In the Spirit of Halloween and Election Season, Scary Technology that “Outs” Your Neighbors

Prop 8 is not one that encourages sedate emotion. People are either vehemently for it, or they are just as vehemently against it. The debate between the two camps, heated as it is, often erupts into full out fighting, which we all know from our rhetoric classes is actually the opposite effect civilized, fair debate is supposed to have. The fights themselves can even get violent, as seen in this article about a Bakersfield man who attacked, punched, and kicked a No on 8 proponent (article and disturbing video here). 
 
That’s why I wonder whether the Chronicle’s new technology that allows you to see who in your area has contributed to “yes” or “no” on 8 is a good idea. Here you can type in a city, a zip, or even a name to see who has contributed to which side, as well as the dollar amount contributed. I do see the logic of printing the names of corporations who donate to or against the proposition, as you can retaliate by ceasing to spend your money with those companies whose views differ from your own. But how do you retaliate against an individual person? Punching and kicking? And though candid information about campaign contributions helps us understand the actions of our elected leaders, in this case the revealed data seem akin to publicizing people’s ballots after they’ve voted, when by law our votes are supposed to be secret. 
 
Essentially: I’m happy enough to say I’m voting no on 8; but I’d like the freedom to keep that to myself if some frothing-at-the-mouth Bakersfield psycho is waving a blood spattered YES ON 8 sign in front of my face.

With the Bad Comes the More Bad: Foreclosure Scams on the Rise

Since we’re members of the California Association of Realtors and our goal is to educate the public as much as possible, we thought we’d share this article about how to protect yourself from the recent rise in foreclosure scams.  This article was written by the C.A.R.  All credit goes to them.

 INTRODUCTION

REALTORS® commonly consider the filing of a notice of default as the beginning of the foreclosure process.  However, it may also be the start of something sinister.  The public recording of a notice of default can act as a beacon to unscrupulous people who, under the guise of offering assistance, seek to take advantage of homeowners in distress.  To protect homeowners in foreclosure, California’s foreclosure consultant law strictly regulates the activities of people who perform foreclosure-related services, including real estate agents to a limited extent.

This legal article discusses the issues surrounding foreclosure-related scams, with special attention given to the ways that REALTORS® and their clients can distinguish between legitimate and illegal enterprises.  This article also provides REALTORS® with legal and practical guidelines for complying with the foreclosure consultant law.

II. FORECLOSURE-RELATED SCAMS

Q 1.  What is a foreclosure-related scam?

A  A foreclosure-related scam is a loose term for fraud, deceit, or trickery perpetrated against homeowners facing foreclosure or others involved in the foreclosure process.  With the rise in foreclosures in the mid-2000s, foreclosure-related scams have exploded onto the real estate scene.  Some con artists offer to help homeowners in foreclosure, but in truth, merely intend to dupe the distressed homeowners out of their money or property (see, more specifically, Question 5).  Other scams target real estate agents, investors, buyers, lenders, tenants, or other people involved in the foreclosure process. Continue reading

Que Sera, Sera: One Rincon Hill’s 60th Floor Penthouse Residence ($14M)

We’ve all heard about the latest craze to talk about what buildings aren’t selling what, what price reductions happened where, what incentives are being offered here, and which penthouse condos are selling for what. If you’ve been reading up on your bay area blogs, you’ll likely already know that the entire 60th floor of One Rincon Hill is again available, but not presented as an opportunity to purchase yet another excellent slice of pie in the sky, rather a failure to close contracts due to the recent national recession (half full, half empty).

So, should you only be in the $2+ Million buying range, you could take your pic of one of the four residences on the 60th floor (at least one on the 59th too):

The views from up there are nothing short of extraordinary.

Or, should you be walking around with roughly $14 Million burning a hole in your pocket, you could chop down a few of those walls and take the entire 60th Floor (5900 square feet) all to yourself (okay, maybe you could share with your honey….or us).

Opportunity knocks, and we’re dying to come to the parties. We’re not sure if when you purchase the entire top floor you’d have exclusive access to swim in the seismic water tank on top, but it never hurts to ask.

Love Haight Relationship

By Arrian Binnings:

Heyyy mannn, what’s going on with your investment, mannn?

Haight Money (Look Closely)
Haight Money (Look Closely)

Well let’s find out. We looked at condo sales prices in the nabe (Haight Ashbury) from 1995 to present, capping each year at October 29th. Condos are by and large the most popular property type in the area. We tried the same analysis for single family homes but there just weren’t enough data points to be reliable. So what’s groovin’? Continue reading