Apr 07
20152
commentsIn Real Estate Agent, Real Estate Buyers, Real Estate Sellers, San Francisco Real Estate
When bad things happen in a real estate transaction Part 2
San Francisco Real Estate involves a lot of money which can cause real estate clients to react in unpredictable ways.
REAL LIFE STORY (Names have been changed)
Lucy approached me a few years ago in Yoga Class asking for some real estate advice. She had just bought a house which she and her husband, who was a contractor, were going to develop. She wanted to know if I felt she got a good deal. The house was on the border of Noe Valley, was on a double lot and had a spectacular unobstructed view. It was one-of-a-kind San Francisco property and I told her so. It was a bit of a stretch for them to buy, but they had a lot of equity in their current home which they would sell as soon as this project was done. After that initial conversation Lucy and I started conversing a lot after class and became close. She would periodically update me on the progress of her development project and whenever I could help with real estate advice I gave it freely.