I am in foreclosure on my commercial property in San Francisco. I need to stop the foreclosure as…read moresoon as possible. May we speak?
Thank you.
Teresa Camozzi
415 818 3898
Summary:
I am seeking representation from an attorney experienced in insurance litigation, specifically to address a dispute with State Farm Insurance concerning the interpretation of "theft" versus "vandalism" under my property insurance policy.
My tenant caused extensive damage to my building, rendering it unrecognizable. In January 2024, the tenant fled, and I discovered the premises in a condition consistent with severe vandalism and the remnants of an unauthorized cannabis operation. The City issued multiple code violations, including those related to cannabis activity (since abated), the removal of fire alarms, and the tenant Terry Sassenburg's construction of an unpermitted second-floor addition. The property also suffered from pervasive mold, rotting sheetrock, broken skylights, and the installation of highly flammable Styrofoam on the ceilings and walls, among other significant hazards.
Despite maintaining my State Farm insurance policy for over 24 years, my claim for approximately $100,000 in necessary repairs was largely denied. The insurer provided only about $40,000, covering a portion of lost income and limited repairs. As a direct consequence, the accruing City penalties have reached an unmanageable level. The City has denied any appeal of these violations. I contend that had State Farm fulfilled its obligations under the policy, I would not be facing escalating municipal penalties, substantial lost income, or significant deterioration in my health, and I have evidence to that effect.
The property, professionally appraised at $900,000, has been listed for sale since May 2024. Due to its deteriorated condition, the asking price has been reduced from $700,000 to $500,000, yet there has been minimal interest from prospective buyers.
Please advise if you are interested in discussing representation in this matter. I look forward to your response.
Sincerely
TeresaCamozzi
415 818 3898