San Francisco

San Francisco

Saturday, July 2, 2011

Questionable Property Transactions - Owen and Caridad

The Sad Saga of Elder Abuse: 
Prevalence Far Greater Than Perception
by Albert Samaha
examiner.com

"The property records of Walsh’s San Francisco residence also provide interesting inconsistencies. Whenever a property transaction takes place, two names appear on a property report: the buyer and the seller. In 1999, the year Walsh’s wife passed away, the property report shows the house transferring from “Owen and Ann Walsh Co-Trust” to “Owen Walsh.” For five years the property was solely the possession of Owen Walsh. 

Then in October 2004, one month after Walsh was diagnosed with Alzeimer’s, the property shifted once more. This time the seller was listed as “Anne Walsh” and the buyer was listed as “Owen and Anne Walsh Family Trust.” It is unusual to see a seller’s name, in this case Anne Walsh, be different from the name of the previous buyer, in this case, Owen Walsh. According to a real estate expert, for Anne Walsh’s name to be listed as a seller, a family member or attorney would have had to control her estate. However the question becomes: Owen Walsh is still alive-- and still regularly dancing at the Tonga Room at this point-- why wasn’t it he who signed over the property?"
 
 
On June 10, 2011 via an exparte petition signed by Commissioner Sue Kaplan, Blanca Perez from Coldwell Banker was granted the right to sell 2800 Ocean Avenue, Owen Walsh's home.  Earlier today I searched for properties that are for sale in San Francisco and there is no listing for 2800 Ocean Avenue.  In addition, 2800 Ocean Avenue is not one of Blanca Perez's current listings and there is no record of the property being listed for sale or being sold within the last 30 days.  Very strange!