It sounds like at the end of the term, the loan is callable, and based on the performance and what the market looks like, can be refinanced or will have to be sold or paid in full.

He informed me they were recently sold for 1.8m.

Any real estate agent on your mls can look up the historical performance of multi family units in Oakland and tell you which agents are selling a lot of them or agents who have sold them near you.

If you sold at a 7 cap with 105,000 NOI that is about 1,500,000 evaluation taking away closing costs and commissions about 1.4 and then take away maybe 75k for renovations leaves 1,325,000 so about 225k gross profit.

He disagreed, wrote a detailed report and recommended action, it cleared inspections, sold fast, and was guaranteed against future movement for $14,000 less than the other companies said. 

There are some allowances and tools, like single-premium immediate annuities to hang on to more of the money for your mom. 

Across the state, 100,227 homes were sold in the second quarter, up 2.8 percent over the year.

I would definitely use the calculators under "Tools" here on PB.Very useful!

I contact the broker, who is different from when the agreement was made, and she says that the Referral Agreement terminates with the listing agent and since it wasn't the original agent that sold the property, I'm not due any money. 

Nobody was going after the Chinese when they were being sold crap houses in suburbia in the late 90s-early 2000s.