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Britney Spears

How to Make Money

In this Housing Market

4/5/2012 10:10 AM PDT BY TMZ STAFF
EXCLUSIVE

Britney Spears could get $1.5 million for her home
Britney Spears could get $1.5 million more than the asking price of the house she's selling ... not bad for someone who's been under a conservatorship for 4 years.

TMZ broke the story ... Britney sold her Beverly Hills estate for $4,253,000 ... which is pretty impressive, considering she was asking $2,995,000.

But it gets even better for Brit. Because of the conservatorship, the sale must be approved by the probate court later this month, and during the hearing anyone can go before the judge and overbid the buyer.

We just got our hands on court documents, which show that the minimum bid the judge will accept is $4,466,150. 

But here's the bad news. Britney paid $6.8 mil back in 2007. Still, all and all, she's doing better than most in this market.

As we first reported, Britney will be moving into a rental with her 2 kids and her fiance Jason Trawick ... until they find something to buy.

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16 COMMENTS

No Avatar

1.

scoopie    

Good for her. She went through a lot and now it's working out for her.

875 days ago
2.

REALbarbwire7    

How does one maintain motherhood and an engagement when they are basically under house arrest? Enough already. She's a grown woman, making many people wealthy. Even if her finances are taken care of, when does she get her life back?

875 days ago
3.

Paul     

haha over a million dollar loss and not bad? who are you kidding you losers

875 days ago
4.

Carl    

The author of this article is an idiot. Losing over 2 million dollars is in no way, shape, or form "making money". Also, there is a well known real estate technique of listing a property for a very low price to create a bidding frenzy. They never expected it to actually sell for the list price and more likely figured it would go for about what it is selling for.

875 days ago
5.

Clytemnestra    

TMZ: you often fail Readin' and Rightin' and now you certainly fail Rithmethic...she lost over two million dollars on this sale. That is NOT making money on the deal. Idiots!

875 days ago
6.

Superman    

She takes a 37.5% loss. But yet, TMZ wants to act like she did something great.

875 days ago
7.

JJ    

Yeah she's a real estate tycoon. She's only losing $2.6 million plus closing fees on it.

875 days ago
8.

Jordan    

Harvey you missed one very important detail. What happens if nobody goes to probate to bid on the house then it becomes worthless.

875 days ago
9.

Straight Talkin Texan    

Now THAT is a beautiful home inside, maybe the prettiest one I've seen pics of on TMZ.

875 days ago
10.

jimmysmith12    

If anyone else wants to make money as easily as Britney Spears, just do what I do. Become an affiliate from any of the thousands of sites looking for advertisers using something like clickbank, build a wordpress site reviewing the product for that site (takes 5 minutes), then use this autopilot marketing software that targets people's cell phones. I literally get 1000's of views and make money while I sleep.
tinyurl.com/mobile-market-software

874 days ago
11.

SAM    

she looks like she would be fun in bed...

874 days ago
12.

Tesla_Consulting    

" ... conservatorship for 4 years ... " This is not going to look nice but girls are different than boys.

874 days ago
13.

Santos Farrow    

Britney Spears How to Make Money In this Housing Market

873 days ago
14.

Farrah Greenfield    

Britney Spears could get $1.5 million more than the asking price of the house she's selling ... not bad for someone who's been under a conservatorship for 4 years.

870 days ago

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