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A Grandmother’s Fight to Keep Her Home — From a Corporation Paying in Cash

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Manage episode 289768016 series 2494494
Content provided by KQED. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by KQED or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

A corporation known for flipping houses in the Bay Area has been buying even more homes at foreclosure auctions during the pandemic. Jocelyn Foreman lives in one of these homes and is now trying to compete with Wedgewood’s bid. She has the help of a new state law, which gives potential homeowners more time to match any bid made at a foreclosure auction. But the law doesn’t include financial help. So what does it take for regular people to compete against all cash bids by corporations?

Guests: Molly Solomon and Erin Baldassari, KQED housing affordability reporters and co-hosts of SOLD OUT: Rethinking Housing in America

Episode transcript here: https://bit.ly/3sbRcs1

Subscribe to The Bay to hear more local Bay Area stories like this one. New episodes are released Monday, Wednesday and Friday at 3 a.m. Find The Bay on Apple Podcasts, Spotify, Stitcher, NPR One or via Alexa.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

891 episodes

Artwork
iconShare
 
Manage episode 289768016 series 2494494
Content provided by KQED. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by KQED or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

A corporation known for flipping houses in the Bay Area has been buying even more homes at foreclosure auctions during the pandemic. Jocelyn Foreman lives in one of these homes and is now trying to compete with Wedgewood’s bid. She has the help of a new state law, which gives potential homeowners more time to match any bid made at a foreclosure auction. But the law doesn’t include financial help. So what does it take for regular people to compete against all cash bids by corporations?

Guests: Molly Solomon and Erin Baldassari, KQED housing affordability reporters and co-hosts of SOLD OUT: Rethinking Housing in America

Episode transcript here: https://bit.ly/3sbRcs1

Subscribe to The Bay to hear more local Bay Area stories like this one. New episodes are released Monday, Wednesday and Friday at 3 a.m. Find The Bay on Apple Podcasts, Spotify, Stitcher, NPR One or via Alexa.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

891 episodes

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