From Stiller to Statham

We have heard of the gloomy stories of how the housing market is in horror state but it seems if you play your cards right you can still turn a profit by selling your home. Actor, Ben Stiller did it this week when he netted a $10 million profit after selling his hollywood house.

According to news sources, action star Jason Statham, 43, just bought Ben Stiller and Christine Taylor’s 10-bedroom, 11-bathroom Mediterranean-style home in the Hollywood Hills, according to The Hollywood Reporter. The property is actually made up of two separate buildings; there’s also a one-bedroom guest house, a pool, and outdoor dining and living areas. The comedic couple made a tidy profit on the deal: They bought the property in December 1999 for $1.825 million, and sold it to Statham for $11.5 million.

Disclaimer, this is an exemption rather than the rule. Any nearby property that was bought in the heady days of mid 2000s is now underwater.

Photo by: southerncaliforniahomes.com