We use cookies in order to save your preferences so we can provide a feature-rich, personalized website experience. We also use functionality from third-party vendors who may add additional cookies of their own (e.g. Analytics, Maps, Chat, etc). Read more about cookies in our Privacy Policy and Terms of Service. If you do not accept our use of Cookies, please do not use the website.

  • 415.596.9362

Clients are Saying

Lorraine is assertive and direct... Lorraine is patient and persevering.

My husband and I met Lorraine while she was diligently selling a home near our Ingleside rental.  

Unlike other realtors, who wouldn't give us the time of day once I mentioned I was a USMC Veteran looking to use my housing benefits to purchase a home for the first time in San Francisco, Lorraine didn't hesitate to take us on as clients.  

Lorraine is assertive and direct.  She ensured that I was able to use my Veteran's benefits even when the sellers of the property tried to steer us into the hands of a traditional lending option. 

Lorraine is patient and persevering.  She worked with my husband and I for 6, seemingly long months while we navigated through the oodles of government paperwork to finally purchase our new home.

We're grateful to Lorraine for taking the time, effort and having the wherewithal to be our advocate and friend while still maintaining a professional relationship with us.

Keep up the great work, Lorraine!  We appreciate you.

Lorraine's Blog
When did withholding start for California residents?
The withholding law applies to dispositions of California real estate by both residents and non-residents which close on and after January 1, 2003. Previously, withholding was only required of non-resident sellers.

Why was this withholding law enacted?
As part of attempting to balance the state budget, this withholding provision was added to legislation on the last day of the Legislative session in 2002. It was estimated to accelerate collection of $285 million in additional state revenue.

Who is responsible for withholding?
The law requires the buyer (called the transferee) to withhold from what would otherwise be paid to the seller.

What unit at the Franchise Tax Board handles the withholding?
The Withholding Services and Compliance Section handles the withholding. Phone number is (888) 792-4900 and information can be found on their website at: 1016.pdf

You may check the ...