Towse: views from the hill

June 26, 2007

S.F. condo rules snarl FBI agent’s plans

Filed under: news,real estate,San Francisco — Towse @ 1:03 am

S.F. condo rules snarl FBI agent’s plans
by Adam Martin, The Examiner

The buyer is suing everyone involved, it seems. Who do you think is at fault here?

  • The brother of the deceased owner, who sold the place at market price when it was a restricted Below Market unit? [maybe he didn't know]
  • The buyer (an attorney) for not checking the title report that showed the restriction? [maybe she lets her "people" deal with the details when it's not a court case]
  • The real estate folks on both the seller and buyer side who didn’t check into whether the unit was a Below Market unit? [anything to do with the commission being based on sale price?]
  • The appraiser who didn’t check whether there were Below Market restrictions and appraised it at market price?
  • The butcher?
  • The baker?
  • The candlestick maker?

The comments tail is a doozie.

[via Curbed SF]

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