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This is How Celebrities Buy Real Estate

Rich & Famous
/
June 11, 2018

Celebrities are usually seen by fans as demigods of sorts, the kind you put on a pedestal and admire from afar. They can’t be blamed considering these public personalities lead very different lifestyles and careers, which mostly put them in the world spotlight. That being said, some of the normal things we do are also taken to a different level with celebrities.

Buying property, for example, is not a simple matter of them visiting one and closing the sale right there and then or after some deliberation.

Celebrities typically enlist the help of a team of people to make a real estate acquisition happen. And they also tend to make the purchase under a company name or that of their liaisons. This is mainly due to the fact that these famous and rich people want to preserve their privacy as much as possible.

CELEB-HOME-2

Another benefit to this real estate acquisition strategy is that it helps celebrities preserve their assets in case their marriages hit a snag and end in divorce. It will also help reduce liability costs in case an accident happens involving the property.

Some celebrities, however, do not resort to this kind of property buying scheme. One example is Courtney Love, who tweeted with a publication while on a property hunt.

Also, a number of celebrities find it more convenient to buy each other’s homes as their property tend to already have the features that high-profile persons typically require for their residences.

CELEB-HOME

Some celebrities also pick a celebrity home for the simple reason that they’re a fan of the original owner. Yep, celebrities also can get starstruck.

So there you have it. Indeed, home acquisition is no linear matter when you’re rich and famous. Your thoughts on this matter?

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