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Monday 8 April 2013

Whitney Houston FBI Files Revealed No Buyer for $1.75 Million New Jersey Mansion [Photos]


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(Photo : Reuters) The Whitney Houston FBI files revealed the late singer had an obsessed fan and a 1992 extortion scandal from one of her friends, but it didn't show who will take over her New Jersey estate, reported iREALTY TIMES.
The Whitney Houston FBI files revealed the late singer had an obsessed fan and a 1992 extortion scandal from one of her friends, but it didn't show who will take over her New Jersey estate, reportediREALTY TIMES.
Houston reportedly owned two properties, which included a New Jersey home worth $6.5 million and a townhouse located in Atlanta, Ga. that is valued at $1.244 million.


But the properties are not without their down sides. Currently, Houston's New Jersey estate still has $3.247 million owed, while the southern townhouse has 1,046,603 owed on it, according to iREALTY TIMES. Houston's daughter, Bobbi Kristina, who just turned 20 March 4 currently resides at her Atlanta home.
Houston bought the estate for $2.7 million in 1987.
The New Jersey home is currently on sale with an asking price of $1.75 million. It is located in Mendham Township and sits in a gated community with a 5-acre compound. The home has 5 bedrooms, 5 bathrooms, floor-to-ceiling windows, a central air-conditioning system and the living room has a giant circular aquarium.  The circular patterns continue throughout the design of the architecture. The massive 4-car garage is by far the main attraction, which has a motor court that additionally spaces nearly 15 more cars.
View the home here.
According to the home's ad, "if you owned this house you would always have these incredible stories to go with it."
Since the home was put on the market in July last year, five months after Houston's death, the Jersey mansion hasn't found a buyer.
"We presented every opportunity to sell it," Robert Cross, real estate agent, told iREALTY TIMES. "(The family) are being responsive but just have not committed to any offers. They obviously are making private decisions."
However, the agent added that "qualified" buyers have to have $1.75 million in liquid assets or pre-approved loans. 

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