Articles Recently Tagged: Foreclosure Auctions

(41 posts)
Ironically Dubbed “Sequoia House” On The Market For $2.6M

Ironically Dubbed “Sequoia House” On The Market For $2.6M

Purchased as a half-finished project for $951,000 in cash on the courthouse steps in early 2014, the Upper Market home at 3066 Market Street has just returned to the market in a fully-finished state and listed for $2,595,000 ($1,040 per square foot). While Maven Investments was planning to chop... Read More »

611 Tax-Defaulted Properties In San Francisco Facing Public Auction

611 Tax-Defaulted Properties In San Francisco Facing Public Auction

While mostly timeshares but including houses, condos and undeveloped parcels of land, including the Telegraph Hill parcel facing the Filbert Street steps outlined above, there are currently over 600 properties in San Francisco which have been in a tax-defaulted state for over five years and which the City’s Tax... Read More »

Foreclosures In San Francisco Peaked In 2012, Set To Fall In 2013

Over 500 properties were foreclosed upon in San Francisco over the past year, up 27 percent from 2011 and 10 percent higher than in 2010, the previous high-water mark for homes being taken back by the bank. By our counts, roughly 41 percent of San Francisco foreclosures occurred in... Read More »

It’s Time To Acquire A New Garage Up In Pacific Heights

It’s Time To Acquire A New Garage Up In Pacific Heights

Once again, previous owners of the Pacific Heights home at 1945 Franklin Street have included Nicholas Cage and Patricia Arquette. And as plugged-in people know, the infamous Excalibur with “ACQUIRE” license plates currently resides in the garage. As we reported when 1945 Franklin was scheduled to be un-acquired on... Read More »

Calling All Billionaires Looking To Build Something Big On Broadway

Calling All Billionaires Looking To Build Something Big On Broadway

As we first reported in August, the development plans for the verdant vacant lot at 1000 Broadway were recently dusted off having lain relatively dormant for the past six years. While the construction of three new buildings averaging over 5,000 square feet a piece upon the parcel was first... Read More »

On The Verge Of Being Un-Acquired.  Again.

On The Verge Of Being Un-Acquired. Again.

Previous owners of the Pacific Heights home at 1945 Franklin Street have included Nicholas Cage, Howard Grossman, and Patricia Arquette. And as plugged-in people know, the infamous Excalibur with “ACQUIRE” license plates currently resides in the garage. As we reported when 1945 Franklin was scheduled to be un-acquired on... Read More »

San Francisco Foreclosure Trends And 2011 Retrospective

Pre-foreclosure activity in San Francisco has ticked up from 549 properties in the pipeline in August to 611 today, 39 percent of which are in District 10*. On a year-over-year basis, pre-foreclosure activity is relatively flat with 605 properties in the pipeline in January 2011, 34 percent of which... Read More »

The San Francisco Foreclosure Rigging Four

Among eight Northern California real estate investors who have pleaded guilty to rigging public foreclosure auctions are Laith Salma, Patrick Campion, Keith Goodman and Craig Lipton, all of San Francisco. The men agreed not to bid against each other for foreclosed properties auctioned off outside the county courthouse in Redwood... Read More »

Going On Four Years Of “Free” Foreclosure Living Over In Noe Valley

Going On Four Years Of “Free” Foreclosure Living Over In Noe Valley

Speaking of kicking the foreclosure can down the road, as we first wrote in May 2008: Described as a “gut check for SF realtors” when it sold on 6/1/2005 (establishing a new Noe Valley neighborhood comp at $1,500,000), 869 Alvarado appears to have been refinanced a few times since... Read More »

While A Big One Sells, Another Is Scheduled For The Steps

While A Big One Sells, Another Is Scheduled For The Steps

As we wrote about 818 Steiner this past February: Built for Louis Hartter, his wife Emily Geisel and their five children in 1899, the 5,693 finished square feet of 818 Steiner were completely refinished between 2004 when purchased for $1,620,000 and 2007 when sold for $3,400,000. It’s now four... Read More »