday, March 29, 2013

SELLER: Larry EllisonLOCATION: Glenbrook, NV (Lake Tahoe)PRICE: $28,500,000SIZE: 14,192 square feet, 13 bedrooms, 13 bathrooms (total)YOUR MAMAS NOTES: Speaking of billionaires with a plethora of private residences...Large livin' software tycoon Larry Ellison usually just buys pricey properties but did all y'all read that the pathologically prolific property purchasing gazillionaire...
SELLER: Estate of Teddy ForstmannLOCATION: Southampton, NYPRICE: $28,500,000SIZE: 8,600 square feet, 6 bedrooms, 6.5 bathroomsYOUR MAMAS NOTES: Just six short months after being diagnosed (and treated at the Mayo Clinic) for brain cancer, jet setting private equity pioneer and fearsome corporate raider Teddy Forstmann went to meet the great financier in the sky in mid-November 2011 at 71 years old....
Buying real estate for the first time is a very exciting step in life. It is likely to be one of the biggest financial commitments that you make, so it's very important to navigate the purchasing process wisely. Many first-time home buyers make rookie mistakes that bring on negative consequences and a lot of frustration. Outlined below are common errors home buyers make, so you can learn from their...

Thursday, March 28, 2013

SELLER: Anthony and Miki FieldLOCATION: Drummoyne, Sydney, AustraliaPRICE: UndisclosedSIZE: 6 bedrooms, 5 bathroomsYOUR MAMAS NOTES: Thanks to Mister Lamington, a pleasantly flattery property obsessed informant Down Under who calls himself, Your Mama has just learned that Anthony Field—the blue shirt wearing member of the children's music super group The Wiggles—has his harbor front home in Sydney's...
Have you ever heard the saying, "You never get a second chance for a first impression?" If you have a Kent home for sale, it is important to appreciate the significance a first impression has on your potential buyer. When buyers drive up to your property and take their first look at your home, they will instantly be forming ideas about your house and how it might fit for their family. When you are...

Wednesday, March 27, 2013

We don't like to toot our own horn too much, children, but too-toot-toot!Today the venerable entertainment news juggernaut The Hollywood Reporter published a full page piece they actually paid Your Mama to write about celebrities who buy other celebrity owned homes. Imagine that?The article appears in the April 5th (2013) printed edition—the one with a profile of Jay Leno looking darn tired on the cover—as well as on the interw...
SELLER: Kim DelaneyLOCATION: Charleston, SCPRICE: $1,599,000SIZE: 3,400 square feet, 4 bedrooms, 3.5 bathroomsYOUR MAMAS NOTES: It's not often that Your Mama gets to discuss celebrity owned real estate in  the historic and architecturally tumescent South Carolina city of Charleston. We jumped at the chance after recently receiving a deliciously extensive series of covert communiques from Ivanna Tellyousomefing, our gal on the ground in the snazzier, hipper nooks and crannies of Chucktown, who...
The National Association of REALTORS® released its monthly Existing Home Sales report on March 21 and gave investors and home sellers something to cheer about.  While February sales of existing homes didn't meet investor forecasts of 5.00 million homes sold on a seasonally adjusted annual basis, the actual number of existing (previously owned) homes came close at 4.98 million homes sold. This...

Tuesday, March 26, 2013

Earlier today Your Mama relayed the already much reported rumors and reports about how Her Hollywood Highness, Cher, went and sold her two-unit duplex combo condo at the Sierra Towers building in an off-market deal for (an as yet unrecorded) $5.25 million.That alleged purchase price is a smidgen less than the frequently cited $5.5 million dollar asking price but a fortune more than the $3 million she paid idiosyncratic and gleefully lurid actor Vincent Gallo for the two floor condo in early 2006.With...
Cher has done sold her West Hollywood (CA) duplex combo condo at the star-studded Sierra Towers complex in an off-market deal for $5.25 million. She also re-listed her Malibu mansion with a lower but still astronomical $41 million price tag and her son Elijah Blue hoisted his house near Abbott Kinney in Venice (CA) on the market with a $1,899,500 asking price. (TMZ)::::::::Still drop dead gorgeous (and kinda kooky) mid-career actress and model Andie McDowell finally sold her nearly 11,000...
I've been away for a couple weeks on a cruise to Hawaii. Got back and found out my hard money loan #22 finally got paid off. This was 5 months overdue, but since the borrower is one of our biggest clients and he was still making payments on time, we didn't call the note and opted to let him pay it off at his leisure. The property was under contract for sale two or three times, but fell out of escrow each time, I believe because the buyer's lender would not consider this a valid property for a conforming...
SELLER: Rita Rudner and Martin BergmanLOCATION: Dana Point, CAPRICE: $8,975,000SIZE: 5,000 square feet, 5 bedrooms, 3.75 bathroomsYOUR MAMAS NOTES: Thanks to the fine folks at Estately Your Mama has learned that former Broadway dancer hopeful turned veteran American comedienne Rita Rudner and British writer/producer Martin Bergman not only slashed the asking price of their bluff-side digs in...

Sunday, March 24, 2013

BOMA MOB / Healthcare Facilities Conference, 2013 - See You There! http://www.achrnews.com/events/745-boma-2013-medical-office-building-healthcare-facilities-confere...

Friday, March 22, 2013

SELLER: Larry DavidLOCATION: Pacific Palisades, CAPRICE: $14,999,000SIZE: 10,000 (or so) square feet, 7 bedrooms, 10 bathroomsYOUR MAMAS NOTES: Looks like lefty liberal Hollywood hot shot Larry David's enthusiasms have done curbed for his sprawling, bluff top English country-style mini-compound in the quietly swank Huntington Palisades area of Pacific Palisades, CA. The gated, ocean view estate on...
Tampa, Florida has seen the home market react to trends throughout the real estate. While we are still finding our way back to “normal” we are noticing a new trend catching fire. New construction home interest and purchases have spiked at rates that new home builders cannot keep up with. Homebuilder Lennar Corp. posted first quarter results that showed a 40% increase in revenue from this time last...
The first sign of mold you notice may be a musty smell in your home. After looking around, you spot what looks like mold -- don't panic! You can remove unhealthy mold from your house without it costing a small fortune. Check To Be Sure It's Really Mold Mold can look many different ways, which depends on the type. Some are grayish-white or black and can look like a dirty smudge. If you're in doubt...

Thursday, March 21, 2013

SELLER: Steve MaddenLOCATION: New York City, NYPRICE: $8,995,000SIZE: 6,040 square feetYOUR MAMAS NOTES: Once again our New York-centric aide de camp Hot Chocolate tipped us off that mid-priced shoe tycoon Steve Madden has put an $8,995,000 price tag on his 6,040 square foot Upper East Side Italianate townhouse located on a tree-lined block between Lexington and Third Avenues, hardly Timbuktu...