R. Kelly’s Chicago Home Listed as a Short Sale
Over the summer, the famous R&B singer, R. Kelly was faced with a foreclosure suit for $2.9 million. He claimed this was a strategic foreclosure in efforts to arrange for a modification with the lender. Originally issued, the loan was originated for $3.5 million in 1999. Due to the current housing market, the home is worth less than what he owes.
R. Kelly wants to wash his hands of the mansion and listed the customized home for $1.595 million in a short sale. The home was built in 1997, and is located 30 miles outside of Chicago. The property sits on a private lot, which includes 22,000 square feet surrounded by a 12-foot concrete and wrought iron wall.
Rihanna’s Mansion Listed as a Short Sale
The 23-year-old singer, Rihanna, has just listed her $7 million mansion for a short sale. The home is in Beverly Hills, California. Purchased in 2009, Rihanna claims the home has been a money pit. She even filed a lawsuit against the builders after a major flood in the home occurred.
Currently listed for $4.5 million, she has stated all offers will be considered. The property includes 10,000 square feet with over three floors. In addition, it has 8 bedroom and 10 bathrooms.
IRS Lien on Christie Brinkley’s Home
The beautiful model and actress, Christie Brinkley, just ran into some trouble with the IRS. According to Suffolk County clerk records, the IRS filed a federal tax lien for $531,720 on her Bridgehampton estate on November 21st.
In the past, she had private companies file liens against her, but this is the first from the IRS. The previous liens came from landscaping and pool companies.
