Is COPA half full or half empty?


Did you know that SF supervisors passed legislation to give non-profits the right of first offer and refusal to purchase a multi-unit building? They sure did. It was supposed to go into full effect on June 2, 2019, but it seems there are few kinks to iron out. The Mayor’s Office of Housing and Community … Continue reading Is COPA half full or half empty?

Real Estate Commissions…


(Editor’s Note: The following is reprinted from the Real Estate Bulletin, spring 2012 issue, published by the California Department of Real Estate.) “The California Real Estate Law (Business and Professions Code §10000, et seq.) does not prohibit the sharing of commissions. Before going further, it must be understood that this section and its analysis only … Continue reading Real Estate Commissions…

$8000 First Time Homebuyer Tax Credit: the fine print


We would advise, before you run outside screaming, “I need to buy a house! I need to buy a house! This $8000 won’t last!” Read the fine print, particularly question 9. From the California Association of Realtors Website (verbatim): A.  FIRST-TIME HOMEBUYER TAX CREDIT Q 1.  What, in a nutshell, is the $8,000 tax credit for first-time … Continue reading $8000 First Time Homebuyer Tax Credit: the fine print

Being a Landlord is Such a Drag…


I have to admit, watching the banks, AIG, the automakers, and finally, homeowners get a bail out, I did more than once cry out piteously: “But who the f— will bail out me?” Answer: Chris Daly. I didn’t really ask for this kind of bailout, but Daly’s constituents are largely renters; and hey, so is … Continue reading Being a Landlord is Such a Drag…

Forget Web 2.0, We’re In Recession 2.0 …”Come Back Often”


Recovery.gov: For the things that apply to San Francisco real estate and you, the homeowner, check this page specifically. And since we’re at it, can we get a show of hands for how many of you San Franciscans out there are looking for help under the Making Home Affordable Plan recently enacted by President Obama? … Continue reading Forget Web 2.0, We’re In Recession 2.0 …”Come Back Often”

Adjusting Housing Relief Plans For Bay Area Residents


From SFGate: ‘[Rep. Jackie Speier, D-Hillsborough] drafted an amendment so that rather than being limited to whether the loan was conforming at time of origination, it will be based on (whether it’s conforming at) the time of (modification), which will take the limit up to $729,750 in high-cost areas. This should make more people in … Continue reading Adjusting Housing Relief Plans For Bay Area Residents