A Round Trip (Not Counting Its Grand Renovation) For 161 San Pablo
According to the MLS, the sale of 161 San Pablo closed escrow on 4/1 with a reported contract price of $1,825,000. That’s an official 23 percent over asking! (And it’s…
Transparency (On Multiple Levels) At The Theater Lofts (560 Haight)
Touting “Transparent Mezzanines to inspire thinking and Tranquility” (and a transparent staircase that’s sure to draw a few code related comments), this unidentified Theater Lofts condo at 560 Haight has…
Palms To Palms For 555 4th Street #103
Asking $399,000 in the second release at The Palms (555 4th Street) in 2006, the 475 square foot studio #103 sold for $403,000. Taken back by the bank in December…
Le Grand Notice De Default For Le Petit Trianon (3800 Washington)
As we wrote about 3800 Washington in 2007: Le Petit Trianon (3800 Washington) closed escrow last week. And while the contract price was not disclosed, according to a plugged-in tipster…
Q&A For Obama’s Latest Mortgage Aid Plan Via The AP
“The Obama administration on Friday announced a major reworking of its troubled $75 billion plan to prevent foreclosures. The revamped program is now designed to aid jobless homeowners and people…
Bank Of America’s New Equity Principal Forgiveness Program
Call it anything but altruistic, but Bank of America has announced a new focus on principal forgiveness – versus interest rate reductions – for its portfolio of highest risk loans.…
San Francisco’s Fabled Home ATM In Action? (704 Wisconsin)
Purchased for $540,000 in 1998, the single-family home at 704 Wisconsin was refinanced in 2003 with $765,000 in loans and then again in 2004 for $870,000. This past January, the…
Collateral Damage: 52 Rausch Goes Back To The Bank
A plugged-in tipster reports: Yesterday, 52 Rausch Street was taken back by Redwood Mortgage, which held a $850,000 2nd. It has a senior loan for $2,550,000 to First National Bank…
1817 California Street #2E: The Circle Of (Bubble) Life Continues
The circle of life for 1817 California Street #2E as plugged-in readers outlined in 2008: 9/23/05: Property purchased for $650,000 11/18/05: property listed at $750,000 1/11/06: listing expires 2/08/06: listing…
While The Fed Forgives, California Does Not (For Now)
“When the foreclosure crisis started, Congress passed the Mortgage Forgiveness Debt Relief Act of 2007 so foreclosed homeowners would not be liable for their canceled debt. It is in force…