Brittany Murphy's Home Auction Put on Hold

Posted Monday January 31, 2011 5:58 PM GMT

Looking to sell off her daughter’s former mansion before it goes to auction, Sharon Murphy is in the process of trying to find a buyer for late actress Brittany Murphy's Hollywood Hills home.

The abode currently has a first mortgage of just over $4 million, and second mortgage for about $500,000, while lined up to be auctioned today - but that has been delayed until February 14th at the bank's request.

The house had previously been put on the market in March 2010 - shortly after Brittany died - with an asking price of $7.5 million, but was taken off the market a month later.

Spokesman Roger Neal said that Murphy has been quietly working with a lawyer and realtor to find new buyers and added that it is a regular sale, not a short sale, and that it is hoped to be done in normal fashion.

If Sharon can't find a buyer, she'll have to settle for whatever's left over after the bank tries to pawn off the property come Valentine's Day.