The house where a 75-year-old great-grandmother lived in for nearly 40 years was foreclosed on and she was pushed into the streets with her clothing and the three children she was looking after. Josephine Tolbert vowed to break back into her former home, although the locks were changed. Tolbert ended up in front of her [...]
A 23-room luxury inn in Glen Ellen, the Gaige House has hit the auction block for $8 million. The historic property became victim of the economic downturn in Sonoma County lodging sector, as it went back to its lenders. However, the hotel, which posted a $1.6 million revenue last year remains open while the lenders [...]
A beautiful Victorian home built in 1900 in Lower Pacific Height was listed as a short sale, Socketsite reported. The description says the luxury real estate features 3+ bedroom and 3 bathrooms and it has expansive living space on three levels. Other informations revealed by San Francisco MLS: remodeled kitchen and bathrooms, formal dining room, [...]
A Bayview woman recently grabbed the headlines as she broke back into her foreclosed home. According to an article published by ABC7 the woman now admits that mistakes were made, but she was the victim of predatory lending practices at the height of the housing boom. Her case is one of the thousands of homeowners [...]
After more than 18 months of battle with her lender, Wells Fargo, Berkeley homeowner Tanya Dennis convinced the bank to modify her mortgage. Tanya Dennis, a short, 63-year-old woman started her fight against the lender by breaking into her own house, after Wells Fargo foreclosed on her and Alameda County sheriff deputies evicted her. However, [...]
The San Francisco Redevelopment Agency can expect a $18 million down payment as soon as there will be a winner for the construction of 450 units of mixed-income housing near the Transbay Terminal. The amount can lessen to $15 million if the builder is willing to work out a participation payment plan with the city. [...]
San Francisco recorded a drop in pre-foreclosure activity last Month. According to the latest data published by the San Francisco Association of Realtors in June 576 properties received foreclosure filing. This number dropped to 549 today, 32% of which are in District 10, down from 34% in January but up from 30% in March. However, [...]
Financial distress doesn’t avoid churches. Now the San Jose-Mekane Rama Saint Gabriel Cathedral in San Jose faces hard financial times, as it is threatened with foreclosure The cathedral was established in 1986 by few Ethiopians who wanted to have a place of their own to worship and fulfill spiritual needs and the real estate served [...]
Sunnyvale Town Center went back it Wells Fargo on a public auction August 17, as no one bid on the property except the lender, so it won control on the 36-acre mixed used project with an $108.8 million credit bid. “Based on today’s action, the bank now has legal control of the town center project [...]
The new owner of the historical Lake House is a San Francisco man strongly connected to Waterford. He purchased the real estate at foreclosure auction with hopes to open up a restaurant in the future. “I’m going to open a restaurant,” DeLois said, smiling broadly as neighbors in the National Historic District of Waterford Flats [...]
