Perhaps the marketing remarks say it all:
“Amazing opportunity. Pre-foreclosure sale of a European style Nob Hill penthouse with spectacular views of the city & bay. This is a 6 room Edwardian flat in need of some serious TLC, but is a one of a kind unit and must be sold now!”
Is that pre-foreclosure pricing or not? And how ’bout that “needs serious TLC, but is one of a kind…”?