patrick.net

Sold for $400k and a bank was willing to finance it.

That's about ~$120k less than what it would have sold for had it not had the structural problem.

Sounds like they over-paid.

I think the buyer intends to restore and resell. I'm expecting to see a cover up on the structural problem. If this property was restored/remodeled, it might get $580k or so. At that price, there's just no way they are planning to fix the foundation. That's not counting other repairs. My father thinks the foundation will last another 10 years or so if left as is.

I don't like Daly City area, it is too forlky & rainy in the morning & evening most of the time , and it is very close to the hospital, I prefer close to El Camino Real SUNNY & BRIGHT level flat land area as known as San Bruno & Millbrae area, however airport noisy is only objection sometime