I can’t find anything for alameda county website…
I have 20k of taxes I would like to defer if possible. I’ll call tomorrow.
Got this from an email from state senator Nancy skinner
My wife loves boba. She has at least once every two days so i joke why no open one so that she can save the money she spends
Just curious if you know the friendchise fee your friend pays?
Gongcha is well-know as well. I have heard they charge half a million for the friendchise, not sure if it is real 
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Offer half price…
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I can ask next time I talk to him. We are not that close where we just text you each other randomly .
Thought this happened already… guess not.
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The ship has sailed long ago. Especially for residential rental property here in the Bay and basically all of California, small landlording is too sucky of a business with way too many rules to follow and a ton of risks. Tenants have more rights than property owners.
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I suggest all landlord to have sufficient cash reserve, in case of rent loss, so that they can manage this period.
Primary owners must hold 6-12 months expenses as cash without depending on HELOC.
Cash is the king during recession/distress period.
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Arty fire after the cavalry is there?
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Mortgage Lender Angel Oak Axes 70% of Its Staff
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Firm catering to riskier borrowers cuts almost 200 employees
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Lenders have pulled back from non-QM mortgages amid pandemic
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Jumbo rate is now 1% higher than conforming.
Now that our mortgages are getting screwed I can see bigger fall than my original 5-10% estimate. Surprisingly I still see new listings coming out.
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Wells Fargo is also cutting back:
Wells Fargo Non-Conforming (Jumbo)
The following transactions will be ineligible on all new locks, relocks and renegotiations:
- Cash-out refinances
- Investment properties
- LTV/CLTVs > 80%
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I saw a bunch of listings coming back to market after they went pending for 2-3 weeks. Buyers are backing out of their contracts.
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What’s your guesstimate how much the market will fall?
My lender Summit Mortgage backed out of my stated income loan.
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It’s better to wait and see given all the uncertainty with the economy, job security, and stock market.
Although I wasn’t technically in contract, I was negotiating an off market sfh in Hayward. We were close. The seller wanted 700 and that was my max price. Decided to walk away 2 weeks ago. Stretched too think already and didn’t want to pay my max price in these crazy times.
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2016 prices. About 20% decline from Feb.
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20-50%…If people stop paying rent there is no bottom. Newsom has stopped evictions. Tenants will vote themselves a free lunch. Pressure will be on mortgage companies. This could get real ugly real fast.
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Agree . I say 35%+. All depends how tech will layoff. Most big one will not lay for 3 months. If they started . Expect more than 35.many mortgage now required 2 tech worker to afford it
I think this thing will peak when we start seeing ppl walking and sudden collapse and died. I think those are the time we saw peak in china. We haven’t see or heard cases like that much right now
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Crash and burn the free market. Take capitalism along with it. Create a permanent underclass.
20-50%…If the state stops enforcing the laws, there is no bottom. Newsom has stopped evictions. Tenants will vote themselves a free lunch. Pressure will be on mortgage companies. This could get real ugly real fast.
Fixed it for you.