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    A corrupt 122-year-old San Francisco home sold nearly $ 2 million at auction.San Francisco

    The corrupt 122-year-old Victorians were marketed as “the best blocks and the worst homes.” San Francisco It sold for about $ 2 million. This is an eye-catching price that realtors have said is the result of over-bidding at auctions.

    Last week, the developer’s $ 1.97 million cash offer for 2,158 square feet (200 square meters) of real estate in the Noe Valley area was confirmed. On the social media page Zillow Gone Wild, some commenters were amazed at the price, while others questioned the value of wooden windows, paint strips, and unstable foundational homes. I presented it.

    One commenter joked. “There’s actually a parking space. It’s no wonder it sold for almost $ 2 million!”

    According to seller representative Todd Wiley, the property sold hundreds of thousands of dollars higher than other comparable fixer uppers in the region as a result of the sale of a complex power of attorney.

    According to Widow, the judge approved the sale of the house after the elderly owner was put into the guardianship system. According to Wiley, the man’s family was worried about his life and hired a licensed trustee to handle the sale, and the income was used to pay for his ongoing care.

    This house was sold as “the best block and worst house” in San Francisco’s Nor Valley district. Photo: Jeff Chiu / AP

    The house initially received the highest offer of about $ 1.4 million, and the will probate judge approved the offer and started the process of about seven weeks for the house to stay in the real estate market, creating strong interest.

    At the auction, the Probate Court set up bids in units of $ 10,000.

    “It kept things low and kept 5-6 bidders in the game,” Wiley said. Eventually the two strangled, he said.

    “They really wanted it, but DataPoint didn’t support its sale. It was unusual,” he said.

    A corrupt 122-year-old San Francisco home sold nearly $ 2 million at auction.San Francisco

    Source link A corrupt 122-year-old San Francisco home sold nearly $ 2 million at auction.San Francisco

    The post A corrupt 122-year-old San Francisco home sold nearly $ 2 million at auction.San Francisco appeared first on Eminetra.

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