Georgia’s Most Lavish Foreclosed Mansion

Le Reve, the once $50 million estate for sale in Forsyth County, Georgia was in foreclosure. It has now had yet another price cut down to a new low of $16.75 million. Real estate agent Troy Stowe put it bluntly in a piece on WSOC-TV, saying “now, our new strategy is, the house needs to go.” The new listing trumpets …

Victoria Scott-RichardsGeorgia’s Most Lavish Foreclosed Mansion

Toni Braxton Facing Foreclosure

The Wall Street Journal reports that the holder of Braxton’s mortgage debt won bankruptcy court approval to start proceedings against her home in Duluth, Georgia. Braxton doesn’t own the property, a trust does. She owes $1.5 million on her mortgage, while the property itself been appraised at $1.2 million. She took out the mortgage in 2004 with Wells Fargo Bank …

Victoria Scott-RichardsToni Braxton Facing Foreclosure

Real Estate Round-Up

A global energy and ethanol company in San Diego, has listed a house he built on spec in Pacific Palisades for $9.495 million. The listing is with Madison Hildebrand. Actor and teen star Carlos Pena Jr. has bought a Mediterranean-style home in the San Fernando Valley for close to its $1.5-million asking price. Television writer Lyla Oliver has sold her …

Victoria Scott-RichardsReal Estate Round-Up

America’s Most Expensive Speeding Tickets

Georgia is the state to watch out for. First-time speeders in Georgia face a maximum fine of $1,000 and possibly even up to a year in jail. North Carolina is slightly more lenient; you can only be fined up to $1,000 and spends up to sixty days in jail. Illinois, Nevada and New Hampshire also carry maximum fines of $1,000, …

Victoria Scott-RichardsAmerica’s Most Expensive Speeding Tickets