January 2, 2013
Past Due In Presidio Heights
As plugged-in people should be well aware and positioned to take advantage, the majority of foreclosures in San Francisco have occurred outside the boundaries of the oft maligned District 10 over the past few years.
Speaking of which, in and out of foreclosure since 2009, the 3,480 square foot Presidio Heights home at 3829 Clay Street is scheduled to hit the courthouse steps tomorrow with roughly $170,000 past due on a $1,725,000 loan.
First Published: January 2, 2013 1:30 PM
Comments from "Plugged In" Readers
3829 Clay St
Current Sale Date:
Original Sale Date:
At the Van Ness Avenue entrance to the San Francisco City Hall, 400 Van Ness Avenue.
Posted by: inclinejj at January 2, 2013 2:46 PM
I don't get it. even at $2mm there should be some equity in this place right? even if it's a mess inside, $570psf in presidio heights is pretty cheap. couldn't the owners have done something to save the equity? giving it back to the bank doesn't make the most sense.
Posted by: fancy rental at January 2, 2013 10:07 PM
Fancy rental you are a jinx lol
3829 Clay St
[Editor's Note: Today's auction has been postponed until 01/18/2013.]
Posted by: inclinejj at January 3, 2013 10:13 AM
69% get cancelled, so this result should be no surprise.
Posted by: hangemhi at January 3, 2013 2:06 PM
Just curious, what's the best source of information about the auction scheduling and last minute changes?
Posted by: absolut at January 3, 2013 3:10 PM
69% get cancelled Not that high but a huge number do weekly. Most postpone from month to month.
Posted by: inclinejj at January 3, 2013 3:33 PM