Britney fails to sell Los Angeles home

Washington, (ANI): Britney Spears has been forced to drop the price of her Los Angeles home after it failed to sell. The 'Toxic' hitmaker bought the Beverly Hills residence for 7.1 million dollars in 2007 but was put on sale last September (08), reports Contactmusic.

However, Britney hasn't been able to sell the luxury villa and has now been forced to lower the price. She has wiped 800,000 dollars off the 7.9 million dollar price tag in a bid to attract buyers. The property is now up for sale for 6.5 million dollars - a potential loss of 600,000 dollars.