Real Estate Power Couple Ellen Degeneres and Portia Di Rossi Have Listed Another Beautiful Home. They are at it again, our favorite real estate power couple Ellen Degeneres and Portia Di Rossi have listed another beautiful home. This home on Zorada Drive is a bit more modest than their Montecito mansion, it's just 2,755 square feet with three bedrooms, built in 1956. The home is constructed in a U-shape around the pool. For an older home it has a very modern look with concrete floors and large glass walls. It is listed at $2.3 million. Click here to read more.
State targets Murrieta real estate broker. A complaint was filed Wednesday against Stonewood Consulting Inc., a real estate sales and property-management firm in Murrieta, and its licensed broker, Hendrix Moreno Montecastro. Montecastro and Stonewood Consulting are accused of engaging in a scheme by which they used inflated appraisals to obtain mortgages larger than the selling prices of the properties their clients purchased. Stonewood took the difference between the actual sale price and the mortgage amount as compensation in addition to regular sales commissions, the complaint said. The department said an audit of 10 properties conducted as part of its investigation showed the accused collected $969,158 in extra compensation as a result of inflated appraisals. Click here to read more.
~Tina Jan~
Coldwell Banker Kivett-Teeters
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