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Celeb R.E.: Sherman Oaks Short Sale by The Bold and The Beautiful Star Hunter Tylo

Tylo image courtesy Wikipedia/Frantogian, Image courtesy HomeSmart NCG Inc
Back on March 30, 2015, the always hilarious, Your Mama, at the Variety Realestalker, revealed that The Bold and the Beautiful soap star, Hunter Tylo has short listed her Sherman Oaks home for $1.8 million on March 27, 2015. More than 3 months later at time of this writing, the home is still available.

The home measures 5 Bed/6 Baths on 3,668 sqft on a total lot size of 5,795 sqft built in 2004. The listing description briefly states, "Contemporary home located South of the Boulevard. Two story with five bedrooms and six bathrooms."

For those that forgot the crazy foreclosure days of 2008 - 2011, a short sale is when the homeowner owes more than the equity in the home at the time of sale. Tylo purchased the property during the housing market bubble peak on July 3, 2006 for $1,585,000. The difference between the asking price and Tylo's purchase price is a positive $215K which means that Tylo owes at least more than $215K on this property which doesnt even include equity gained after almost 10 years of living in the home. Kinda hard to believe that a successful actress needs to short sell especially with a strong housing market but obligations in life do get in the way like a divorce, health issues, loss of income, etc. Wishing Tylo the best with this short sale. 

You can view more SFV Celeb R.E. here

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Marty Mcfly

Anything and everything about the San Fernando Valley. This blog will take you back in time when the valley was covered with dirt and orange groves to a leader in the space race to its current status as America's suburb. Come along and join me on this adventure, I guarantee you have been influenced/impacted by the San Fernando Valley in one form or another even if you have never visited or heard of the SFV.

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