Britney Spears selling home at 3M loss

Singer Britney Spears and boyfriend her Jason Trawick arrive at the 2011 MTV Video Music Awards in Los Angeles in this August 28, 2011. [Photo/Agencies]

Britney Spears is selling her home at a $3.7 million loss.

The 'Hold It Against Me' hitmaker - who lived in the property throughout her public meltdown in 2007 - has relisted the house on the market this week at a value of $2.9 million, a marked difference from the staggering $6.7 million she originally paid for it, Realestalker.com reports.

Being sold by "the conservatorship for Britney Spears", the 7,453 square foot pad in Beverly Hills' exclusive gated community comes complete with five bedrooms and six bathrooms.

Additionally, the Tuscan-style villa features a private swimming pool and spa, maid's quarters and a master suite with his and hers baths.

Listed as a "probate sale", the eventual purchase of the property will have to be approved by the court.

However, Britney may not have to worry about selling her home at a loss, as she has reportedly been offered $10 million to judge the US version of 'The X Factor'.

The singer's fiance and manager Jason Trawick is said to have "been negotiating for some time", with executives for the talent search show.

One source told E! news Britney has been offered the huge sum to appear on the second series of the show - which returns later this year - but she's said to be holding out for $16 million.