October 6, 2007
SF: New Condo Incentives Update (10/6/07)
It looks like there are a few new condo incentives to report, the most interesting of which is no mortgage, property tax or HOA payments for 3 months at 733 Front. The other incentives we’re currently aware of (with changes since the last update in bold) can be found after the jump.
In other new condo news:
the Californian on Rincon Hill has apparently been scrapped; and
the sales office at Esprit Park is officially open for business.
–Image: rendering of Esprit Park interior.
| Building | Incentive | Source | Status |
| 170 Off Third177 Townsend 415.543.3901 |
Interest rate buy-down to 5.625% on 7/1 ARM | Sales office | Officially expired, but sales office expressed willingness to work with buyers. |
| 733 Front 733 Front 415.956.9201 |
No payments (mortgage, property tax or HOA) for 3 months. Not clear whether they’re paying it (which would be cool) or it’s just being deferred (which could suck). | The Front Steps | Current as of 10/5/07. |
| 767 Bryant767 Bryant (duh)510.222.5959 | A new car! | SocketSite | Long since expired, but too good not to list |
| Arterra300 Berry 415.974.5200 | Two years paid HOA; 4% broker commission,new refrigerator, washer and dryer | SocketSite | Paid HOA and 4% commission current as of 10/5/07; fridge, washer and dryer expired |
| The Citrino 566 S. Van Ness 415.321.7088 |
Price reductions, HOA credits, interest rate buy-downs (no specifics) | SocketSite | Expired |
| The Hayes 628 Howard 415.974.0900 |
5.125% 5/1 ARM (20% down 720+ FICO) | Sales Office | Current as of 10/5/07 |
| The Heritage on Fillmore1294 Fillmore 415.346.8880 | 2 years HOA or $11,000 credit towards upgrades + 3.5% commission to your agent; interest rates “starting at” 4.5% | Sales office | HOA and upgrades credit expired; 3.5% commission good through 10/31/07; interest rate offer current as of 9/30/07 |
| The Palms555 4th Street415.777.2567 | Interest rate buy-down to 3.875% on 5/1 ARM | Sales office | Current as of 10/5/07 |
| Park Terrace325 Berry 415.281.9160 | “Special” builder financing | Sales office | Expired 8/23/07, willing to work with buyers |
| The Potrero444 DeHaro 415.621.9000 |
2 years paid HOA, free washer, dryer, stove and fridge | Sales office | Officially expired, but sales office expressed willingness to work with buyers |
