Williamsburg Real Estate

Real Estate Advice

  • Dealing with divorce and home ownership

    Q: I divorced in 1994 and retained ownership of the home as part of the settlement. I continue to see my ex-spouse's name on the tax assessment document, even though I have refinanced the mortgage in my name. What does it mean to have his name on the document, especially when I try and sell? What...

  • Homes with delinquent real estate taxes

    Q: The house next to mine is up to be sold for delinquent taxes. Will I be responsible for any liens against the house should I win the bid? My plan is to demolish the home. A: As the saying goes, you can't escape death and taxes. When you own a piece of property in a place where real estate taxes...

  • Should you hire a real estate attorney or Realtor?

    Q: We bought a house four years ago in Oklahoma and ended up renting it out after we moved out of state. After renting the house for two years, the current tenants want to buy it and we have no clue what to do. Should we hire a real estate attorney or Realtor? We have no problem selling it ourselves...

  • The tax implications of short selling a primary residence

    Q: An 83-year-old friend of mine is disabled and is about to enter an assisted living facility. She is currently living alone in a house she owns, but it is no longer safe for her to live alone. I am trying to help by organizing her finances and to determine if she can afford the assisted living...

  • Selling property and the rules of profit rollover

    Q: I enjoy reading your columns each week. My wife and I have two properties in Miami worth about $600,000 and $1,250,000, and another one in Chevy Chase, Maryland that has a mortgage and is worth about $2 million. The Miami properties do not have any financing attached to them, and the Chevy Chase...

Hot Property from Hollywood

  • System of a Down drummer John Dolmayan snares a home in Glendale

    System of a Down drummer John Dolmayan snares a home in Glendale

    Musician John Dolmayan, best known as the drummer for the heavy metal outfit System of a Down, has snagged a 1920s home in Glendale for $2.15 million. That’s $50,000 less than the asking price, records show. The property spans three-quarters of an acre and backs up to the Verdugo Mountains. In...

  • Screenwriters Roger Simon and Sheryl Longin redraft their asking price in Hollywood Hills

    Screenwriters Roger Simon and Sheryl Longin redraft their asking price in Hollywood Hills

    Husband-and-wife screenwriter duo Roger Simon and Sheryl Longin are ready to sell in the Hollywood Hills. They’ve relisted their 1930s Spanish-style estate for $2.5 million, down $750,000 from the first price they set in November, according to the Multiple Listing Service. Vibrant shades of green,...

  • Live and cook like celebrity chef Curtis Stone for $16,500 a month

    Live and cook like celebrity chef Curtis Stone for $16,500 a month

    Celebrity chef Curtis Stone is looking to spice things up in the Hollywood Hills after opening his home up for rent at $16,500 per month. Built in the ’60s, the modernized estate sits behind gates on a knoll overlooking Lake Hollywood Reservoir. The two-story floor plan is a confluence of wood,...

  • ‘Color Purple’ actress Akosua Busia lists her longtime home in Sherman Oaks

    ‘Color Purple’ actress Akosua Busia lists her longtime home in Sherman Oaks

    In Sherman Oaks, actress Akosua Busia is asking $1.447 million for her home of 18 years. The Ghanaian actress, known best for her role in the 1985 film “The Color Purple,” bought the Mediterranean-style estate in 2000 for $550,000, public records show. A white exterior and clay tile roof open to...

  • Late director Garry Marshall’s Carbon Beach abode seeks $18 million

    Late director Garry Marshall’s Carbon Beach abode seeks $18 million

    The oceanfront estate of Garry Marshall, the late director of “Happy Days” and “Pretty Woman” fame, is on the market in Malibu’s Carbon Beach for $18 million. Marshall bought the home in 1981 from Debbie Reynolds, according to the listing agent. The pair worked together on the 1968 film “How Sweet...

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