Thereâs this mansion in Beverly Hills that a large part of the worldâs population has already seen, even though they might not realize it.
Itâs a historic house thatâs been used in endless Hollywood movies, TV series, and music videos. After you finish reading this article, you might just realize that youâve seen this house before, too. Well, now you will also know its history, and when you see it again on your TV screen (and more than likely, you will), youâll recognize it.
The place weâre referring to is known as Greystone Mansion or Doheny Mansion, and itâs located at 905 Loma Vista Drive in Beverly Hills. The Tudor Revival mansion was originally completed in 1928, after three yearsâ worth of construction and a total cost of over $4 million — an insane amount at the time.Â
The inception of Doheny Mansion
The 55-room, 46,000-square-foot mansion lies on a 16-acre site within Trousdale Estates. It was designed by architect Gordon Kaufmann and built by the P.J. Walker Company. The land was actually a wedding gift from oil tycoon Edward Doheny to his son, Edward âNedâ Doheny, and his new wife, Lucy Smith.
Edward Doheny was an American oil tycoon who drilled the first oil well in Los Angeles in 1892. His story was depicted in the Academy Award-winning movie There Will Be Blood, starring Daniel Day-Lewis. Interestingly enough, the movie was actually filmed at Doheny Mansion.
Ned Dohenyâs house became known as Greystone because it was built mainly of stone, and has a grey, stone-cold appearance. The house took roughly three years to build, and included stables, kennels, tennis courts, a gatehouse, a swimming pool and pavilion, a lake with babbling brooks and waterfalls, and even a fire station.
A bittersweet move-in for the Dohenys
Unfortunately, Ned Doheny didnât get to enjoy his new home for too long. Just four months after moving into Greystone Mansion, Doheny was found dead in the house, alongside his secretary and friend, Hugh Plunkett. The case was ruled a murder-suicide, however, some claim that thereâs more to that story.
Doheny was killed by his own gun, and he was not buried with the rest of his family, but in a different cemetery, just a few yards away from where Plunkett was laid to rest. This has led some to believe that Doheny might have committed suicide, however, this is just a theory that certainly adds a bit of mystery to Greystone Mansion.
Following Ned Dohenyâs death, his wife Lucy remarried and lived in the house with her children until 1955. Greystone Mansion was later sold to Paul Trousdale, the developer of Trousdale Estates, who then sold it to Henry Crown of Chicago. The businessman never actually lived in the house, but leased it out to film studios — and thatâs how Greystoneâs prolific movie career started.Â
Greystone Mansion, Hollywood’s favorite filming location
Over the decades, Greystone Mansion has been featured in numerous Hollywood movies and TV series, including classics like The Big Lebowski, Eraserhead, The Witches of Eastwick, Death Becomes Her, Batman & Robin, The Bodyguard, Dark Shadows, The Prestige, The Social Network, and X-Men.
The mansion has also made appearances in TV series, including Alias and The Young and the Restless, and it also played the part of Chilton Academy in Gilmore Girls.
Last but not least, Greystone Mansion has been featured in commercials and even music videos. You might have already toured the house alongside Robert Downey Jr., in the music video for Elton Johnâs single I Want Love. Let us refresh your memory:
In 1965, the City of Beverly Hills purchased Greystone Mansion, and a few years later, the property became a public city park. It was added to the National Register of Historic Places in 1976, as Doheny Estate/Greystone.
The mansion continues to be used as a filming location and a destination for special events such as music festivals, fundraisers, and even weddings. Greystone Mansion houses the Beverly Hills Flower & Garden Festival, the yearly Catskills West drama camp, and The Annual Hollywood Ball, among others.
A carefully preserved slice of L.A. history
Greystone Mansion is a remarkable feat of architecture, and most of its original features have been carefully preserved over the years. The property features hand-carved oak banisters, balustrades and rafters, seven chimneys, each designed by a different artist, a movie theater room, a billiard room, a hidden bar, and a two-lane original Brunswick bowling alley. The alley was renovated so that it could be used by the filming crew for There Will Be Blood.Â
Thereâs a grand hall with distinctive, black-and-white marble floors and a very famous staircase. In fact, the staircase at Greystone Mansion has been featured in numerous productions, due to its majestic appearance.
Greystone Mansion also included a servantâs quarters that took up two entire floors on the east wing and was built to accommodate a live-in staff of 15.
There was also a living room with a balcony where musicians performed at special events, and a kitchen pantry with a secret wall safe that held the familyâs silver and gold kitchenware.
