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Stop Talking, Start Doing |
It has a detached garage. _______________ Mind. Over. Matter. | |||
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The Unmanned Writer![]() |
That is not the best of the best of the best web sites out there.
http://www.latimes.com/busines...-20180718-story.html Life moves pretty fast. If you don't stop and look around once in a while, you could miss it. "If dogs don't go to Heaven, I want to go where they go" Will Rogers The definition of the words we used, carry a meaning of their own... | |||
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Info Guru![]() |
https://deadline.com/2018/08/b...ning-bid-1202440269/ ‘The Brady Bunch’ House: Lance Bass Claims Hollywood Studio Has Snapped Up Property After He’d Placed “Winning Bid” On Friday, former NSYNC member and TV personality Lance Bass tweeted that his offer for the house had been accepted. “This is going to be a fun project!,” he said, telling followers that he planned to redo the inside of the house to resemble the show’s interiors. However on Saturday, Douglas Elliman’ Ernie Carswell, a listing agent for the property, told LA Times that “the seller has not made a final decision,” and after receiving and countering eight offers from buyers that included entertainers, corporate buyers, individual family groups and investors, three offers remained. “From those three, an ultimate prevailing bid was selected by the trustee and a backup,” Carswell said, expecting a sale to close within 10 days. A few hours later, on Saturday night, Bass posted an Twitter update that he and his team may have been outbid by a Hollywood studio and that the house had gone for way more than the $1.85 million listing price. “I’m feeling heartbroken today,” he wrote. “We placed the winning bid on the iconic Brady Bunch house — at least that’s what we were told. The agent represinting the estate informed us we made the winning bid (which was WAY over the asking price) after the final deadline for all offers had passed–even writing up the “winning bid” for my team after informing me of the good news.” But after he’d spent Friday night celebrating “a dream come true,” the next day “due to ‘unforeseen circumstances’ the same agent informed us that there’s another Corporate Buyer (Hollywood Studio) who wants to buy the house at any cost. We were prepared to go even higher but totally discouraged by the sellers agent, they will outperform any bid with unlimited resources.” While the name of the Hollywood studio is not revealed, The rights to The Brady Bunch series are owned by CBS TV Studios, which tried to reboot it during the 2012-2013 season. The project, produced by Vince Vaughn, was in development at CBS. With The Brady Bunch still running in syndication, boosted by cult following, and sitcoms revivals and reboots hotter than ever, it is not inconceivable that the studio would want to own and preserve the exterior of the classic series. The house, located at 11222 Dilling Street in Studio City, CA., only a few blocks away from CBS’ Radford Studios, only went on the market a couple of weeks ago. The listing calls the property “the second-most photographed home in the United States,” after the White House. The residence is two bedrooms with three bathrooms and has two master suites. It boasts 2477 square feet on a lot size approximately a third of an acre. The house is on sale for the first time in 45 years, having been bought by its current owners in 1973. The home was used in the exterior shots of The Brady Bunch series, with interiors done at a sound stage. The beloved Sherwood Schwartz sitcom aired from September 1969 to March 1974, revolving around a large blended family. “Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence.” - John Adams | |||
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Shaman![]() |
I believe unless you have a contract, too bad. ![]() He who fights with monsters might take care lest he thereby become a monster. | |||
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paradox in a box![]() |
What kind of seller's agent discourages a bidding war? Especially when one of the buyers has unlimited resources. These go to eleven. | |||
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Member![]() |
Read my mind exactly,lol
______________________________________________ Life is short. It’s shorter with the wrong gun… | |||
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Member |
There are lots of lefty’s that want to repeal Prop 13. It’s One of the few consumer friendly laws in this state. The left blames their lack of ability to tax people into submission for the budget problems, school problems, everything because they can’t pour money on it. There is a move to get a law passedto take you tax base with you to any other county which would probably free up a lot of housing inventory. My parents pay tax on their 1971 purchase price assessment plus a very small increase per year. Less than 50k in paper value to the county tax collector about 1,000 a year in prop tax. They could list and sell their San Jose house in a day for sell over 1mm. New buyer would pay 12k a year at that sale price. Their problem is where would all these older folks go who have been in the same house since the Brady bunch was first run on TV ? If theyvbuy in the same county they can retain their tax base but they couldn’t buy anything meaningful in the county where San Jose is. If they bought in a rural area they would still pay several hundred $k for something nice and their taxes would still go up substantially. He’ll ive only been in my house 10 years and the value has nearly doubled. I wouldn’t want to pay 2x the taxes now for this house. I couldn’t even afford to buy my own house today. I wouldn’t want that crappy house with that open shed for a garage and AstroTurf for a yard although the attic space would be cool. ![]()
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Ammoholic |
Yeah CA property values have been exploding for a long time. There was a huge uproar because a lot of retirees on fixed incomes were getting taxed out of there houses. Prop 13, a voter initiative set that assessed value could only increase by a maximum of 2% per year, no matter what happens to property values, except on sale, at which point properties are reassessed to market value. Of course there are unintended consequences. A new family moving into a tract may pay ten times (or more) than families that have lived in the neighborhood for a long time in almost identical houses. It gets tougher to move after you’ve lived somewhere long enough to have a “good discount” on property taxes. Well, unless you are moving to somewhere in Free America (TM) where property values (and politics) are more rational... | |||
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Left-Handed, NOT Left-Winged! |
As someone in the tech industry (sort of) I get inquiries from Silicon Valley companies every year. Flew out to Palo Alto last year for an interview, and this year will go to Cupertino soon. Admittedly, it's mostly curiosity about what they might offer. Living in Indianapolis with a house that would be 10x more expensive in CA, and the taxes higher than my mortgage, it would take a LOT of money to get me to move. | |||
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Info Guru![]() |
Another alternative - they could sell their house, buy a mansion on a beautiful lake in TN with a view of the Smoky Mountains, put the rest of the $1 million from the sale of their house in the bank and live like a king and queen during their retirement years!! ![]() “Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence.” - John Adams | |||
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Member |
^^^ this is true, but they would then rarely see their kids or grandkids let alone start over at 75 making all new friends. Also part of the CA prop tax laws is the inheritance of tax base. My dad is an only child and he inherited my grandmas house in San Jose about 10 years ago with a 1971 tax base as well. I think he pays about 700 a year in tax. Market value is about 800-1Mm The house has no mortgage and rents for about 3k a month which is probly way under market but the tenants are reliable and haven’t seen their way to trash anything in all other years they lived there. If he never sells it then me and my brother will inherit it some day at that same tax rate. Only goes parent to child. Can’t skip to grandchildren to keep that tax base. Now to really game the system would be for me to inherit the house and some how buy out my bothers share live there long enough to get residence status then sell and transfer the tax base to a new house. Assumes I am still living here in ~20 years. Either way it’s a win becuse the IRS value of the House is the date of death step up so when it is sold the cap gain will be negligible. Anyway the law is really helpful to very long term multigenerational property owners | |||
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Staring back from the abyss ![]() |
More money than sense. ________________________________________________________ "Great danger lies in the notion that we can reason with evil." Doug Patton. | |||
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Purveyor of Fine Avatars ![]() |
I was browsing the HGTV website when I came across this--apparently, HGTV is the one who got the winning bid on the house: https://www.hgtv.com/shows/hgt...ng-the-original-cast
"I'm yet another resource-consuming kid in an overpopulated planet raised to an alarming extent by Hollywood and Madison Avenue, poised with my cynical and alienated peers to take over the world when you're old and weak!" - Calvin, "Calvin & Hobbes" | |||
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