Archive for September 2011

Ellen and Portia List Horsey Hidden Valley Compound

SELLER: Ellen Degeneres and Portia de Rossi
LOCATION: Hidden Valley, CA
PRICE: $16,500,000
SIZE: 26 acres with 8 cottages

YOUR MAMAS NOTES: Listen, children, The Dr. Cooter came home from the hospital yesterday with a nasty flu and today our big ol' belly also feels churned up with a tetch of the flu too. On top of the icky sickness, our sassy but ever-so-helpful house gurl Svetlana left three days ago for a vacation in an unknown locale she would only describe as "The Old Country" and we have Momma Cooter coming in for the weekend, which means despite feeling pukey there's linens to be laundered, rugs to be vacuumed, and terlits to be scrubbed.

Given all that, we are not feeling particularly pithy and we are certainly in no mood for a lengthy treatise on today's subject matter so rather than blather on (and on) like we usually do we're going err on the side of brevity today in our discussion of the Thousand Oaks, CA horse ranch chat show honcho Ellen Degeneres and her actress wife Portia de Rossi have had on the market since at least June (2011) with an asking price of $16,500,000.

The Sapphic lovebirds acquired the 26-ish acre spread in the tony Hidden Valley enclave in June 2009. In all honesty, children, Your Mama could not for the life of us come up with an exact purchase price but we do know from previous reports and listing information we excavated out of the internets the fully equipped equestrian property was last listed with $10,000,000 price tag.

The property, tucked into oak forested foothills where it takes advantage of the cool ocean breezes the swoop up and over the Santa Monica Mountains from Malibu, includes a total of 8 residential cottages of varying sizes, three of which are shown above in listing photos. All of the cottages were all done up and did over by Missus Degeneres and her missus the the assistance–we've been told–of interior designer Jay Holman who made use of a strictly restrained, casually sophisticated and muted palette of white, grey, taupe and pale earth tones.

The cottages feature renovated bathrooms and kitchens stocked with high-end appliances, wood and polished concrete floors, vaulted and beamed ceilings, and easy access to the screened porches, decks and terraces that extend the living spaces outdoors. The day-core tends towards a kind of kick-up-your-feet comfort that includes a lot of rustic vintage wood furniture stripped of paint, un-dyed linens, and many clusters and collections of mirrors and portraits that look like they could have been snatched up at the Rose Bowl Flea market.
The extensive equestrian facilities include five horse turn outs–whatever those are–a hay barn, dressage and jumping arenas with an adjoining judges stand, and an upgraded horse barn with six double-size stalls, tack room, kitchen, industrial washer and dryer set up, and a lounge area with radiant heated floor.

In addition to all the horse-related structures and amenities the property features scads of entertainment and relaxation spaces that include a tree house, windmill, screened yoga pavilion and a couple of large barns that both have radiant heated poured-concrete floors, kitchen facilities, and exposed interior architecture with soaring ceilings.
Miz Degeneres and her team of decorators and landscapers have peppered the pastoral property with numbers lounging, dining and entertainment areas that range from a simple woven hammock in an oak grove to a antique farmhouse table that sits in the sun-dappled shade of a massive oak tree to a partially walled patio shaded by market umbrellas. The property does not appear to have a swimming pool–why the ladies didn't install once we don't know–but there is a recently resurfaced and fenced tennis court and basketball hoops for the sporty types.

This is not the first horse ranch Miz Degeneres has owned. In December 2005 she paid $2,800,000 for a picturesque 20-acre ranchette on Roundup Road in Santa Ynez, CA that she flipped in March 2007 for $3,050,000. In May 2005 she paid an undisclosed amount of moolah for a larger spread in Santa Ynez, a 119.8-acre ranch on Armour Ranch Road. Fickle as she is with her real estate she quickly flipped this one back on the market as well and sold it in December 2006 to a prominent couple from Seattle. Property records for the ranch are murky but it appears that it was sold for $9,500,000 but we don't recommend anyone quote us on that price like it's gospel.

Until recently Miz Degeneres and Miz De Rossi had their primary residence, a multi-acre compound in tucked privately into the mountains above Beverly Hills, on the (open) market with an asking price of $60,000,000. The listing for the property disappeared from the internet a few weeks ago amid rumors that indulged Formula One Racing heiress Tamara Ecclestone looked at but declined to purchase the property. Your Mama recently asked around a bit about the status of the property but it seems that everyone is very tight lipped about the matter.

listing photos: Sotheby's International Realty

UPDATE: Jennifer Lopez

Last week rumors and reports began to circulate that soon-to-be-divorced entertainment industry heavyweight Jennifer Lopez was about to buy a behemoth house in the Hamptons.

