Category: For Sale By Owner

ALAMEDA, Calif. (KGO) – There’s a spot on the real estate market in the San Francisco area that’s listed at about half of California’s median housing price of about $900,000, but it comes with a catch. The property is entirely underwater! For many, house hunting can be a nightmare. But in the city of Alameda, one property is hitting the market for only a couple hundred thousand dollars. “One of the neighbors contacted me and said, ‘Oh, is this a joke?’ And I said, ‘No, it’s not a joke. Someone…

ALAMEDA, Calif. — A piece of property is for sale in the San Francisco Bay area for $400,000 but there is a slight catch. It is underwater. >> Read more trending news “One of the neighbors contacted me and said, ‘Oh is this a joke?’ And I said, ‘No. it’s not a joke. Someone bought it and they own it now,’” said real estate agent April Jones, according to KGO-TV. Jones said that the owner had purchased the property at an auction without seeing it and didn’t know it was…

ALAMEDA, Calif. (KGO) – There’s a spot on the real estate market in the San Francisco area that’s listed at about half of California’s median housing price of about $900,000, but it comes with a catch. The property is entirely underwater! For many, house hunting can be a nightmare. But in the city of Alameda, one property is hitting the market for only a couple hundred thousand dollars. “One of the neighbors contacted me and said, ‘Oh, is this a joke?’ And I said, ‘No, it’s not a joke. Someone…

ALAMEDA, Calif. (KGO) – There’s a spot on the real estate market in the San Francisco area that’s listed at about half of California’s median housing price of about $900,000, but it comes with a catch. The property is entirely underwater! For many, house hunting can be a nightmare. But in the city of Alameda, one property is hitting the market for only a couple hundred thousand dollars. “One of the neighbors contacted me and said, ‘Oh, is this a joke?’ And I said, ‘No, it’s not a joke. Someone…

Tech mogul Eric Schmidt has put his sprawling Bay Area compound on the market. The more than 3-acre property — created by combining three contiguous parcels of land in the tony town of Atherton, home to the nation’s priciest ZIP code for seven consecutive years — is seeking $24.5 million.  Compass agent Katherine Carroll, who holds the listing, declined to name the sellers, but SFGate confirmed that it’s the former Google CEO, 69, and his wife, philanthropist Wendy Schmidt, 68, based on prior reporting.  The couple purchased the property, located…