Archive for July 30th, 2009

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Spoke Too Soon? New High Sale of the Year…

July 30, 2009

As luck would have it, we just finished posting our “Top 5 Listings that Have Sold in 2009″ article and BAM, 2510 Jackson Street sells.  The bank-owned Pacific Heights mansion sports 9 bedrooms, 6.75 baths, over 10,000 square feet, and a 4-car garage.  Built in 1885, the mansion had been on the market for 428 days before meeting its new owner.

The home was originally listed on 4/8/08 for $14,900,000 and ended up selling for $11,500,000 after a couple of price reductions during the past year.

Pics:

2510 Jackson Street sets the new record in '09 (so far)

2510 Jackson Street sets the new record in '09 (so far)

For more pics, continue reading –>

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Only 4 Months Left for the $8K Tax Credit!

July 30, 2009

Just a friendly reminder if you really want the $8,000 first time home-buyer tax credit but have been dragging your feet lately… it might be time to ramp things up again.  The deadline for the tax credit is November 30th.  That means you’ll need to have closed on your home by then if you want the incentive.  With normal escrow periods taking 30-45 days, you’ll need to be “in contract”  by mid-October (and that’s going to be cutting it close).  Those applying for FHA financing or purchasing a short sale should build in even more time, perhaps a 60-90 day cushion before November 30th.

And don’t be surprised to see log jams at lending institutions and title companies around November 30th, which could add complications for those trying to squeeze in.  Good luck!

You snooze, you lose

You snooze, you lose (regardless of how cute you are)

For more buyer tips, click HERE.

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Pocket Listings for 7/30/2009

July 30, 2009

What is a pocket listing? A pocket listing is a home that is not being advertised to the general public through the MLS or a listing that will come on the market in the future but right now is still a secret. Many homes in San Francisco sell while off the open market, so pocket listing culture is a big deal. Each week, we’ll be sharing info about pocket listings that we know of (most of them anyway- some have to remain completely confidential).

Information on pocket listings is sparse and secretive, so pardon us if we seem short on details for the purposes of our blog. If you are interested in learning more about a particular listing you can click HERE to contact us. Without further ado, here are this week’s pocket listings:

Pocket Listings!!
Out of our pocket and over to you

To see this week’s pocket listings, continue reading –>

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