The real estate gossip gals at Newsday first reported that thrice married Miz Lopez Noa Judd Anthony had an accepted offer and was about to go to go into contract for an all but brand-new 15,000-plus square foot shingled "cottage" with views over and deeded access to Mecox Bay in the supah-swank Water Mill enclave.

Two days ago Newsday elaborated that the posh pad in Water Mill for which Miz Lopez "made an offer" sits just across a narrow lane from a planned (but not yet approved) sailing club that would like to operate out of a small 18-x-10-foot shack on the pond's shore. This may or may not influence her decision to move ahead or shut down the (alleged) purchase of the Mecox Bay manse.

Today word comes down the celebrity real estate gossip grapevine via Jennifer Gould Keil at the NY Post that the Mecox Bay property may not be quite as sold as the many reports on the matter have indicated. Miz Gould Keil revealed that the Mecox Bay house is "still open to other potential buyers for walk-throughs." However, it is Your Mama's experience that in that neck of the real estate woods, since many accepted offers fail to go into contract, it is quite customary for a house to remain on the open market until the contracts are signed by both the seller and the buyer.

Miz Gould Keil went on to reveal that in addition to the Mecox Bay pile she may or may not be close to signing contracts for Miz Lopez has also peeped at least one other high-priced property in the area, a more privately situated 3.5+ acre estate in the Georgica Estate area of East Hampton (shown above) listed with an asking price of $16,900,000.

Listing information shows the intricately articulated and roughly 11,600 square foot shingled sprawler includes 8 bedrooms and 9.5 bathrooms. It was designed by noted Hamptons architect Peter Cook whose name tabloid readers will recognize as Christie Brinkley's philandering former hubby.

The rambling mansion's main living spaces include a double height foyer, formal living room with fireplace, formal dining room, paneled library/family room with fireplace and built-in book cases, and a center island kitchen with sky-lit vaulted ceiling and breakfast room wrapped in windows and French doors.

A long hallway extends off the foyer and leads to two guest/family bedrooms each with private bathroom and a titanic master suite comprised of entry vestibule, octagonal study, large bedroom, vintage-style bathroom and large custom-fitted walk-in closet/dressing room. A staircase in the entry vestibule of the master suite leads up to a second octagonal room suitable for use as a fitness room, yoga studio, hair and make-up facility, or–for those so-inclined–a doobie-smoking retreat. The master bedroom opens to a private covered porch with long view over the thickly planted back yard.

Upstairs there are three guest/family bedrooms, one with private balcony and all with private bathrooms. The extensive service wing spreads out over two floors and includes and quarter-round butler's pantry/staff sitting room, bedroom-sized laundry room, back entrance from the rear motor court and garage, and a two bedroom/2 bathroom staff apartment accessible by a private staircase.

The house sits privately down a long gated driveway at the head of a circular drive that loops around to a rear motor court. Numerous decks, terraces, patios, screened and covered porches surround the house. Broad lawns dotted with massive and mature shade trees stretch out in every direction. Just off the semi-circular covered porch that extends off the rear of the house there's a vast stone terrace ringed by a picket fence that keeps kiddies from accidentally falling into the heated swimming pool. Shade seekers will appreciate the adjacent pool house vine-draped pergola.

Now listen chick-a-doodles, Your Mama has absolutely zero inside intelligence on Miz Lopez's (alleged) real estate activities in the Hamptons so we really haven't any idea what house she may or may not be interested in buying. We're just passing along the rumor and gossip and thought the children might enjoy a little late-afternoon Hamptons real estate hoity-toitiness.

listing photos: Corcoran

Jonah Hill Heads for The Valley

BUYER: Jonah Hill
PRICE: $2,175,000
SIZE: 4,650 square feet, 5 bedrooms, 5.5 bathrooms

YOUR MAMAS NOTES: Like so many other famous folks with deep pockets, actor/screenwriter/comedian du jour Jonah Hill (Superbad, Knocked Up, Get Him to the Greek, 21 Jump Street) appears to have come down with a raging case of The Celebrity Real Estate Fickle.

In August 2009 the then still rather rotund jokester sold a West Hollywood (CA) condo for $835,000, $215,000 less than the $1,050,000 he paid for the 2 bedroom and 2 bathroom crib just shy of two years earlier.

