Williamsburg Real Estate

Hot Property from Hollywood

  • Barack Obama lands in familiar Rancho Mirage as Donald Trump enters White House

    Barack Obama lands in familiar Rancho Mirage as Donald Trump enters White House

    As new commander in chief Donald Trump settles into the White House, former resident and President Barack Obama has touched down in Southern California’s Coachella Valley. Obama and his wife, Michelle, on Friday arrived at Thunderbird Heights in Rancho Mirage, an affluent community near Palm Springs,...

  • Bruce Makowsky’s latest creation seeks $250 million in Bel-Air

    Bruce Makowsky’s latest creation seeks $250 million in Bel-Air

    When two L.A.-area homes sold for $100 million last year, the question wasn’t how but rather what’s next. The answer may be an entirely new stratosphere. In Bel-Air, a four-story mega-mansion built on speculation has hit the market for $250 million, a price tag among the highest in the country...

  • Properties linked to Malaysian money scandal sell in Beverly Hills

    Properties linked to Malaysian money scandal sell in Beverly Hills

    A trio of home sales of $26.5 million or more in the Beverly Hills area capped off a year in which Los Angeles County saw sales volume of $19.8 billion, up 7% from the previous year, according to the Multiple Listing Service. Among the hefty transactions recorded in the last two weeks of December...

  • Paul Williams original is right at home in leafy Westside setting

    Paul Williams original is right at home in leafy Westside setting

    A gated driveway lined in red brick leads the way to this Paul R. Williams-designed residence on about an acre of manicured grounds in Holmby Hills. Built in 1935, the vine-covered traditional boasts period craftsmanship and details, with coffered wood ceilings, custom built-ins and delicate wall...

  • Filmmaker Mike Medavoy sells his Beverly Hills home for $9.95 million

    Filmmaker Mike Medavoy sells his Beverly Hills home for $9.95 million

    Hollywood film producer Mike Medavoy and his wife, Irene, have sold their estate in a gated Beverly Hills enclave for $9.948 million. Built in 2005, the East Coast-inspired home sits on 1.85 acres of grounds and has a detached guesthouse, an outdoor pavilion and a swimming. Two garages and a large...

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...

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