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Property Q&A in Russian Hill : Real Estate Advice

  • All29
  • Local Info3
  • Home Buying10
  • Home Selling2
  • Market Conditions3

Activity 4
Wed Oct 16, 2013
Christian Deshaies answered:
Hi Doug,
The better way to get responses to your question is to contact the rental agent 'hardmana7' indicated at the top of this for rent listing.

He did not leave a contact phone number so email is the only way to find out about parking and pets.

Good luck!
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Wed Sep 18, 2013
Lizete Santos answered:
Hello Floyd,

This building includes earthquake insurance (which is very expensive), water, heat, 24 hour door person, valet parking as well as professional management.

Let me know if you have any further questions.

Regards,
Lizete
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Mon Jan 14, 2013
Alicia Tam answered:
I may be reading your question wrong, but If both the picture and the address are incorrect, then it's just not your house, isn't it.
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Mon Oct 22, 2012
Alina Aeby answered:
That is problem, you will only know the address if you subscribe at RealtyTrac.com. They will give you a 7 days free trial to get you interested.

Anyway, the property is not for sale yet, the owners are behind in their mortgage payments and they received a Notice of Default( NOD). technically, this starts the foreclosure process, but it could take a long time.

What will happen with the property?
Scenarios:
-owners could pay up all the debt and become current
-owners could decide to short sale the property with a Realtor and it may or not be successful, depending on their financials, how long they've been defaulting, etc..
-bank could auction the property and the public is invited to bid on it; cash only and as -is
-bank could reposes the property, which becomes REO( real estate owned, by the bank) and later listed with an agent or sold though other auction site.

If it looks too good to be true, it probably is.

As Realtors, we have access to all sorts of distressed properties information and we can offer good advise. Feel free to contact one of us.

Best,
Alina

Alina Aeby-Broker Associate, SFR
Pacific Union International
415.744.4844
www.bestsfhomes.com
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