Loan Modification Attorneys Under Investigation

The State Bar of California has recently launched numerous investigations against attorneys for misconduct related to loan modifications. In a rare move, the State Bar has released the names of 16 attorneys under investigation, by opting to waive investigation confidentiality in favor of public protection. These attorneys have allegedly taken fees for promised services, but failed to perform those services or even communicate with their clients who face the possible loss of their homes. Their non-attorney staff may also be

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Bong Su on the Auction Block

Well, technically it’s not being ‘auctioned’ off – but it is for sale, minimum bid $50,000 (and a base annual rent, not for the amateur restaurateur, at $227,160 through 2020). To this day, Bong Su remains one of my favorite Soma restaurants – albeit a delicious memory now. Great food, on par with Slanted Door, easy to get in – obviously part of the problem – fantastic decor. Ok it was on 3rd Street but I for one miss it

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A Years Worth of Solds vs Expired Listings

The following charts show the number of listings that expired (purple) to the number of Solds (green) for the past 12 month period. The spike in both Single Family Homes and Condos expired is for December 2008. In the Single Family Home market for every 10 sales there are 4 expired; for Condominiums there are 9 listings that expire to every 10 sold.

Real Estate Owned, Short Sales and San Francisco

Foreclosure Sale (REO): a foreclosure/REO sale is the sale of a home by the financial institution which foreclosed upon it. (The term “REO” refers to the bank department “Real Estate Owned”.) Short Sale: a sale in which the existing property loans, other monetary liens and costs of sale exceed the sale price – i.e. the owner owes more than the property is worth. In a short sale, the lien holders—typically the bank(s)—have to agree to a reduced payoff for the

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Ever Wondered where all the Farmer’s Markets Are?

Alemany 100 Alemany Boulevard Year Round: Saturdays: Dawn to dusk, rain or shine Bayview Hunters Point 3rd Street at Galvez Mid-May to mid-November Wednesdays: 8:30am to 12:00pm Castro Noe at Market April 29, 2009 to October 28, 2009 Wednesdays: 4:00pm to 8:00 pm Crocker Galleria 50 Post at Montgomery Year Round: Thursdays: 11:00am to 3:00pm Divisadero Grove at Divisadero Year Round Sundays: 10:00am to 2:00pm Ferry Plaza 1 Ferry Plaza (Embaradero) Year Round Tuesdays: 10:00am to 2:00pm Thursdays: 10:00am to

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