Pamela Anderson rents out Vacation Home!

Thinking of taking a vacation? Why not take a vacation with Pamela Anderson? Ok, you can’t really vacation with the BC born superstar but you can vacation at her Romantic Malibu Beach house! Most celebs are trying to conceal their identities from potential renters, but the Baywatch Babe has her Vacation getaway advertised on Vacation Rental By Owner! Private beach access and wired for sound including unique features like a Native American Wigwam on the property can be yours for your next week away for $20,000 or if you were thinking of spending a month at Pam’s place a mere $75,000 dollars. Not to bad for a BC girl discovered at a Lions game!

Celebrity Kitchen, are they Cool?

BRAD PITT'S KITCHEN
Coolest Kitchens of the Famous!

Can Lady Ga Ga cook? Can you image her slaving away in her kitchen? In the $25,000 dollar a month home she rents she would have all the ambiance to do it in. The kitchen is huge with a massive island, tons of storage and doors leading to an outdoor area with sweeping views of Los Angeles…

Singer Sheryl Crow has a very unique kitchen in her home that rests on 154 acres in Nashville. With it’s high end appliances, a very good sized wine fridge and an eating bar that can seat more than six guests who can view the incredible fish tank that is floor to counter height right in the kitchen!

Men in Black, Actor Will Smith in the penthouse he recently rented in which he dropped $55,000 a month for had a neo-modern performance style kitchen which would be the dream of any reality master chef!

And word out there is that Brad Pitt and Angelina are not big cooks, not surprising, where would they find the time? This may be why Brads bachelor pad kitchen in Malibu looks more like a lounge in an upscale bar than a place you’d make dinner. Now that Brad and Angela spend a lot of quality time abroad the home in on the market for 13.75 million. You can find more great Celebrity Kitchens at Zillow.com
You can find out more on celebrity kitchens by clicking celebrity real estate on radiorealestateshow.ca
And that’s your celebrity real estate gossip….

Lack of Disclosure for Dennis Quaid and Michael Jackson last home for sale.

Here in BC disclosure is a big deal when selling your home. You must disclose any known issues to a potential buyer before the subjects are removed. In Celebrity Real Estate Gossip today actor Dennis Quaid is said to be suing the previous owner of the Austin Texas home they purchased in Feb. 2010 for just this reason, failing to disclose issues with the home. The Quaid’s are seeking to VOID the sale and an amount for damages for mental anguish, court costs and replacement housing. Some of the alleged issues, water ingress, a rat infestation, poor workmanship in renovated areas and a lack of the proper building permits. They have since moved to stay somewhere else as they feel the home is un-livable.
From Austin to Beverly Hills….the last home of the Late Michael Jackson in which he rented is on the market. The 23.5 Million dollar mansion is owned by CEO of the ED HARDY Empire. The home and everything in it is up for grabs as well. On DEC 18th everything in the home is going to Auction, just in time for Christmas! The current owners have tried to sell it unsuccessfully already but feel the constant stopping of cars in front to get a look at the home where Jackson met with his untimely passing could be a factor in why the home is still for sale. And that’s the Celebrity Real Estate Gossip!

Simpsons creator buys a home and Rhianna sues her Realtor

The daddy of the Simpsons cartoon has moved up and into an $11,650,000 estate with his new bride. I’m not talking about Homer, I’m speaking of Matt Groening the man who started The Simpsons, and the famed night time cartoon will soon start off it’s 23rd season. So, it’s no doubt he can afford the 5 bedroom and 7.5 bathrooms estate in Santa Monica. He also owns a home in Malibu. And all this from a little man he created named Bart…..

Rhianna is suing her Realtor! No only her Realtor, but the former owner of her 6.9 Million dollar home, as well as the engineer and the inspection company! She bought the home in 2009 and it seems the extensively renovated home leaks! After a downpour in Jan 2010 the grammy winning singer found her home flooded. The lawsuit filed also claims her buyers agent did not provide her with previous sales from the area to support the price she ultimately paid. She is seeking compensation for the issues.

Jason Preistly and Michael Buble like Real Estate!

