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Property Q&A in South San Francisco : Real Estate Advice

  • All125
  • Local Info8
  • Home Buying44
  • Home Selling4
  • Market Conditions3

Activity 57
Wed Apr 11, 2012
Cristina Weglinski answered:
David is correct. The owner is in Notice of default meaning that they are behind on their mortgage for at least 3 months. They have 3 more months from the date that they receive their NOD notice to have the proeperty foreclose.

Please check th link for current listing in SSF. Please feel free to call or email me if you need to see any of these properties.

Cristina Weglinski
Avant Properties
Cell: 415-987-3784
Efax:702-441-0832
Cristyweg@comcast.net
www.cristinaweglinski.com

Click the following URL to see the listings:
http://matrix.mlslistings.com/DE.asp?ID=752067885
... more
0 votes 3 answers Share Flag
Mon Mar 26, 2012
Michael Kaprielian answered:
Good Morning Jean and Samson,
As you have already found out, that property is off market right now but there are a total of 28 other listings being actively marketed in the cities of SSF & Daly City. A word of caution, of those 28 units only 6 are regular sales and the rest are either Short Sales or Bank Owned properties. Please review the financials of the HOA's for the units you do find because many are accessing those that do pay their HOA Fees and this could be big.

Also, look closely at the complex as a whole. If the building needs paint, workout rooms are closed or pools are not being use these could all be signs of deferred maintenance. As a buyer, you will be given all the HOA documents to review including Minutes of the Meetings, Financials, CC&R's and more.

Now is the perfect time to buy with interest rates being very low and property prices on the upswing. One of the easiest ways to make money is making it on the equity on you home.

Good luck on finding that place you can call home and if you want to work with Real Estate Expert give me a call!

Always the Best,
Michael Kaprielian, Realtor
Coldwell Banker
(650)403-6227
MKaprielian@comcast.net
MKaprielian.com
Calif.DRE# 01826308
... more
0 votes 4 answers Share Flag
Mon Mar 26, 2012
Michael Kaprielian answered:
Good Morning Gilbert,
The property you mentioned is not on the market anymore as that listing has expired. According to the Multiple Listing Service(MLS), the property was on the market for over 400 days and was advertised as a teardown. If this property is foreclosed on by the bank that holds title it will most likely be sold for cash on the county court steps.
When properties are in the condition that this one seems to be it's not very likely that any lender would loan a buyer funds to purchase the property or at least require a very large down payment.

In the recent weeks with Mortgage Rates moving upward and housing inventory being very low property pricing has been moving up as well. Let's take SSF for instance, with the bottom of the market at $325,000 for the least expensive and a total of only 30 properties being actively listed on the MLS the choices are just getting fewer.
Prices on properties in SSF, Daly City, San Bruno and else where on the Peninsula are all moving upward.

If purchasing a home is something that you're able to do than nows the time before property values again become out of reach. Building equity in a home can be as easy as living there or doing improvements to upgrade the property.

Good Luck on your search and if you need any help look me up!

Always the Best,
Michael
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0 votes 4 answers Share Flag
Sun Mar 25, 2012
Gilbert asked:
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This question is about this property: http://www.trulia.com/foreclosure/3077432692--Rosa-Flora-Cir-South-San-Francisco-CA-94080
0 votes 0 Answers Share Flag
Thu Aug 4, 2011
Marian Flores asked:
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This question is about this property: http://www.trulia.com/rental/3043013800--Donegal-Ave-South-San-Francisco-CA-94080
0 votes 0 Answers Share Flag
Mon Jul 25, 2011
The Medford Team answered:
Alba:

What you are seeing is not a listing … it is an advertisement for RealtyTrac.

What you are seeing on Trulia.com is the notice of foreclosure notice for a trustee sale. RealtyTrac notices can be very deceptive because they give the loan amounts, not the purchase price. When this particular property does hit the market, it will be at market price for the neighborhood.

RealtyTrac is trying to get you to sign up for their service.

The following links may be helpful:

When Is The Price Not The Price?
http://bit.ly/p11iq

It’s Too Good To Be True: REALLY – Top 4 Buyer Myths
http://bit.ly/4PKTHT

If you want to know when these actually hit the market, have a Realtor set you up with an auto-feed that will alert you the moment they become active on the MLS.
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0 votes 2 answers Share Flag
Mon Jul 25, 2011
ncie buyer asked:
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This question is about this property: http://www.trulia.com/foreclosure/3034766707--Camaritas-Ave-South-San-Francisco-CA-94080
0 votes 0 Answers Share Flag
Fri Jun 17, 2011
Ilene Crites answered:
Yes the association allowed the entire complex to be in a state of deferred maintenance. Then the community clubhouse had issues and needed to be rebuilt. Nearly all home owner associations retain the right to bring an assessment to the owners for capital improvements and necessary repairs. You are correct that each owner had to pay this. Many had to foreclose and it caused the property values to fall seriously. ... more
0 votes 1 answer Share Flag
Thu Mar 10, 2011
Brenda asked:
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This question is about this property: http://www.trulia.com/foreclosure/3038311007--Miller-Ave-South-San-Francisco-CA-94080
0 votes 0 Answers Share Flag
Sat Jun 26, 2010
Cristina Weglinski answered:
What you are seeing is not a listing … it is an advertisement for RealtyTrac.

