Foreclosure Flaws Uncovered In San Francisco
From the New York Times with respect to the results of an audit commissioned by San Francisco assessor-recorder Phil Ting that reviewed roughly 400 foreclosures that occurred in San Francisco…
That Flippin’ Market Crash And 611 Laguna Honda Hang Makeover
Purchased for $1,300,000 in 2007 as the 2,142 square foot home pictured above, 611 Laguna Honda Boulevard was remodeled, expanded, and returned to the market with a new façade and…
Demanding Validation And Disputing One’s Own 2008 Era Debt
In September 2009, a notice of default was filed on the $671,995 first mortgage employed to purchase 425 First Street #1307 for $830,000 in February 2008. At the time of…
Unhappy Holidays “In The Heart Of Pacific Heights”
Purchased for $910,000 in September 2006 with 20 percent down and a $728,000 loan, the buyer of 2142 Franklin was $41,636 past due on payments by the end of 2010.…
Cow Hollow Infill And Ongoing Intrigue On Green
In 2007 the 6,800 square foot Cow Hollow home at 2151 Green Street sold for $9,000,000 which included the undeveloped lot at 2157 Green Street next door. Following a lot…
Five Years Of “Free” Foreclosure Living At 333 First Nears An End
Purchased for $739,000 in August 2006 with a listing that touted a 4% bounty commission to be paid to the buyer’s agent versus the standard 2.5% in San Francisco, and…
Hopefully No One Banked On This Bernal Comp Back In 2005
As we wrote about 330 Banks up in Bernal back in January 2008: On the market without finding a buyer at $649,000 last fall, 330 Banks is back on the…
Local Lenders Take Note
As we first reported in February: 2760 Sacramento #6 is a Below Market Rate (BMR) one-bedroom condo in Pacific heights which was purchased for $211,500 in February 2003 with restrictions…
San Francisco Housing P/E Ratio History And Three Year Drop
To repeat what we first wrote in January 2008: There’s no doubt Bay Area average rents are up. And while we wouldn’t be surprised to see another 10-15% increase in…
228-240 Post Scheduled For A Less High-Profile Sale
From the press release when the Festival Retail Fund acquired the four-story building at 228-240 Post between Grant and Stockton for $70 million in July 2007: “A combination of strong…