An information pamphlet from the California High Speed Rail Authority on how the eminent domain process will work for High Cost Rail is circulating around the Peninsula. You can read the piece titled Your Property, Your High Speed Rail here.
It addresses questions like
If it appears that your property will be affected, you may be wondering what will happen. Who will contact you? What will you be paid for your property? Who will pay your moving costs? Will the Rail Authority help you find a new place to live?
as well as the impact on your Prop. 13 cost basis. Of course, the main question is "How much will they pay?"
At the time the offer is made to purchase your property, you may obtain your own appraisal and the Rail Authority will reimburse you up to $5,000 for the actual, reasonable costs of obtaining an independent appraisal. A state licensed appraiser must perform your appraisal.
These will likely be very tricky appraisals subject to all sorts of extraneous factors. Forget "comps"–more like a dart toss. The real discussion around Burlingame is among the homeowners who won't be getting bought out. I've had several people tell me they are delaying home improvement projects due to the uncertainty about the project, the noise, the vibration, the traffic impact, etc.


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