Owner listing property for sale bought lot without realizing it’s completely underwater – WWNY
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…
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