What you are seeing on Trulia.com is the notice of default for one of the mortgages provided by RealtyTrac. RealtyTrac notices can be very deceptive because they give the loan amounts or courthose steps transfers, not the purchase price. When this particular property does hit the market, it will be at market price for the neighborhood.

RealtyTrac is trying to get you to sign up for their service.

What you are seeing is the notice of default for one of the mortgages. Notices can be very deceptive because they give the loan amounts or courthose steps transfers, not the purchase price. When this particular property does hit the market, it will be at market price for the neighborhood.

This information does not sound accurate, unless it is only referring to a portion of the lien on the property. Foreclosures need to be investigated to find out exactly what is owing on the property and who holds the different notes. Banks can be very tough to work with and a buyer needs alot of patience when working with most foreclosures.

If you want to know when these actually hit the market, have a Realtor set you up with an auto-feed that will alert you the moment they become active on the MLS. Let me know if you’d like any additional informations.



Cristina Weglinski
Realty World Avant Properties
cell: 415-987-3784
cristyweg@comcast.net
... more
0 votes 2 answers Share Flag
Wed Jun 23, 2010
Cristina Weglinski answered:
This property was listed on 05/14/10 and went pending on 06/1/10. This also a short sale listing and it will take a while to close, it might take 2 to 3 mos the most. According to the listing, it didn't say that it has a view.

Hope this helps.

Cristina Weglinski
Realty World Avant Properties
415-987-3784
cristyweg@comcast.net
... more
0 votes 3 answers Share Flag
Wed Jun 23, 2010
Christopher Pohlman answered:
Hi Joyce,

This property is not available at the moment. The owner may have redeemed the foreclosure or something of the sort. Give me a call and I provide information on Foreclosures that are currently available for you!

Thanks!
Christopher Pohlman
DRE 01838445
1.888.669.8881
415.894.2469
... more
0 votes 1 answer Share Flag
Wed Mar 31, 2010
Jeff Tung answered:
Hi Yvonne,

I just left the property and it is available. The home is basically in original condition and needs work. It is priced well.
0 votes 2 answers Share Flag
Sat Feb 20, 2010
Cristina Weglinski answered:
Hi Joyce,

This property is a bank owned, listed 01/28/2010 and went pending on 02/08/2010. It was listed for 709,900 and at this point don't know yet how much it will close for.

There 1 property that is currently oh market on this area for 5BR and 3BA with 2,280 sq ft, built in 2000. This is a regular sale. If you are interested in checking this property please let me know or if you want me to send you some listing in the area of South San Francisco.

Good luck!

Cristina Weglinski
Realty World Avant Properties
Cell: 415-987-3784
cristyweg@comcast.net
... more
0 votes 1 answer Share Flag
Wed Feb 17, 2010
Cristina Weglinski answered:
Hi Brian,

Yes this property went to pending. I have looked at some listings in this area which is the Buri-buri area in South San Francisco and I found 5 listing which is maybe of your interest. There are properties in this area such as:
3BR/1BA for 458k
3BR/2BA for 479k
2BR/1BA for 514k
3/2BR forBA 529k
3BR/2BA for 599k

I hope these are within your price range. If you are interested to see these properties, you can email or call me. Hope this helps.

Cristina Weglinski
Realty World Avant Propeties
Realtor/REO/Short Sale Specialist
cell: 415-987-3784
cristyweg@comcast.net
... more
0 votes 2 answers Share Flag
Thu Dec 17, 2009
Moises Pelayo answered:
Good morning Mika,

Yes fortunately that home has new owners. The best news is there are 32 other homes in SSF for sale that are under $550K. If you are seriously ready to buy, you should take advantage of the fact that sellers are motivated and interest rates are fantastic. Let me know if you have any other questions. ... more
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Thu Oct 15, 2009
Jeff Tung answered:
Hi Lincoln,

2210 Gellert Blvd. 5105 is showing active and has been on the market since 9/23/09. To see it, you need to make an appointment.
0 votes 3 answers Share Flag
Thu Oct 8, 2009
Brendan Aiello answered:
Hi Mika,

440 Hemlock Sold on September 19th, 2009. Asking price was $499,000 but it sold for $515,000. It was on the market 41 days.

If you would like any more information or would like to find a property similar to this one, contact me anyway you desire.

Brendan Aiello – Cashin Company Realtors
DRE # 01860602
AielloB@gmail.com
(650) 403-6262
Twitter: @BrendanAiello
http://www.BrendanAiello.com
http://www.TeamTapper.com
... more
0 votes 2 answers Share Flag
Fri Oct 2, 2009
Wilma L answered:
Nice neighborhood. I used to live down the street.
0 votes 2 answers Share Flag
Thu Aug 6, 2009
Wilma L answered:
Hi this unit is pending sale. There are other units for sale in this complex but they are either 1 or 3 bedrooms.
0 votes 1 answer Share Flag
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