This 2 bed, 2 bath at 829 Oak St #B looks great right? It is actually. It’s really sweet. But it’s not selling.
So what do you do when you can’t sell something for $900,000 in San Francisco? You should know this by now. You reduce the price. In this case, by half. Get out there and make an offer! Ah, but wait. You thought you were in luck, didn’t you? Not so fast…don’t forget where we all live…
If you want to pay half, you only get to use half…this is a 50% fractional ownership of the whole unit. That’s right, for $449,500 you can “Own your own bed & bath, common areas and part of yard”…now you just gotta find someone else to make up the whole, hope they are clean, don’t stink, don’t flake on their loan payments, and aren’t up at all hours of the night – unless you’re into those sorts of things.
Go on then, find that roommate who has $450,000 lying around and go buy yourselves half a pad for the Holidays. Sharing is caring, after all.