We submitted an offer for a place in San Francisco but close of escrow would be during the retrograde. This means either this deal will not go through or there will be problems with the property, which I don’t want. There’s another offer submitted already, which gives the owner a chance to counter offer the offers. I checked the pricing and recent sales from the neighborhood, and the unit is priced low, most likely to generate a bidding war. If that’s the case, and escrow closes 30 days after an offer is accepted, it would have to be accepted no earlier than 4/16. That’s what I’m pulling for.

April 5th, 2010 | Comments Off on

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