The following May (2010) Mister Hill dropped $1,865,000 on a Richard Dorman-designed ranch-style mid-century residence tucked into a quiet enclave off Mulholland Drive above Laurel Canyon. The house, originally built in 1959 by property developer Fillmore Crank and actress/hotelier Beverly Garland, sits right around the corner from the house where button-pushing comic superhero Sacha Baron Cohen and actress Isla Fisher lived until they acquired their much more a-list style compound down the road a piece.

Last week Your Mama heard from The Bizzy Boys at Celebrity Address Aerial who whispered in our ear that property records they peeped indicate newly slender Mister Hill purchased another home in the somewhat unlikely and entirely unexpected haute-suburban locale of Tarzana, CA. It took Your Mama a few days to sort through the matter but we finally received word from our always eerily well-informed celebrity real estate snitch Lucy Spillerguts who confirmed that a trust linked to Mister Hill and his accountant-to-the-stars father had indeed dropped $2,175,000 on a mini-estate tucked into the foothills of the Santa Monica Mountains in an affluent and leafy neighborhood in Tarzana.

Property records show the deal went down in mid-July (2011) and listing information shows the fenced and gated single story quasi-Cape Cod-style residence contains 5 bedrooms and 5.5 bathrooms in 4,650 square feet. The house was built in the 1950s but has been updated and upgraded in recent years and now features fine finishes such as distressed mahogany wood floors (that sometimes run at funny angles to the walls), travertine and marble floors and counter tops, intricate moldings, plantation shutters, and French doors galore.

The house, described in marketing materials "as if it were plucked right out of an elite neighborhood in Connecticut" features a formal living room with fireplace flanked by built-in book shelves, a formal dining room with wide bay window, and an over-sized office with vaulted ceiling. Listing photos depict the house as done up by the seller, an interior decorator recently involved in a legal imbroglio in Ireland. The traditional day-core is lovely if not exactly our decorative cup of tea. Those plaid slip covered chairs in the dining room may cause us agita but the rugs, children. Beeotch knows how to pick a damn rug.

Anyhoodles poodles, the expansive, open plan family room/kitchen has a painted coffered ceiling, fireplace, built in entertainment center, and a breakfast area with backyard view through one of the many sets of French doors throughout the house. The kitchen–more traditional than we would install in our own home but none-the-less a real stunner–has custom Shaker-style cabinets with glass-fronted uppers, Carrara marble counter tops and back splashes, commercial-style stainless steel appliances, and a snack/boozy-beverage-before-dinner bar. Ordinarily we scream and stomp our feet like a two year old about kitchen cabinetry that does not extend all the way to the ceiling. In this case, for some reason, it does not bug or betwixt our beady little brain. There are always, it seems, exceptions to our rules. A walk-through butler's pantry with sink and dishwasher connects the kitchen to the dining room and a de-voon mac-daddy walk-in pantry comes well-equipped with floor-to-ceiling shelves a commercial-grade, glass-fronted fridge that we can assure the children cost more than a used Honda.

Each of the sizable secondary bedrooms has access to an en suite bathroom and the super-sized master suite comprises a sitting room/study with bathroom, bedroom with fireplace, coved ceiling with accent lighting and plantation shuttered French doors that lead to a private terrace. There are dual walk-in closets with custom built ins and a large if decoratively banal bathroom with two sink vanity, hot tub-sized soaking tub and not just one but two showers, both with built-in benches and one with steam.

The property spans just .85 acres (37,026 square feet) according to listing information but manages to squeeze in various covered and pergola-shaded dining and entertainment terraces, a classic kidney-shaped swimming pool with spa, a citrus grove with "lounging pavilion," a Bocce ball court–which we love–large patches of grass and a lighted (and recently resurfaced) tennis court.

Other assorted amenities include expensive copper gutters, a concrete tile room made to look like slate, custom lighting indoors and out, and a built-in sound and security systems.

listing photos: Prudential California Realty

Karl Lagergeld Kuts Asking Price of New York City Krib

SELLER: Karl Lagerfeld (allegedly)
LOCATION: New York City, NY
PRICE: $5,200,000
SIZE: 2,151 square feet, 2-3 bedrooms, 3.5 bathrooms

YOUR MAMAS NOTES: Our compadres over at Curbed reported today that a glammy if hardly furnished New York City apartment owned but never occupied by German-born and Paris-based couturier Karl Lagerfeld has just had a hardcore haircut that plunged the price tag from $6,500,000 all the way down to $5,200,000.

