Real Estate Advice
Buying or Selling a Home During the Covid-19 Crisis BY PETE SABINE such as a buyer’s or seller’s inability to travel From time to time, to sign documents, closings of or delays in “black swan events” related government and business services, overtake the ability of including delays by or closing of lenders, parties in a real estate title/escrow, county assessor/recorder, or transaction to allocate otherwise, the parties to the real estate the risk of nonperformtransaction should consider incorporating ance. Such events are often addressed by a these provisions as a part of the purchase “force majeure” clause that allows a party to agreement: suspend or terminate performance when 1. In the event a delay occurs that affects the Close of Escrow date due to any reason circumstances that the parties could not related to COVID-19, Buyer and Seller shall have anticipated or are beyond their control agree to extend the Close of Escrow date make performance of the contract impossiup to ___ days towithout allow additional time for ble or impracticable. Sell your home faster, at a higher price, spending your Coronavirus money upfront on improvements and repairs either party to perform. The current global 2. In the event a delay occurs that affects (COVID-19) pandemic has the potential for a contingency removal and/or contractual unprecedented impacts on real estate transThe hassle-free way to sell your home faster and for a higher price. obligation by either party due to any reason actions, including travel restrictions, shelterCompass Concierge helps you maximize the value of your home with related to COVID-19, Buyer and Seller shall in-place government required isolation, and repairs, cosmetic updating home improvement including staging, agree to extend the contingency removal closure of both government andservices private ofdate and/or contractual obligationservices date up fices required to fund, close, and record real improvments and more! +100 home improvement to ___ days to allow additional time for eiestate transactions. In the event compliance with purchase ther party to perform. agreement contingencies, contractual ob3. The Loan Contingency shall remain in efDiscover the Concierge Capital home improvement loan... ligations, or the close of escrow is not posfect until the lender delivers loan funds to APR, with no loan Escrow. fees or interest charges sible or practical as0% a result of unforeseen circumstances related the COVID-19, * This protects the buyer the event the Go totowww.ConciergeCapitalLoan.com forindetails Pete Sabine
Leslie Whitney
Call or text 925.297.5335
Call or text 510.388.5794
Pete@FiveStarRealEstatePro.com
Leslie.Whitney@Compass.com
License #00889760
License #01950037
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Complimentary Staging Consultation • Professional staging proposal • Recommendations to transform your home into a showplace • Custom Home Sale Preparation plan for your home •
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buyer incurs a loss of income or employment during the transaction escrow. 4. Regarding Closing and Possession, Seller reserves the right to rent back the property from Buyer up to ___ days from Close of Escrow. Seller shall deliver to Buyer a written notice to exercise rent back option and specify the Occupancy date no later than ___ days prior to Close of Escrow.
* This allows the seller to adjust timing to vacate the property, confirm moving arrangements, and prevent additional costs for interim housing before moving to their new home. Pete Sabine. Call or Text 925.297.5335 Pete@FiveStarRealEstatePro.com Compass. License #00889760 SPONSORED CONTENT
From the Contra Costa County Historical Society
A History Note A Place Called Wonderland BY MARJORIE NEWTON Once upon a time, there was a place called Wonderland that was designed for the delight of children. Over the entrance was a sign that read: “Into This Royal Playground Pass Only Happy People, Big and Little.” The tiny empire was ruled over by King Norman. Wonderland was located in the Park and Shop in Concord. Construction of this strip mall began in 1955, formally opened for business in 1957, and was completed in 1959. Among the original 18 tenants were Grant’s, Woolworth’s, J.C. Penney’s, and Kahn’s department stores. King Norman’s Wonderland and toy store was at the eastern end of the Park and Shop. Children could choose to ride on the merry-go-round, drive miniature cars, or go on the Ferris wheel or train. Many children celebrated their birthdays there during the 10 years it was in operation. The only original business that remains today is Chick’s Donuts. King Norman, born Norman Rosenberg in Chicago in 1918, was a naval officer stationed in San Francisco during World War II. On a blind date he met Doris Brodofsky, who became his wife of more than 60 years. Their business, which began in Richmond in the early 1950s, grew to 21 stores throughout the Bay Area. King Norman and Doris, known as Page Joy, could be seen on Saturday mornings on KGO-TV. To see what Wonderland looked like in 1956, go to You Tube to watch a video, at www.youtube.
com/watch?v=1FeJo-WxhAM. Eventually, the Rosenbergs sold their business. In 1965, Park and Shop expanded, adding new stores in place of where Wonderland once stood. But that was not the end of the story. After a time in Oakland, the rides returned to Concord in 1970, no longer in Wonderland but now in Pixie Playland. Pixie Playland is located at 2740 East Olivera Road in Concord. The owner of the equipment retired in 1989 and sold the rides to the City of Concord. Additional rides were added in 1995. Children continue to celebrate birthdays in the park and enjoy the rides that once brought happiness to their parents and grandparents. “A History Note” is presented by the Contra Costa County History Center, 724 Escobar St., Martinez, using materials from the society’s collections. Open hours: Tuesdays, Wednesdays, & Thursdays, from 9-4, and the first and third Saturdays, from 10-2. Check out www. cocohistory.org.