He came into showbiz as Brandon Walsh, the 90210 Canadian Kid Jason Priestly is selling his home in Toluco Lake California for $2.1 Million. The home was built in 1990 with extensive renos done in 2005, it has three bedrooms, 3 and a half bathrooms in 3200 sq feet. They Preistly's purchased the meditarranian style home in 2007….Jason is no stranger to real estate investing especially in Canada, he has owned many properties here in BC including a resort in Uculet BC, a property in gastown and is co-owner of the Black Hills winery near Oliver BC.
Another Canadian favorite, singer Micheal Buble has also taken to investing locally as well. He along with veteran hockey coach Pat Quinn are investors in the up and coming Tsawwassen Springs Community. The property is going to have a palm springs golf country club with a 500 unit housing project and golf course. The $400 Million project will be sold in five phases over the next two years. Micheal thinks he may even purchase one himself and practice his golf game.

Burt Reynolds forclosure woes and John Rich sells home!

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Charlie Chaplin House on the Market and Miley Cyrus Buys a pad!

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August 6th News!

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August 30th News!

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July 9th Edition

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I’ve talked before about the celebrities in Hollywood losing money with their real estate deals, but there is the occasion where they make money, good money too!
Take Jeff Pobst, the Survivor host, just sold his three bedroom, three bathroom home with a detached office for the full asking price of $900,000 thousand dollars! He listed his place shortly after he purchased Gene Audry’s estate in Studio City for 5 million dollars. The home comes complete with a three-tier waterfall, access to hiking trails and an 8 person spa. Sounds like he had his own “survivor” hideaway!
Quite some time ago I had a story, a crazy story about Jennifer Aniston listing her home for $42 million dollars after she purchased it for only $13 million in 2006 with when she was with Brad Pitt. With the recession and the ups and downs of the U-S market this seems a little out of whack even considering the incredible renovations she did. Well, she proved to everyone differently and is laughing all the way to the bank. The home has recently been sold for somewhere around $37 Million dollars, I wonder if she is going to take up a new line of work now?
And that’s the Celebrity real estate gossip!

June 18th Edition

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Kenny Rogers sprawling estate in Georgia is on sale!
Beaver Dam Farms is an expansive 973-acre private estate tucked away in the rolling foothills of Athens, Georgia. Built and designed by country music legend the Gambler himself, Kenny Rogers has just been listed privately for $20 million. 
The luxurious, fully-furnished estate, located on the original site of one of Georgia's grandest plantations, features a 12,000-square-foot main house complete with two gyms, a movie theater, a billiards room and an Italian marble wraparound porch. There is also a six bedroom guest house, a four bedroom guest cottage, and four one-bedroom villas.
From a Big property to a big Price!! $20 Million is a steal compared to the $85 Million sales price for the late Aaron Spelling Mansion (famous for Melrose place, dynasty, 90210) has been sold to Petra Ecclestone. Listed for price was $150 million. And sold for the $85 million., the 22 year old, daughter of Formula One head Bernie Ecclestone (net worth $4 billion) and yes you heard me 22 year old!!!
After putting her mansion on the market, Candy Spelling made news for buying a two floor condo in Century City recently for $45 million. When built, the Spelling mansion broke records as the largest home in Los Angeles County – a French chateau-style mansion spanning 56,500 square feet of space on a 4.6 acre lot abutting the Los Angeles Country Club. Honestly I think these people just have way too much money!! And space!! There is a term called “too much!”

Jennifer Aniston and Sarah Palin

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June 4th Edition.....

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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.

Celebs and Estate Planning

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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.

Bela Lugosi's old House on the Market! Extream Home Makeover homes

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One of the hottest movies, Twilight, spawned a new take on Vampires; well….the ultimate Vampire was Bela Lugosi, the original Dracula and the home he once owned has come up on market in the Hollywood Hills at $2,.3 million dollars. There is no way Dracula could have lived in this 5000 square foot, five bedroom home as every room has an array of windows beaming in the sunshine!

