Archive for April, 2009
Condo to be auctioned off in Foster City
0 Comments Published by chrismolnar April 23rd, 2009 in Buyer Tips, Foster City, Neighborhoods. by chrismolnarAfter 263 days on the market, the owner of 857 Canis Lane in Foster City has now listed their home with a company called USAuctionAdvantage. The opening bid is $ 300,000. Considering that the last condo was sold for $ 540,000 and didn’t have any of these up-grades, this might be a great opportunity for someone who is comfortable with the disclosures. My understanding is that the HOA has to address a rather large capital improvement project and members have not been able to agree on how to proceed. As a result homeowners who have tried to sell in this beautiful complex have taken a huge hit. According to the website, buyers can bid until May 23, 2009. Follow the current bidding price and # of bids on their website: www.usauctionadvantage.com
