SFnewsletter Week ending Feb. 4, 2005

Dear Friends: ****Interested in purchasing, refinancing or building real estate wealth? Call me today for a complimentary in depth evaluation(WOW service, best rates and fast response times). Ed Diaz, your Wealth Building direct lender with over 18 years of finance experience. (415)573-6472.**** _____ Hello and welcome to the newest members of the list. To opt-out, either email me at sfnewsletter@gmail.com, or click on the "unsubscribe" button below. If you know anyone who would like to be added to this distribution, they must opt-in by emailing me. Most importantly, don't forget to click on the "New on Market", and "Sold" reports below. They are what make this newsletter tick.* $____ Market Update: Hmmm. Let's think about this one. It's easy! The market is HOT! $$___ Maximum Overbid(TM) of the week**: I'm showcasing two today. Different parts of town, and properties in different conditions. You'll see that the price ranges are totally different, but the outcome is the same. WAY over asking. 101-103 Caselli: Eureka Valley, two units, approximately 2230 square feet, $538 per square foot, probate, asking $795,000 sold for $1,200,000. That's $405,000 over. Here's a link to the property description: link 3074-76 Washington: Pacific Heights, 2 units, 3484 square feet, $609 per square foot, in pretty sweet condition and prime location, asking $1,595,000 sold for $2,125,000. Yes that is $530,000 above the asking price. It doesn't matter if the price is starting out at $595,000 or $1,595,000, you're probably going to have to go WAY over. Here's a link to the property description: link $$$___ Comparison Shopping: Let's take that $530,000 and head on over to the east coast...Stowe Vermont, shall we? (You'll get to know your geography.) Let's see what we get there: link And I think you get the lake too. Not bad. $$$$___ My Thoughts: How 'bout the weather!? Happy Aloha Friday! alex New on Market Report: report SOLD 01/21/05-02/04/05: report SOLD 01/07/05-01/20/05: report