- — Apparently, an umbrella wasn't enough to cover the reported leaks in Rihanna's home. According to Real Estalker, the Barbados-born singer is ready to get rid of her modern mansion and has officially listed the property as a short sale for $4.5 million.
Although she bought the home for $6.9 million, apparently she doesn't mind losing a few million. After all, the singer is hoping to recoup some costs through a lawsuit she has already filed against the builder, previous owner, home inspector and real estate agents involved in the sale.
Rihanna claims that the home was poorly constructed and has had numerous of water leaks causing serious damage. She, and her legal team believe that the previous owner knew about the defects when Rihanna bought the property in 2009. If Rihanna did, in fact, perform due diligence in purchasing the property and existing problems were not disclosed, then, in the state of California as in many other states, she would have a case.
Although the home was previously described as a "stunning, brand new development" when Rihanna purchased it, the new listing doesn't hide the property's current description:
Home is a MAJOR fixer with EXTENSIVE water intrusion (but not limited to) roof, windows, doors and balconies. There is EXTENSIVE damage from moisture AND water intrusion. The home is being sold strictly AS-IS and will be subject to a short-sale."
The 8-bedroom, 10-bathroom home backs up to undeveloped property on a hill overlooking Los Angeles. High-end amenities include a sauna and steam room, library, gourmet kitchen, enormous master suite and private home theater-- although whether any of those features are salvageable remains to be seen.
With Rihanna's current success — the Grammy award-winning singer has achieved "twenty Billboard Hot 100 top-ten singles" — she probably won't have any trouble picking up a new celeb-worthy piece of real estate.
Rihanna's home previously