I toured a variety of properties in NoPa (North Panhandle) last week on broker tour. Panhandle inventory typically features multi-unit buildings and large single-family homes, many of which are classic Victorian and Edwardian styles. The neighborhood is a bit more urban in nature than, say, Cole Valley, but a lot of the homes are improved when new folks move into the ‘hood. I found a trio of quintessential North Panhandle properties worth looking at:… Continue Reading
Many buyers in San Francisco either shy away from short sales because they seem too complicated, or gravitate toward them with the goal of getting a good deal. The reality is that short sales can be lengthy, disappointing, and simply facilitate the bank getting market rate for a property.
But properties being sold through short sales can sometimes be decent deals. Lenders want to minimize their losses, but they’re not going to get emotionally involved. So they will typically settle on a price that reasonably appears to be market value—but can sometimes be less than market value, which is good for buyers.… Continue Reading