Property records show a corporate entity we can not directly connect to Herr Lagerfeld acquired the swank sixth floor spread, located in the high-priced Ian Schrager conceived 50 Gramercy Park North building, way back in November 2006. The complicated sale price shows up on Street Easy as $6,694,993.

Mister Lagerfeld, who churns out designs for Chanel, his own eponymous label as well as Fendi, was rumored (and reported) back in early February (2011) to be fixing to list the 2-3 bedroom and 3.5 bathroom condo that overlooks private Gramercy Park with a $5,500,000 asking price. However, dontcha know, within days of the first reports on the matter mercurial Mister Lagerfeld let the folks at fashion bible Women's Wear Daily know that he'd "never heard anything about such a price" and that, in fact, he wasn't selling the apartment at all.

Flash forward to late July (2011) when–not entirely unexpectedly–Herr Lagerfeld's contemporary condo-crib popped up on the open market with an asking price of $6,500,000. Its current $5,200,000 asking price means, as per our beloved bejeweled abacus, that even if his Gramercy Park pad sells for full price, Mister Lagerfeld faces a not-inconsequential $1,494,993 financial gut punch not counting real estate fees or the $7,436 per month common charges that our calculations show total over $400,000 for the near five years he's owned but made little or no use of the apartment.
The floor plan included with listing current listing information (above) shows the 2,151 square foot apartment opens to a foyer that spills into the living/dining room that features oak floors stained matte black, custom-designed built book cases for holding a small part of Herr Lagerfeld's famously vast book collection, and pretty-pretty Gramercy Park views through windows that stretch from the floor to ceiling. Sliding pocket doors join the living room with the adjacent bedroom/library, also with a wall of custom-designed book cases, plus a small dressing room and private bathroom.

The streamlined kitchen, originally open to the living/dining room, has been closed off and features sleek cherry wood cabinetry and sterile stainless steel counter tops. At first we worried about the wisdom of the enclosing the windowless kitchen but then we remembered that Herr Lagerfeld–now just a slip of a thing but a former chubster who in his heftier days was rarely seen without a fluttering fan that (sort of) hid a double chin–injests little more than "protein sachets," diet soda, and homeopathic granules.

A long hallway lined with, shallow closets, a powder pooper, and a laundry closet stretches back from the foyer, past the second bedroom with private facility to the north facing master suite comprised of bedroom outfitted with even more custom designed book cases, a single walk-in closet, an office/dressing area and windowless bathroom with two sinks, travertine soaking tub, separate stall shower and over-sized terlit cubicle.

Since Herr Lagerfeld has never officially occupied the premises we make the (possibly incorrect) assumption that the barely there day-core–even that headless and armless male mannequin-thing wearing riding boots in the master bedroom–belongs to Staging Lady in a Pink Toyota.

Ownership at 50 Gramercy Park North includes a coveted key to the private Gramercy Park plus access to all the many services provided by the impossibly chic Gramercy Park Hotel located immediately next door. Available amenities include valet parking, butler, room and catering services, housekeeping, event planning, personal shopping, priority reservations at swank eateries, a fitness facility, spa and private roof top club.

For what it's worth, a few moments research reveals the apartment directly below Mister Lagerfeld's real estate albatross is also on the market but with a lower asking price of $4,950,000. In January of this year an all but identically laid out apartment on the third floor sold for $4,150,000 after more than two years on and off the market with asking prices as optimistically high as $6,900,000. Make of that information what you will.

Until some in 2007 or 2008 the supermodel thin and dour-pussed high fashion dynamo who sports a pony-tailed pompadour and masochistic shirt collars, lived for 18 or so years in a palatial and heavily-gilded 18,000 square foot apartment in a converted hôtel particulier on the Rue de l'Université. A fascinating 2007 profile of Herr Lagerfeld in The New Yorker revealed that he was then in the process of relocating to the Quai Voltaire where he'd "purchased four apartments on two floors on two floors of a two-hundred year old building overlooking the Louvre." The profile went on to say that the lower floor would be done up and did over "Old World" style and the upper floor with furniture and artworks made after the year 2000. Photographs taken by Herr Lagerfeld himself were, apparently, published in the Japanese version of Elle Decor in 2008 and depict a very contemporary interior with a heavily disciplined palette of black, white, grey, and stainless steel.

