June 4, 2012
Raining On A Buena Vista Park Property's Parade And Auction Today
Purchased for $2,002,500 in 2004, in 2006 the remodeled Edwardian at 853 Ashbury was refinanced with a $1,885,000 first to which a $100,000 second was added in 2008.
In default since 2010, payments on the first were $135,030 past due as of a year ago, an amount which has since grown to over $150,000.
The Buena Vista Park four-bedroom is scheduled to hit the courthouse steps in San Francisco today at 2PM. A bankruptcy filing is in play, however, and could result in an auction delay.
First Published: June 4, 2012 9:45 AM
Comments from "Plugged In" Readers
Sale postponed once again to July 5th 2012
Posted by: inclinejj at June 4, 2012 12:17 PM