I would pass on this property. Not the greatest part of North Park.
3544 Landis is a marginally larger home on a lot that is twice as large. 3544 is already bank owned. There is already a NOD filed on 3216, that is a Notice of Default that has already been recorded for the public so it is is a short sale. REO transactions are much less time consuming and easier then short sales.
Both 3544 and 3216 have been on the market since early June. The nice thing about 3216 is it is west of 805 (by only a few blocks) while 3544 is east of 805 by a few blocks.
Rustico can give you the details such as how much they owe on it and such.
