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

  • New Warrior Nick Young sells his Tarzana home, shoe house

    New Warrior Nick Young sells his Tarzana home, shoe house

    Golden State Warriors shooting guard Nick Young has sold his old home court in Tarzana for $3.25 million. In addition to the main dwelling, there’s a customized guesthouse that he had converted into storage space for his vast shoe collection. Iggy Azalea rumors to the contrary, the former Laker...

  • Don Rickles’ Malibu estate fetches $6.5 million

    Don Rickles’ Malibu estate fetches $6.5 million

    The Malibu estate that was home to late comedian Don Rickles for more than a decade has sold for $6.5 million. The buyer was Donato Errico, founder of upscale health-club chain Equinox, public records show. A traditional-style home, a tennis court and a swimming pool comprise the 1-plus-acre estate,...

  • 'Idol' alum Adam Lambert is ready to let go of Hollywood Hills West home

    'Idol' alum Adam Lambert is ready to let go of Hollywood Hills West home

    Adam Lambert of “American Idol” fame has listed his home in Hollywood Hills West for $3.995 million, $1 million more than he paid for the property three years ago. The subdued contemporary, built in 1947, has been renovated and expanded to nearly 3,800 square feet of living space. Features include...

  • C.E. Toberman-designed English cottage in Studio City seeks $2.7 million

    C.E. Toberman-designed English cottage in Studio City seeks $2.7 million

    The indelible mark of real estate developer C.E. Toberman is spread across Tinseltown. Dubbed “Mr. Hollywood,” he developed landmarks such as the Hollywood Bowl, the Chinese Theatre, the El Capitan Theatre and the Hollywood Roosevelt Hotel. Another of his works, a 1937 English-style cottage, is...

  • Houston Rockets star Chris Paul relists Bel-Air home he bought from Avril Lavigne

    Houston Rockets star Chris Paul relists Bel-Air home he bought from Avril Lavigne

    Chris Paul is taking another shot at a sale. The former L.A. Clippers point guard, who was traded to the Houston Rockets in June, put his Bel-Air mansion back on the market at $9.249 million. The 12,184-square-foot house had been listed as pending in July with an asking price of $10.25 million,...

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