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

  • Bob Hope’s longtime Toluca Lake estate fetches $15 million

    Los Angeles businessman Ron Burkle has doubled down on Bob Hope estates, buying the late comic’s longtime Toluca Lake compound for $15 million. Two years ago, the billionaire paid $13 million for a modernist home in Palm Springs that was designed and built by architect John Lautner for Hope and...

  • My Favorite Room: Colleen Ballinger makes room in her office for Miranda and her YouTube fans

    My Favorite Room: Colleen Ballinger makes room in her office for Miranda and her YouTube fans

    In Colleen Ballinger’s Encino home office, her fans are the interior designers. Best known for her alter ego and YouTube character, Miranda Sings, Ballinger has designated half of the room as Miranda’s space. The area serves as the backdrop for her YouTube videos and features an entire wall and...

  • Home of the Week: Bel-Air mansion bathes its amenities in opulence

    Home of the Week: Bel-Air mansion bathes its amenities in opulence

    Found in Bel-Air, this Mediterranean compound sports a lavish look reminiscent of Old Hollywood. Things quickly modernize inside, where a palatial 20,000-square-foot entertainment area flaunts a luxurious lineup of amenities. An indoor pool and spa kick things off, and surrounding columns frame...

  • Hot Property Newsletter: What's behind that price drop?

    Hot Property Newsletter: What's behind that price drop?

    Nothing will catch a real estate reporter’s attention quite as quickly as what looks like a substantial price chop or loss in a high-rent part of town. But a scratch of the surface often reveals a perfectly good reason for what looks like a reduction. We’ll kick off this week’s roundup with examples...

  • Dodgers' Joc Pederson circles the bases on a new home in Studio City

    Dodgers' Joc Pederson circles the bases on a new home in Studio City

    Dodgers outfielder Joc Pederson has picked up a new home base in Studio City, buying a modern farmhouse-inspired home for $3.15 million. Completed two years ago, the custom two-story features five bedrooms, six bathrooms and nearly 5,000 square feet of open-plan living space. Details of note include...

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