This stunning, stone-clad Beverly Hills mansion continues to attract filming crews, and weâre definitely going to be seeing it again on the big screen. At the same time, its beautiful, lush gardens and its rich history will continue to attract visitors from around the world.
Here’s a further glimpse into the mansion’s history, to keep you occupied until you get a chance to visit in person:
Featured image courtesy of The City of Beverly Hills
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The post Greystone Mansion: the Most Familiar House You’ve Never Visited appeared first on Fancy Pants Homes.
Bankruptcy is not the end of the world. In fact, while it is more difficult to acquire loans and credit cards, itâs not impossible. In this guide, weâll show you how you can get short-term loans and long-term loans even after you have filed for bankruptcy.
Whether you have debt to repay, bills to cover or credit to build, you can get back on track with a personal loan, even if you have recently filed for bankruptcy.
Challenges in Getting a Personal Loan After Bankruptcy
You will face a few issues when applying for an unsecured personal loan after bankruptcy. Firstly, lenders will insist that you wait a while before you apply. The exact timeframe will depend on the individual lender and the type of loan, but generally, youâll need to give it at least 2 years.
Your credit score is also important. Bankruptcy can reduce your credit score by over 200 points, and it can do all kinds of major damage before you file. Loan companies are not interested in lending to individuals with poor credit scores and recent bankruptcy filings. This is especially true if they filed for Chapter 7, in which case all debts were discharged.
It makes senseâcreditors base their activity on statistics and probability. If you have a recent filing and a terrible credit score, statistically youâre much less likely to meet your monthly repayments.
Some lenders will be more willing to take a risk on the basis that an individual who has recently filed is unable to file again for another few years. However, in these cases, they are still taking a massive risk and to offset that they will offer you massive rates.
Whatâs more, while it seems like they are doing you a favor by taking a chance when no one else will, theyâre actually just taking advantage of your desperation, offering you an unsecured loan when youâre more willing to accept.
Most Common Challenges and How to Overcome
The biggest issue you have when applying for personal loans after bankruptcy concerns your credit score. Your score will likely be very low, and many lenders refuse to offer low-rate loans to consumers with scores less than 660. If you have a score of 550 or less, you may still be offered a loan, but the rates will be high.
The good news is that things get easier with time. A bankruptcy discharge essentially wipes your slate clean, eliminating your monthly payments. This leaves you with more money in your pocket, which means you should have less need for an unsecured personal loan.
If you need a car, try a car loan instead. The fact that it is secured against the vehicle should ensure you receive better rates, even with a low credit score. If you simply need to build your credit score, try a secured credit card instead. Providing you meet your monthly payments on this secured card, youâll get your security deposit back and your credit score will improve, as lenders report all activity to the credit bureaus.
How Bankruptcy Affects Your Ability to Get a Personal Loan
A bankruptcy can remain on your credit report for 10 years and do some serious damage to your credit score in that time. The effects will diminish with each passing year and in the final few years, you shouldnât have any issues whatsoever. However, it will take a few years before your credit score improves to a point where you donât need to limit yourself to high-rate loans.
Your credit score isnât the only issue, either. Many home, car, and personal loan lenders refuse all applicants who have filed for bankruptcy within a fixed period of time, often between 2 and 3 years. If you need a loan during this time then your options are limited, to say the least. You will be forced to choose one of the following options for unsecured credit:
- Bad Credit Car Loans: These loans offer respectable sums and terms, but they have high-interest rates, and these may increase if you donât meet your monthly payment obligations.
- Payday Loans: High-rate and low-limit loans offered over a short period. The idea is that you take the loan when youâre struggling to make ends meet and need some assistance before payday. These loans are not as bad as they once were due to restrictions and regulations, but they are still not ideal. They are also illegal in nearly half of all US states.
- Unsecured Credit Cards: You can also get a revolving line of credit with an unsecured credit card. However, as with bad credit loans, these have high-interest rates and very poor terms.
To trick you into paying a higher APR, lenders wonât always advertise their rates and will instead charge a fixed sum every month. This can be the equivalent of an APR over 20%, much higher than the average, which is around 16%.
Best Installment Loans After Bankruptcy
Before applying for a personal loan, take a close look at your finances. Calculate your debt-to-income ratio, and make sure you can comfortably afford the payments. If you have recently filed for bankruptcy, you canât apply again for several years which means youâve lost your get-out clause and canât afford to fall behind on your payments.
If you struggle to meet your payments, lenders may still offer a repayment plan and financial hardship programs. However, if youâve already been through debt issues then your options decrease and they may be less willing to lend a helping hand.
