First! (Individual TIC Unit In San Francisco To Return Bank-Owned)
It’s a three-bedroom and two-bath Alamo Square Tenancy In Common (TIC) unit which was purchased for $710,000 in June 2006. Back on the market and listed for $598,000, and assuming…
A Spinning Sign Of The Times
Listed and sold for $699,000 back in 2006 when the Lansing’s sign spinner was holding court on the corner of first (and perhaps could have qualified for the loan), this…
Castro Garden Condo Foreclosure Q&A
The reader’s question: What happened to the small two-bedroom condo at 3919 21st Street which was purchased for $645,000 in December 2006, returned to the market asking $669,000 in early…
Pacific Heights For 50 Percent Below 2006 Expectations And Debt
As we wrote about 2523 Steiner back in 2007: After 138 days on the market, and three price reductions (now $505,000 or 15% below its original list price ), 2523…
A Bank-Owned BMR (No, Not BMW) In Pacific Heights
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 limiting its future resale value and…
The Bank’s 330 Banks Returns 29 Percent Below Its 2005 Price
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…
CoreLogic Claims NAR Overstates Sales And Understates 2010 Decline
The summary of CoreLogic’s February 2011 U.S. Housing and Mortgage Trends report: In 2010, home sales declined to the lowest level since the collapse in the housing market. The CoreLogic…
Candlestick Point Woes Continue For More Than Cohen
While the Candlestick Point condo San Francisco Supervisor Malia Cohen lost to foreclosure remains listed for sale at $314,900 (having been purchased by Cohen for $518,178 in 2006), it’s a…
San Francisco Supervisor Cohen Walks Away From Underwater Condo
Speaking of the myriad of San Francisco buyers who bought with no money down: Supervisor Malia Cohen has joined the ranks of the foreclosed, having lost her $581,178 condo to…
Listing Irony For 85 Caine: “Cash Only, Bank Might Not Finance”
In April 2006 the four bedroom Ingleside home at 85 Caine Avenue was purchased for $675,000, a purchase which was refinanced in November 2007 with two loans totaling $693,000 in…