This quote comes from reader “Disconsolate“, on “Stories Of Despair In San Francisco Real Estate“:
I was in probate court that day to observe the overbidding on Juanita Way as preparation to overbid on a house in University Terrace. Our court date was last week. We showed up and went to our max ($100k over the original accepted offer), but we were easily outbid by USF. We didn’t stand a chance.
You are not alone, our friend. Not alone. Thanks for the comment!
2 thoughts on “Comment Du Jour: “Easily outbid by USF””
So what’s going on? Is it USF trying o buy property for professors, students, staff??? Are they trying to raise the property values around the campus???? It all sounds like good news (except for those looking to buy cheap).
No idea really. That was the first I had heard of USF snatching up property.