Only when youâre absolutely confident in your financial situation and your ability to repay should you seek to acquire additional debt.
Here are a few providers and options that can help:
- Upstart: Accepts credit scores as low as 580 with APRs as high as 36%.
- Lending Club: You need a credit score of at least 600 to apply.
- OneMain Financial: There is no minimum credit score and monthly payments begin at just over $200.
- Lending Point: A minimum credit score of 585 is needed for loans of between $2,000 and $30,000.
- Avant: Get up to $35,000 with an APR ranging from around 10% to 36%.
What Happens if you Get Refused?
If you get refused for a personal loan because you have a poor credit card or have recently filed for bankruptcy, there are a few options:
Patience is the best policy in this situation. It doesnât matter how bleak things seem right now, they will improve in time. The longer you wait, the older your accounts will become, the more your payment history will improve (assuming you have active accounts) and the further away that bankruptcy filing will be.
If you donât have any active accounts, waiting can still help, but you should also look into acquiring a credit card with a security deposit, which can greatly improve your credit score in just a few months
A credit builder loan can also help, as can lending circles. These options are easy to apply for and donât require stringent checks, great credit or a clean bankruptcy history. But before you get excited, they donât give you cash sums in advance and are designed purely to help you rebuild your credit.
Appeal to the Lender
Bigger lenders use a long list of criteria to determine which applicants to accept and which ones to reject. No amount of begging or explaining will change their minds and if youâre rejected, you just need to move on, improve your score, and try again in the future.
However, if a smaller lender rejects you because of your recent bankruptcy filing, itâs worth contacting them to explain your situation. Explain how you have turned things around, show them proof if you have it, and ask them what would be required of you for them to accept. You might not get them to change their minds, but it should give you some valuable insight into their process.
Look for a Co-signer
A co-signer with a strong credit history can back you for a personal loan. However, itâs a very sensitive area and a huge favor to ask of anyone, even someone who loves you.
If you stop meeting those payments the co-signer will become responsible for them, putting their credit in jeopardy. Choose carefully, donât place anyone in an awkward position, never assume they should help you just because you need help, and always make your monthly payments so they are never required to cover for you.
Seek Other Options
There are other creditors, other loans, and other optionsâtry a credit card, borrow from a friend or family member, sell an asset, use a pawn shop. We live in a credit hungry society and there are more options than anywhere else. Use these to your advantage and donât get stuck chasing the same loan.
Personal Loans After Bankruptcy is a post from Pocket Your Dollars.
A four-bedroom townhouse with park views and tons of charm has recently hit the market, and we’re dying to tell you all about it. The listing, brought to market by Compass’ Michael J. Franco, is right next to Prospect Park, Brooklynâs second largest park, and has plenty of outdoor space (and a rooftop deck to boot).
The townhouse sits in one of Brooklynâs trendiest, most desirable neighborhoods — Park Slope — with its leafy streets lined with brick and brownstone townhouses, many of which were built near the turn of the 20th century and have been lovingly updated over the decades by young families migrating from Manhattan. Much like its neighboring properties, the 2,600-square-foot townhome at 15 Prospect Park was originally built more than a century ago in 1915 and retains its old-world charm — but has been carefully updated to meet modern standards of living.
With 4 bedrooms, 3.5 baths, a generously sized living room, and a finished basement, the Brooklyn townhouse also comes with a few rare features for a New York home: ample outdoor space and private parking (that includes a private garage and its own driveway).
The layout is split on three levels, with the first floor housing a large living room and open dining room — both with distinctive pre-war features like classic moldings and arches — and a renovated kitchen that opens up to a lovely terrace.
The second floor is home to 3 bedrooms and a sizeable landing which is perfect for either a library or a home office, while the third floor is dedicated to the primary bedroom suite and its massive walk-in closet, renovated bath with skylights and soaring ceilings, with a separate sitting area/den. The third level also provides access to the townhouse’s own rooftop deck, which adds more outdoor space and looks like a perfect place to entertain guests.
The property is listed for $4,400,000 with Compass associate real estate broker Michael J. Franco.
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The post Newly Renovated, 1915-Built Townhouse in Park Slope Asks $4.4 Million appeared first on Fancy Pants Homes.
There are times in life when you just need a little extra cash, and a personal loan can fit the bill. Perhaps, youâve sprung a leak in the home or need to consolidate mounting debt. Your childâs tuition assistance may not have come through yet, or perhaps you need an extra boost to get through […]
The post The Best $20K Loans Options appeared first on The Simple Dollar.