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Articles Recently Tagged: Tenant Buyouts

(14 posts)
Tenant Buyouts Are on the Rise in SF as Are the Dollars Involved

Tenant Buyouts Are on the Rise in SF as Are the Dollars Involved

The number of tenants in rent controlled apartments who received a buyout offer to vacate and sought counseling from the San Francisco Tenants Union has increased from 90 in 2007 to 175 in 2013. While the maximum offer reported to the Tenants Union was $80,000, the average offer was... Read More »

Campos Calls For Mayor To Commit To Regulating Tenant Buyouts

With San Francisco’s Board of Supervisors having unanimously approved a resolution to urge State legislators to amend state law and allow the city of San Francisco to penalize landlords for invoking the Ellis Act to evict tenants, next week Supervisor David Campos will ask Mayor Lee to publicly commit... Read More »

Foreclosure, Flip, And Remodel: The Circle Of Life For 1164 Church

Foreclosure, Flip, And Remodel: The Circle Of Life For 1164 Church

Wells Fargo foreclosed upon the two-bedroom Noe Valley home at 1164 Church Street with $1,081,123 then owed, including penalties, on a 2008 era mortgage for $910,000 with no bidders on the courthouse steps in August of 2011. And having accepted $7,500 to voluntarily leave the property prior to eviction... Read More »

Will Wells Profit From This Noe Valley Foreclosure?

Will Wells Profit From This Noe Valley Foreclosure?

With a 2008 era mortgage for $910,000 long past due, last year Wells Fargo foreclosed upon the Noe Valley home of Kathryn Galves at 1164 Church Street. From “Occupy the Auctions” which unsuccessfully lobbied to keep Ms. Galves in the home: Kathryn Galves purchased her lovely home at 1164... Read More »