As we know Dracula had his problems with too much sunlight, Jennifer Aniston however has an issue with buying too many condos! Jennifer recently purchased two condos in the same building in New York to make one big 3400 sq foot Urban Pad, she is allegedly picking up a third- one bedroom in the same building! Kind of like those chips that once you start eating you can’t stop!
Now who loves watching the incredible stories on Extreme Home Makeover, I cry every time! But what happens to those Extreme makeover homes after the cameras leave?? An ugly trend has been developing! Homeowners have struggled to keep up with their expensive palaces only to find their lavish homes have come with bigger, more lavish utility bills and bigger tax assessments. Some homeowners have tapped the equity of their super-sized homes only to fall behind on the higher mortgage payments.…Sad reality for an hour of feel good tv!

Paris Hilton, Dennis Quaid ans Ashton Kutcher

Party girl Paris Hilton back in her hey day was the poster child of boys, booze and the fast life. In 2007 it was no surprise when she listed her 1920’s Spanish style mansion and it sold in 10 days! The home had international notoriety for the home she was taken to and from jail for her drunk driving charges….. the home has just been placed on the rental market……. you can have a little Paris history by renting the former party place on a monthly basis for 20 thousand per month.

We’ve spoken many times about the poor celebrities that are loosing millions with their real estate investments…but there are some savy celebs who are making a mint on real estate.

Dennis Quiad purchased his home in 1999 for a reported 1.8 million after a series of renos he has just listed the home for 16.9 million….an 823% increase in price.
Ashton Kutcher back before Demi Moore purchased his bachelor pad era home in 2004 and now has placed on the market after renovating for $2.6 million, potential profit 1.5 million.
And Jennifer Aniston bought her home shortly after the big Brad breakup for 13.5 million and has just placed on the market for a whopping 42 million$$$ The project may have been an emotional get over the ex project…but she could be padding her pocket book as well.
Some celebs do have a knack for real estate and making a nice cozy profit.

New Clip from the April 9th Show

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Russel Crowe Buys a home called "Te Puke"?

The word is Russell Crowe and his lovely wife have recently purchased a home called Te Puke (Pronounced "teh-pook-eh") It a 6 bedroom 1909 estate in Rose Bay, Australia for $10.1.Million....Interesting place to call home!

Gary Coleman's house not sold and Stars feel the Housing Bubble!

The late Gary Coleman earned a reported $50 Million in the years he was on Different Strokes the TV show. Yet, losing most of it after the show ended. He later successfully sued his parents and former business advisers for $1.3 Million for misappropriation of funds. Passing away from a head injury last year his home was placed on the market and is still for sale. The estate handlers have just reduced the price of the Utah home now to $225,000 and it is said to still have some of his belongings in the home.

Also, several Celebrities are now feeling the housing BUBBLE, including Hulk Hogan, Mel Gibson and Christina Aguilera have slashed the prices of their homes anywhere from 4%-20%. Christina's home is now $5.99 Million in Los Angeles! 4.1% lower now! 

Britney, Christina and Charlie Sheen Buy and Sell

Charlie Sheen has reported been in the process of buying a Mulhulland Estate Home in California for $7.495 Million. The newly renovated mansion has six bedrooms, nine bathrooms, and tons of space for friends?! Also, Britney Spears has just purchased a a 19 million dollar Mansion!! It's 20,000 sq feet in Hidden Hills Los Angeles. Wow, let's hope she has some great housekeepers!

And another pop diva, Christina Aguillera is reportedly selling her home that she purchased in 2007 from the Osbourne's (Ozzy and Sharon that is) for $13.5 Million. 11,500 Sq feet that had been renovated when she purchased.

 If you have a buyer let me know!

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.

New on the Radio Real Estate Show on AM650

Starting on Saturday the 19th of March, not only will you hear the latest in Lower Mainland and Vancouver, BC real estate markets, you will also hear a new segment with Sheri Brown of RE/MAX Performance Realty. Celebrity Real Estate News! We all buy and sell homes, but it's fun to also hear about what the Celebs are doing with their properties. Tune in on Saturday at 10am on AM650 Vancouver's Radio Real Estate Show with Tom Lucas and Sheri Brown.