Friday, November 23, 2007


Finally some good real estate news for top hatted and litigious rock star Slash and his wifey Perla. It appears they may have finally sold off their Wattles Drive white elephant in the Hollywood Hills.

The children will recall that Mister and Missus Slash filed a million dollar plus lawsuit against the real estate agent who represented them during the purchase of this house back in December of 2005 because, they allege, they were misinformed about the size of the house, the amount of parking on the property, whether the property is or is not located on a private street, and various other sundry and silly issues.

Shortly after purchasing the property for $6,250,000, the Slashers decided they didn't want the 5 bedroom and 6.5 bathroom mini manse after all. So they dropped it back on the market for $6,995,000. Despite several price reductions, the house languished on the market and the asking price was eventually brought down to $5,995,999, a number significantly less than the sue happy homeowners paid for the property.

Well, glory hallelujah because MLS information for the property is marked "Looking for a Backup" which indicates the house has finally gone into escrow. Of course a thousand and one things can still go wrong to cause the deal to go down one of the seven terlits in the house. For example, the potential buyers might be bothered by the parking situation at the house and decide to back out.

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