News
So it’s really hot. And if you want to teach tennis, you have to either get on this air- conditioned court inside the $10 million dollar plus house of Veruschka and Thomas Dundon overlooking Northwest Highway, or get on the court really, really early. I’ve got this great tennis coach who seeks a private court…
Who says the kids aren’t buying real estate? Candy Spelling closed on Spelling Manor, the most expensive real estate transaction in southern California and probably the U.S., the buyer rumored to be Petra Ecclestone, heiress to the Formula One racing empire and daughter of British billionaire Bernie Ecclestone. Petra is all of 22 years old, by the…
This home is a real head-scratcher. 7225 Turtle Creek. On the corner of Stanford and Turtle Creek, the neighborhood is chock full of stately McMansions and charming Hansel and Gretel cottages. Then, there’s this. The home was sold in December 2010 for $960,000, list $995,000 reduced from $1,069,000. The home was remodeled and is now on…
Over on SecondShelters.com
Steven Shane had a twisted holiday this year. The Aspen, Colo., real estate broker, who graduated from selling snowboards to multi-million dollar ski chalets, handled one of the most complex deals of his real estate career over the holidays. End of the year, the rich go shopping for real estate. The sale of a simple duplex turned into a six-sided…
In this muckety-muck lending environment, does it make sense to re-finance your SECOND home? Can you even save money? I asked my good friend Marcus McCue, Vice President of sales for Guardian Mortgage Company: This is an exceptional time for owners of second homes to refinance. FRM (fixed-rate mortgages) are still at extremely low rates.…
