Cher Bails On Her Just-Built Home

Updated

Does Cher "Believe" in life after bad real estate moves?

Ask her after Jan. 18. That's when her seven-building Hawaii compound is going on the auction block. She never even lived in it - the property was only just finished this month. See, even celebrities are bailing out of their real estate mistakes. Cher's looking to recoup $8 to $12 million on the sale.

Here are the details:

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