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Local // Bay Area & State. $20,000 home loans for SF teachers find few takers. Photo of Heather Knight. Heather Knight May 28, 2016 Updated:.

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A Bay Area real estate agent was indicted Wednesday on charges of fraud and money laundering after allegedly promising home loans to clients then taking their money.

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The report also revealed that the average rent payment is nearly double the average mortgage payment. of conventional home.