Home Featured in Pitt Movie Selling for $2.85M

The New Orleans home that was used in the filming of much of “The Curious Case of Benjamin Button” is for sale.

The film is a cinematic version of a 1921 short story of the same name written by F. Scott Fitzgerald about a man who grows younger rather than older. The story opens in a New Orleans home geared for older adults. The film has been nominated for 13 Oscars.

“The 7,800-square-foot Garden District mansion featured in the film is much nicer than what people saw in the movie,” says Dorian Bennett, who listed the house on behalf of his firm Dorian Bennett Sotheby’s International Realty. “It’s more like Tara than a home for old people.”

The house, which has six bedrooms and bathrooms, a library and a reception hall, is priced at $2.85 million and is on the market to settle the estate of the late owner.

Source: The Associated Press 02/05/09

Feds Charge 19 With Mortgage Fraud

Federal prosecutors announced 19 indictments Monday in a mortgage scheme that stole nearly $13 million in home equity and victimized more than 100 home owners.
Under the scam, home owners facing foreclosure were promised lower home payments and cash up-front if they agreed to add another name to their home’s title. The victims were led to believe they were paying rent to the investors to give them time to get their affairs in order, according to officials.
Prosecutors say the scam was headed by Charles Head of La Habra, Calif. Prosecutors say additional indictments are likely as they continue investigating.
In all, prosecutors say Head defrauded 115 financially strapped home owners in 22 states of at least $12.6 million. The fraud began in and continued through 2006.
Victims ranged from first-time home buyers to the elderly and cost 90 percent of the victims their homes, said Assistant U.S. Attorney Ellen Endrizzi.

Source: The Associated Press, Aaron C. Davis (03/24/08)