Archive for the 'Foster City' Category

After 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

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Threshold 2008 is a nonprofit community effort committed to increasing the understanding of housing issues in San Mateo County and to making the process of developing housing policies and solutions more inclusive. For residents who do not have time to attend planning commission and city council meetings this web-based forum provides an opportunity to voice your opinion and to ask questions. Experts on housing and related issues are available on line from May 5-16, 2008. For more information and registration visit: www.threshold2008.org

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Pacific Retirement Services, Inc. is building a new retirement campus in Foster City. If this project will be anything like their Saratoga campus, seniors (62 years and older) have a lot to look forward to. The Foster City building should be completed in 3 years or less. According to their website, plans call for 251 residential living apartments and 36 assisted living apartments. For seniors who are thinking about selling their current home in the near future, this might be an opportunity to stay in San Mateo county and to enjoy the comfort of a continuing care environment in a luxurious setting.

For more information go to: www.retirement.org

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