...from someone who works the better streets of Brentwood, CA that Jenifleck (or whatever damn moniker the gossip glossies have taken to calling Ben Affleck and Jennifer Garner) canceled escrow on the big house on N. Carmelina that everyone including Your Mama reported the with child couple were buying.
Now listen puppies, Your Mama has been out of touch for a few days so we can't confirm that real estate rumor at this point, so don't go repeating it like it's the damn gospel. However, iffin indeed that proves to be true, remember you read it here first.
Not even unpacked yet and updating us on the never-ending Ben and Jen house hunt?? I love it!!!
ReplyDeleteFrom TMZ
ReplyDeleteSean Penn and wife Robin Wright Penn have put their big-time Marin County, Calif. home up for sale. Anyone got a spare $15 mil lying around??
What about this house that X-17 claims they bought?
ReplyDeletehttp://x17online.com/celebrities/jennifer_garner/jen_and_violet_ready_for_the_move-08112008.php#more
Glad to see Mama back in the game! BTW, don't refer to it as Brentwood California. Its Los Angeles CA 90049 "Brentwood" is merely the name of the 'hood. However, if you say Brentwood California, you're talking about a suburb of Sacramento CA.
ReplyDeletePeace to All!
Why would this rich couple need escrow?
ReplyDeletethey canceled escrow because they want to wait it out
ReplyDeleteprices will be off by 50% next year
it is all over the news even the RE professionals are finally talking about it
jim kramer himself said do not buy unless the sellers give you 50% off
then hold it.
ben and jen do not want to catch a falling knife
who does ?
oh and on Josh Flagg and the million dollar listing part 2
that show was shot in 2006 and ended in 2007 so the market was not in trouble yet
now pop the popcorn and watch the fireworks or the firesales.
escrow is a standard unless you do not ask for it
ReplyDeleteit is when inspections are done to see if there are any extensive problems
it is also the time when bad news comes out on cnn and other sites and rumors start and buyers back out because they do not want to be left holding the bag
why buy it now for 16 MM when next year you can get it for 5 MM ?
at least that is what the chatter on the net is now.
I thought if you backed out the seller could sue you for breach of contract?
ReplyDeleteIn CA, the standard contract allows a buyer a generous 17 days to do inspections, appraisals and lender approval. Within that time frame a buyer can back out and not be penalized. That time frame is negotiable and in very hot sellers' markets, buyers might lessen or waive the contingency periods to make their offer stronger, especially if they're paying all cash.
ReplyDeleteIt's always a good idea to have an escrow. Aside from all the inspections and loan issues, a title report is needed to make sure that a clean title is being passed from the seller to the buyer and that the buyer will actually own the house after purchase. Plus, the escrow company is a neutral third party who carried out the contract instructions and makes every one play nice (in theory-ha!).
Anyway, Ben and Jen seem to be hesitant buyers. Isn't this the second or third time they've backed out of a deal (allegedly...speculatively...possibly) in the past six or seven months?
9:55 - That's the house on Mapleton they were rumored to have bought a long time ago but then supposedly didn't.
ReplyDeleteCalifornia real estate agents must be hurting....big time....
ReplyDeleteI wonder if they backed out because all of us loser real estate detectives sniffed out the location? It must piss them off that we're talking about the address and the house as they're driving out the driveway after making an offer... I hope so. Makes all of this worthwhile. Just kidding so don't write letters...
ReplyDeleteYou know e.j., I wondered the same thing but if so, I would think they would restrict their search to one of the many gated communities around LA.
ReplyDeleteSomething is odd about their search. I wonder if one of them has a phobia about homes that have been lived in already? I know someone who was like that and it took years (and three brand new homes) before they got over it.
Weird. Near the end of this video, Garner is clearly pulling into 219 S Mapleton.
ReplyDeletehttp://www.hollywood.tv/blog/2008/08/15/EXCLUSIVE_Jennifer_Garner_and_Daughter_Violet_Shop_for_Daddy_Ben_Afflecks_Birthday
Though 219 is still showing as active on the MLS.
Clearly 219 as evidenced by:
www.219southmapleton.com
Maybe they are investor/flippers in some of these houses? I recall someone posting they thought there was a connection between the builders of this one and the one they "almost" bought in the next block.
ReplyDeleteI can't stand either one of them...maybe we'll all get luck and the next place they buy will be in Hell where they belong...
ReplyDeleteWow big dj, strong reaction for a couple you don't even know personally.
ReplyDeleteAnd you assume I don't know them personally because...?
ReplyDeletebecause, based on your previous posts, if you did you would have bragged about it before someone challenged you. I bet some of the celebrity real estate whores do check out this site now and then.
ReplyDeleteAm beginning to think bigdaddyj is another dimension of average joe. Not too bright, lots to say, bringing nothing of substance to the party. If not aj, just as stupid.
ReplyDelete