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Tuesday, November 8, 2011

In the Midst of Lawsuits, Rihanna Quietly Lists Home For $4.5 Million.

Source: IMDb

Apparently, an umbrella wasn’t enough to cover the reported leaks in Rihanna’s home.

According to Real Estalker, the Barbados-born singer is ready to get rid of her modern mansion and has quietly listed the property for $4.5 million.

Although she bought the home for $6.9 million, apparently she doesn’t mind losing a few million. After all, the singer is hoping to recoup some costs through a lawsuit she has already filed against the builder, previous owner, home inspector and real estate agents involved in the sale.

Rihanna claims that the home was poorly constructed and has had numerous of water leaks causing serious damage. She, and her legal team believe that the previous owner knew about the defects when Rihanna bought the property in 2009. If Rihanna did, in fact, perform due diligence in purchasing the property and existing problems were not disclosed, then, in the state of California as in many other states, she would have a case.

Although the home was described as a “stunning, brand new development” when Rihanna purchased it, the new listing doesn’t hide the property’s current description, describing it as having “significant water intrusion and moisture issues throughout” and “may be subject to short sale.”

The 8-bedroom, 10-bathroom home backs up to undeveloped property on a hill overlooking Los Angeles. Celebrity-worthy amenities include a sauna and steam room, library, gourmet kitchen, enormous master suite and private home theater.

With Rihanna’s current success — the Grammy award-winning singer has achieved “twenty Billboard Hot 100 top-ten singles” — she probably won’t have any trouble picking up a new celeb-worthy piece of real estate.


In the Midst of Lawsuits, Rihanna Quietly Lists Home For $4.5 Million.
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Posted on: Beverly Hills Real Estate-Beverly Hills Homes For Sale

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