It was also reported here and there in October 2008 that Herr Lagerfeld made the unlikely acquisition of an 19th century house with six bedrooms on an island in Lake Champlain, VT, but, sorry Charlies, we don't have anything concrete or specific on that other than he himself described the house as "very much Emily Dickenson," whatever that means.

listing photos and floor plan: Corcoran

Leighton Meester is A Valley Girl

BUYER: Leighton Meester
PRICE: $1,457,500
SIZE: 2,847 square feet, 4 bedrooms, 4.5 bathrooms

YOUR MAMAS NOTES: We recognize we are far from the first gossip to arrive at this particular celebrity real estate soirée but we feel like discussing the matter anyway....

In her tee-vee life 20-something year old model/actress/singer Leighton Meester (Gossip Girl) convincingly portrays Blair Waldorf, a deeply vain, status obsessed and designer duds wearing teenage socialite whose social and real estate milieu are the tony streets and posh apartments of the Upper East Side of Manhattan.

In real life, model-thin Miss Meester comes from less than ideal circumstances: She was born while her mother was in prison on a dope smuggling conviction; Her older brother had and–uhmugly issue with a female; Her younger brother has unspecified but apparently significant medical needs; And she's currently engaged in an ugly legal wrangle with her mother who claims Miss Meester agreed to provide her $10,000 a month income for the rest of her life.

The young actress, who admirably owns and takes an impressively sanguine approach to her rather complicated familial circumstances, also differs considerably from her character in her choice of living situations. If snooty-tooty Blair Waldorf were to buy a house in Los Angeles, CA Your Mama imagines she might go for a fancy mansion in the flats of Beverly Hills or a sexy bachelorette pad that cleaves to a steep slope just above the Sunset Strip. When Miss Meester when hunting for a house in Los Angeles, on the other hand, she settled on a well-maintained but architecturally prosaic ranch-style residence in Encino. That' right, puppies, Encino, the spiritual if not exactly geographic heart of the San Fernando Valley.

Property records and previous reports show Miss Meester paid $1,470,000 for the updated and upgraded but mostly very ordinary house in the upscale Royal Woods neighborhood back in June 2011. Originally built in 1948, the single-story house, situated on a knoll above the street and well-shielded by a thick cluster of foliage, measures 2,847 square feet with 4 bedrooms and 4.5 bathrooms according to listing information we coaxed out of the interweb.

The interiors of Miss Meester's new west coast abode are typical of rambling suburban ranch homes in southern California, meaning there are too many too-low ceilings. To the right of the narrow entrance hall there's a living/dining room with honey-colored hardwood floors, plantation shutters over the wide bank of windows, and a wood-burning fireplace. It goes without saying, we hope, that Miss Meester has the good decorative sense to hire a nice, gay decorator to do something–anything–with that disturbing, fleshy-pink wall color in the living/dining room.

The hardwood floors continue into an adjoining, almost identically sized family room at the back of the house that lacks a fireplace but does have two sets of French doors that give way to a sizable, awning-shaded outdoor living/dining area. A wide opening with glass-topped snack bar separates the family room from the galley-style eat-in kitchen that has room for a breakfast table and is outfitted with perfectly ordinary (but probably custom and very expensive) white raised-panel cabinetry, dark taupe granite counter tops and back splashes, and high-grade stainless steel appliances. For some inexplicable reason the short back splash behind the range top was done with ebony river rock instead of the matching granite as was done on the opposite wall. Just. Say. No.

The home's four bedrooms divide up into a guest/staff suite, two generously sized secondary bedrooms–one with private entrance–and a decent-sized if not huge master suite that includes a small sitting area, fireplace with glass tile surround, walk-in closet, and an attached bathroom with double-sink vanity, soaking tub, and separate glass-enclosed steam shower.

The flagstone-floored outdoor living/dining area off the family room opens to the lushly-landscaped back yard and includes a wet bar for the boozers, a water feature we find unnecessary, and electric heaters that allow the terrace to be used year round. Brick-lined flagstone walkways wind around the back of the house where there's an amorphous grass patch, a beautiful Japanese maple tree, and an ivy-covered hillside, and a built-in barbecue center.

A stone stairway ascends the hillside behind the house to a broad flagstone terrace that surrounds a rectangular, black-bottom swimming pool. An adjacent cabana has a kitchenette area with dishwasher and fridge, dual changing rooms, and a convenient 3/4 bathroom that means no one must navigate their way down the hillside staircase, across the back yard and into the house when they feel the need to purge their bodily fluids.

