Looking For An Investment? Buy A Street

The Sullivan Law Office may assist all applicants throughout all steps of the administrative process of determining disability and eligibility for appropriate, related benefits. If you have any questions or concerns about any kind of disability case, including Social Security Disability, long-term disability, short-term disability, state retirement and workers’ compensation, call the Sullivan Law Office today!

Why would anyone want to buy a street?

The San Francisco real estate market is notoriously one of the most expensive in the United States. Most properties listed for sale receive multiple offers and typically sell from 10 to over 30 percent above the listed asking price.

Recently, one couple from San Jose, California attending a property auction purchased a private San Francisco street, Presidio Terrace, for “only” $90,000, sight unseen. The reason? The private neighborhood had not paid taxes on the street for several years due to an error, and also never received notices of the unpaid tax or a notice of the sale.

Presidio Terrace has forty to fifty multi-million dollar homes and a gated and guarded entry. And while there is little need for street parking within the neighborhood itself, there is a much greater need immediately adjacent to the gated entry. The couple is considering charging the residents rent to park on the street, and leasing spaces to non-residents. There are 120 parking spots available so there is substantial money to be made from a parking “concession.”

However, it’s not as easy as it sounds. After requesting a reversal of the sale, the residents of Presidio Terrace have a hearing before the San Francisco Board of Supervisors this October. The purchasing couple is facing extensive litigation and a long legal battle, especially since the residents of Presidio Terrace are wealthy and have the resources to put up a good, long fight that may take months, or even years to resolve.

An experienced disability attorney may help make the necessary and complicated assessment regarding a potential claim for benefits. Did you know that statistically, seventy percent of all SSI and SSDI claims are denied after the first application? Once disability benefits are initially denied, there is not much time to appeal this decision. Take advantage of the legal services offered by the Sullivan Law Office to assist in sorting through the extensive requirements that determine eligibility for disability benefits. The Sullivan Law Office provides assistance in ensuring that all applicants and recipients receive all of the benefits to which they are entitled in all types of disability cases.  Contact the Sullivan Law Office to get the help you need in the Louisville metro area. Call 888-587-0228 or visit us online.Looking For An Investment? Buy A Street

2017-10-19T12:59:43+00:00