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Not even celebrities are exempt from falling housing prices. Many celebrities have listed their home as a short sale - Rihanna, Burt Reynolds, Chris Tucker. You shouldn't feel embarrassed about your situation if a star with a pack of legal and financial advisors can get stuck with a home they can't pay for. According to Forbes.com, "Strategic default can be a particularly good option for the rich and famous in California, where a lender can’t typically go after a defaulting homeowner’s other assets. Rihanna is likely an example. The pop star debuted on Forbes’ Celebrity 100 this year with a hefty $53 million in gross earnings. Yet the $6.9 million Beverly Hills house she purchased in 2009 landed on the MLS in November as a short sale." The good news is that you don’t need a team of lawyers to assist you with short selling your home. One experienced agent who specializes in short sales can help you!
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Keller Williams Realty announced that it is now the largest real estate franchise company by agent count in the United States. In recent years, the company has surpassed RE/MAX, Century 21, and then finally Coldwell Banker to secure the industry's top position. The news, based on publicly available information as of Feb. 6, 2013, was announced in front of more than 10,000 Keller Williams associates during the company's Family Reunion!!!
Stay up to date with your real estate market. Find great tips and housing market trends on our blog. Or Follow Us on Pinterest, Twitter, or Facebook. Visit our web site for more information. We can SELL a home ANYWHERE in the U.S.!