Miss Meester's current boob-toob gig films in New York City so–we presume–that's where she lives most of the time. There are various older reports floating around online that mention Miss Meester's Big Apple apartment. One report from 2009 makes special note of the custom closets she had installed and another, also from 2009, says Miss Meester went all diva-like with her New York City neighbors and asked all the other residents on her floor to not smoke cigars and cigarettes in their apartments because she "'develops a sore throat if she's exposed"' to smoke. Your Mama freely admits that we do not know where Miss Meester resides in New York City and haven't an iota if she still lives in the same building where she (allegedly) banned neighbors from smoking or the same apartment where she had custom closets installed.

Although she only became a household name and much-yakked about style icon since joining the cast of Gossip Girl in 2007, the Teen Choice Award-winner has been in the Business of Show since since she was just a wee lassie who trod the boards of the local playhouse in Marco Island, FL. At the age of 11 she and her mother moved to New York City where she modeled and made a number of commercials. At 14 she and her mother moved to Los Angeles where she went to school and quickly landed a long list of small parts in various movies and television series. She appeared in Law and Order, Hangman's Curse, Boston Public, Tarzan, 7th Heaven, 24, Surface, Shark, Numb3rs, and Entourage. Since Gossip Girl she's frequently found her way to the silver screen in (mostly not very good movies like) Date Night, Country Strong and Monte Carlo.

listing photos: Prudential John Aaroe

There Are Defects In Every Home

We'd all like to buy theperfect home. Unfortunately, it doesn't exist. Even new homes have defects.That's why it's important to have any home you buy inspected by qualifiedprofessionals-even if it's brand new. You'll undoubtedly discover defectsduring your inspections. In fact, you should hope that any significant defectsare uncovered before you remove your inspection contingency from the purchasecontract. It's far worse to be surprised after closing by unanticipated repairexpenses. 

Armed with a completeassessment of the current condition of the property, you can make an informeddecision about whether to purchase the property in its present condition. Or,you may want to renegotiate the terms of your contract with the seller. Ifdefects are incurable, you may want to withdraw from the contract altogether.Your purchase contract should set guidelines for how inspection defects are tobe handled. For example, the seller may have had a "termite"inspection completed before marketing the property. If so, the contract mightspecify which party-buyer or seller-will pay for the required corrective work.Not all inspection contingencies are the same. Some specify that the buyershave the unilateral right to approve or disapprove inspections. In this case,if the buyers disapprove the inspections, the contract may be cancelable at thebuyer's option. 

HouseHunting Tip: Even if your contract allows you to withdraw due to inspections,carefully consider before electing this option. You will already have spentconsiderable time, effort and money finding and inspecting the property. If thedefects are correctable, it's usually worthwhile to try negotiating anagreement with the sellers rather than starting the process over again. Someinspection contingencies provide for buyers to give the sellers the opportunityto correct defects, rather than just walk away from the deal. In this case, theterms of the contract often become subject to further negotiation. Beforeasking a seller for inspection-related concessions, make a list of thesignificant defects that you discovered during your inspections. Then find outhow much it will cost to repair these defects. When you make your request, putit in writing and include a copy of your cost accounting list along with thereports and estimates on which you're basing your request. 

Youmay find that the seller is not willing to negotiating over items that weredisclosed to you before you made an offer to purchase the property. It stillmay be worthwhile to point out that the cost of the previously disclosed itemsin addition to the newly discovered defects alter the amount you can reasonablypay for the property. Sellers are wise to consider any reasonable proposal froma well-qualified buyer. If the inspection- related defects are significant,they are likely to be a concern to other buyers. Depending on the law in yourstate regarding seller disclosures, you may have to provide copies of thebuyer's reports to future buyers who are interested in the property. There areseveral ways in which sellers can participate in buyers' repair requests. Theycan have the work done by closing, if time permits. Often contractors willaccept payment at closing. Or they can credit money to buyers as long as thecredit is called a credit for buyers' nonrecurring closing costs. Lendersusually limit the amount of such a credit to 3 percent of the purchase price orequal to the actual amount of the nonrecurring closing costs, whichever isless. 

I pull out all the stops to sell your home.
Lonnie Snyder
Keller Williams Realty Southeast Sound
Phone: 206-406-2710

Lonnie Snyder is a full time real estateagent and REALTOR® with Keller Williams Realty specializing in Residential RealEstate for buyers and sellers in Washington's Kent, Renton, Newcastle and SouthBellevue.