Carol Solfanelli | Compass | DRE License # 01347033 | 415-297-7031 | carol.solfanelli@compass.com
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Blog Posts

Why wait to sell in a hot market?

san francisco painted ladies

In a hot market, there are times when you probably should not sell. Recently, I did a listing presentation for a couple who owns a lovely two bedroom TIC unit near the Alamo Square area. For those who are not familiar with the term, TIC, it is a property that is held as Tenants In Common with other individuals. It is a form of group ownership. “In a TIC, the entire property is owned by the TIC group (the tenants

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SF Market Hasn’t Slowed Yet!

Douglass Ext

The market is still very hot! My listing above at 356-358 Douglass, which is a three unit property that includes a cottage at 24 Seward, went into contract last Friday after multiple offers. It’s a well maintained and beautifully updated Eureka Valley residential property. I had hundreds of people through each weekend open house – I’m still getting calls from the unlucky buyers who missed it. If you are a buyer these days, you need to be prepared to move

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They Got Into the SF Market!

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Congratulations to my clients, Sarah and Kevin, who just closed this week on this sweet home in Lone Mountain and are moving in today! It’s a challenging market for buyers so I am always happy to see my clients prevail on an offer. Speaking of prevailing, congratulations to my other clients, Anne and Kevin, who just got into contract on Wednesday on an Edwardian condo in Lower Pacific Heights! They are thrilled and I’m thrilled for them. It’s been a

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Buying a Two-Unit Building Can Be a Beautiful Thing!

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When shopping for a property, many people focus on buying a condo or a single family residence. While both of these options are fine, an option many people in my experience don’t consider is buying a two-unit building. While they may feel that they will not qualify for a high enough mortgage, the bank will take into consideration the rental income of the unit that will be tenant-occupied when deciding the loan amount. And although most two-unit buildings in San

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Comfortable Lodging Around the World For Free!

maine house

One of the benefits of buying a home in San Francisco is that it opens you up to lodging around the world for free! How does this happen you may wonder. One site that offers you the chance to exchange homes is called HomeExchange.com. My husband, Michael, and I have enjoyed exchanging homes with people locally and around the world for a fee of about $100 a year through this website. We have stayed in beautiful homes and apartments in

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Just Sold in Pacific Heights!

Pacific LR

I just sold this top floor Edwardian condo at 1925 Pacific, #6, which sparkled with light and views of the bay. It is in a sought after location on a tree-lined block centrally located near some of the best restaurants and boutiques on Fillmore, Union and Polk Streets. It was listed for $1,675,000 and sold over asking after multiple offers were received. Here’s what my client had to say about the sale: “Carol was exceedingly professional, worked tirelessly and insured

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Asbestos Isn’t Sexy!

Asbestos

Asbestos is a scary word for many people. I was recently in a transaction where I had disclosed that there was a pipe outside of a window that might be insulated with asbestos and the insulation was unraveling. The buyer in contract had some concerns, naturally, about the asbestos. I recommended that she have a certified asbestos removal contractor remove the insulation if it was asbestos.The buyer’s agent indicated that although his client could use the company I had suggested,

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Gracious living at its best!

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I am bringing a beautiful condo on the market that I’m very excited about! It’s one of those properties that has almost everything that people want. It’s a top floor Edwardian with three bedrooms and two full baths. It has views of the bay in the distance from the living, dining and master bedroom. It has lots of light and a gracious feel. The nicely designed layout separates the private bedroom area from the living area. The quiet elegance of

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Don’t Litigate (If You Can Help It)!

th St LR

I recently represented separate sellers of two different modern condos, one built in 2004 and the other in 2007.  They each bought their condos within several years of each other in strong markets. They both just sold their units. One was a two bedroom condo in the Mission whose photograph appears above and one was a one bedroom view condo with lots of amenities in Mission Bay. With the run-up in the real estate market, one would expect that each

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