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

  • Home of the Week: A Marston & Van Pelt original with Arroyo Seco views

    Home of the Week: A Marston & Van Pelt original with Arroyo Seco views

    Dating to 1922, this Pasadena estate by architecture firm Marston & Van Pelt cost $35,000 to build, which was a tidy sum of money in those days. Surrounded by leafy grounds and Arroyo Seco views, the sprawling home combines elements of English, Gothic and Tudor style into its grand design. Scaled...

  • 'Entourage' star moves his base of operations to Mt. Olympus

    Ari Gold has closed another deal. Actor Jeremy Piven, known for his role as the power agent on the long-running HBO show “Entourage,” has bought a home in the Mount Olympus area of Hollywood Hills West for $6.8 million. Perched on a hilltop, the modern residence employs a switchback design that...

  • Hot Property: Home deals worth fighting for

    Hot Property: Home deals worth fighting for

    Legendary singer, television starlet, bootcamp fitness exec — we’ve got them all in this week’s eclectic lineup of high-end home news. There’s even a listing from a well-known accident attorney, whose claim to fame came from television commercials in which he promised to “fight for you!” Once you’re...

  • Matthew Perry drops $20 million on full-floor penthouse in Century City

    Matthew Perry drops $20 million on full-floor penthouse in Century City

    Matthew Perry has purchased a full-floor penthouse in Century City for $20 million, or about $2,146 per square foot, according to real estate sources with knowledge of the sale. The actor, who is currently selling a home in Hollywood Hills West, purchased the 9,318-square-foot unit in July through...

  • O.J. Simpson's former Miami home is for sale at nearly $1.3 million

    O.J. Simpson's former Miami home is for sale at nearly $1.3 million

    As O.J. Simpson waits for his parole to begin, some people have wondered: What happened to the Miami home where he lived for years before going to prison? It’s for sale for $1,299,900. The house, built in 1953, “is all new,” said Oscar Ramirez, the real estate agent for the home’s current owner,...

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