Britney Spears Lowers Asking Price

By: Shannon Gossage

Spears is reportedly having a little bit of trouble selling her seven-bedroom home. She put the home on the market in mid-January for $13.5 million but hasn’t had any takers. She recently lowered the price to $11.9 million. The 1.53 acre estate includes a tennis court, pool with spa, garden, and a gym. A relative steal. Spears bought the 9,000 square foot property for a mere $6.9 million shortly after marrying Kevin Federline in October 2004. The house is located in the gated community of Serra Retreat.

Spears is reportedly anxious to sell the property to pay off Federline in their divorce settlement. The two called it quits in November 2006 and just last week came to an agreement in their divorce. Spears and Federline have recently come to terms with their split and have formed a strong friendship after he stood by her when she ended up in a rehab facility after months of non-stop partying.

Federline proved he was a stand-up kind of guy after he took charge and was a driving force behind Spears getting the help that she obviously needed. He also has been taking care of their kids since she entered the facility. Spears ended up in Promises Treatment Facility in late February and completed a 30-day stint. Spears is looking better than she has in a long time and is reportedly getting ready to make a comeback. She seems to be getting her life back on track after the months of bizarre behavior leading up to her stay at Promises.