| | OMG I have friends who live in this lux building One Rincon Hill. Three men (one is real estate broker) stole 3 condos belonging to a fellow real estate broker. Why did they target her? Because she had no loans on the property. Guidelines for transferring property without a loan are more lax. Who knew paying all cash would make you more of a target! |
1 Comment  World Journal interviewed me again but this time it is about the recent mass murder in a San Francisco quiet neighborhood that has shocked the region. This article focused on the housing angle. Translated by Andrew Chin & Kai Lu 33 year old is a real estate expert that frequently appears o Money, realtor and HGTV shows. He says, asians are more superstitious, but lots of mainstream people don't care. some people use the opportunity to buy. Some demolish the building, or rent it out for a few years, wait till the market goes back up. He says " I once has a building, male owner hung himself. A couple came to see, wife says she can't live here, husband says he doesn't mind and wants to buy. After long arguments, husband listened to his wife of course. But this shows some people really care, and some don't mind at all" He explains, California law requires owner to disclose death in the building within 3 years, no matter if it's homicide or natural death. But he says "even if it's over 3 years, we try to let the seller know, the more details you disclose, the less legal battle you get into later" He says, one year ago there's a research that shows, for psychologically impacted houses, the average price goes down 5 to 10%. But for places with large media exposure, and selling it now will be 20% below market. But SF is hard to find a place, price will come back up after several years. He says, California law doesn't restrict selling the house for a duration after someone's death. Every death case is different, and house price may not be affected at all. But during an investigation, lawyers and police needs to enter the house, the house can't be sold, and may take up to a year or more.  look that mug...GUILTY!! Aye carumba! This sneaky snake used religion to lure his Spanish radio listeners into mortgage schemes that totaled over $2M. As a San Francisco pastor & former real estate agent, he offered to help embattled homeowners but in reality put his name on their title or refinanced their house and cashed out! Disgusting! As Maude would say, God'll get you for that!  Dang, they not only ugly on inside, but outside too! Hong Kong is a tiny territory of China renowned as a financial mecca. Famous for its laissez-faire attitude toward capitalism, it's home to many jillionaires...and lots of hardworking regular peeps too. The disparity between the rich & poor is staggering...especially when it comes to housing. The rich developers are in bed with the government, who own massive pieces of land. Do they develop new housing for the masses? No! They sit on it. They manipulate the real estate market by limiting the amount of land/building available to Hong Kong citizens. "The growing rich-poor gap has fueled public anger & fears that property developers have too much influence on the government, which controls all the land in the compact, densely populated city." It's about time this top senior gov't official & 2 billionaire brothers (Raymond & Thomas Kwok) who run Hong Kong's biggest property developer were arrested for suspected corruption!  Murder by HOA! A federal investigation into a Las Vegas HOA corruption scheme has taken the lives of 3 people. Defense attorney was found dead by hanging on Sunday. A construction defect lawyer was found dead in her bathtub. And police officer shot himself to death when his name came up in the scandal. Charges include rigging elections, using "straw buyers" & steering contracts to preferred firms. How scandalous! I guess they don't call it Sin City for nothing... Somebody call Columbo stat!
 Two thugs assaulted me for my iphone today. They attacked, we struggled & they punched me in the face, but I still didn't let go for some odd reason. Police took my statement and didn't sound too optimistic about finding them. After all the adrenaline has settled, I have a headache and my jaw is getting sore. We'll see if there is bruising where they socked me tomorrow. But overall I am fine. I'm a big girl, I will survive. I know it could have been a lot worse. Safety Lessons Learned: 1. Avoid using your fancy phone/labtop in public, makes us prime target. Be aware of your surroundings (so hard since we are so into our smartphones now) 2. Don't sit by any exit door in MUNI/BART/METRO. The robbers wait for door to open, one grabs ur phone, the other blocks you, and they flee out the closing door before u can react 3. Sit in train with security/police officer or conductor in plain sight. 4. Sit in a seat that is ensconced so it is robber hard to get to you, and harder to escape. 5. Be thankful for all (y)our blessings. Be safe out there, my friends! xoxo- Herman |
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