The Palms Is Selling on Monday!
Finally the Palms is selling this Monday. In the first of three releases, The Palms has 72 units from floors 1-4 available for sale. Completion of the building is scheduled for late summer 2006. The other 2 sales releases have not been determined as of yet.
You must get a preapproval first with one of the three preferred lenders:
Wells Fargo Home Mortgage Michael Treon 415.247.1253 or 415.505.7558 michael.treon@wellsfargo.com
Washington Mutual Bank Eliza Wu 415.242-6304 eliza.wu@wamu.net
Bank of America Josephine Spavone 415.622.0472 josephine.a.spavone@bankofamerica.com
and then schedule an appointment to reserve the unit you want. Right now current appointments are being scheduled a week out. Reservations will be 3% of the purchase price. A contract will be signed approximately 30 days afterwards. There will be no contingencies in the contract.
For various reasons related to construction approvals, pricing has not been finalized but here are the ranges which varies by size, view, floor, location, etc.
Jr 1 Bedroom homes Estimated prices: $425,000 - $545,000
1 Bedroom homes Estimated prices: $540,000 - $895,000 2 Bedroom homes Estimated prices: $740,000 - $1,250,000
3 Bedroom homes Estimated prices: $1,195,000 - $1,450,000
Contact Mark Choey
Technorati Tags:SOMAClimb Real Estate Group provides this information to the public and our clients and does not guarantee it’s accuracy. Climb Real Estate Group does not necessarily represent the seller nor the marketing company in any way. For Buyer Representation, contact Climb or learn How to Buy New Developments.
Mark Choey is Senior Sales Associate, Top Producer and principal of Climb Real Estate Group | Vanguard Properties. Mark specializes primarily in condo and loft sales in SOMA, South Beach, Rincon Hill, and Mission Bay.
Specializing in large buildings and especially new developments like The Infinity where he is the top agent in total sales, Mark has a passion for city living. Mark is the creator of www.SFnewdevelopments.com to help buyers and sellers navigate the dynamic new development condo housing market.
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