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Beringia

(5,075 posts)
1. Moms 4 Housing is going to purchase the house that was occupied
Tue Jan 21, 2020, 11:14 AM
Jan 2020



https://www.ktvu.com/news/moms-4-housing-group-to-buy-oakland-home-they-illegally-occupied

OAKLAND, Calif. - After an acrimonious public battle over a small home in West Oakland that was illegally occupied by four homeless mothers, the group known as Moms 4 Housing on Monday announced an agreement with Wedgewood to buy the Magnolia Street property.

Sam Singer, a spokesman for Wedgewood, confirmed that the sale is taking place. The price of the home has not yet been negotiated. But Singer said the home was purchased by Wedgewood for $501,078 on July 31, 2019. The sale price won't exceed the appraised price, the parties said, and the agreement is with the Oakland Community Land Trust, a nonprofit partially funded by the city.

And by all accounts, the deal isn't done, rather the negotiations have been verbal and in good faith.

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