While the Board of Supervisors approved the sale for $1,310,000, it appears that the high bidder for the former firehouse at 909 Tennessee will not be following through on the purchase and the building will be put back out for bid.
San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
While the Board of Supervisors approved the sale for $1,310,000, it appears that the high bidder for the former firehouse at 909 Tennessee will not be following through on the purchase and the building will be put back out for bid.
maybe DpgpatchSF, self-identified as the winning bidder in the earlier thread, will come in and enlighten us as to the circumstances.
Whoa, the same person who commented here about it?!
Bummer. DpgpatchSF’s intentions seemed good. I wonder if some defect was revealed during escrow.
Lemme guess, he comes on here, reveals that “in his opinion” the building had some huge structural defects … building goes out for bid again with that new information publicly available, and he gets it for 1/2 price via a shill bidder.
Worth a shot, anyway.
More likely the bank grabbed him by the neck and threw him out.
I wonder if DogPatchSF will drop by and let us know what happened?
The Board of Supervisors have not yet voted to approve the sale.