18 Lansing St APT 403

• High Total Cost of Ownership: With a purchase price of $1,483,900, the total cost of ownership will be very high, especially when factoring in potential HOA fees, property taxes, and insurance. This can make the property unaffordable for many buyers. • Potential for Unforeseen Repair Costs: The lack of information about the building's age and condition, as well as the absence of a property description, raises concerns about potential repair costs. Older buildings may require significant upgrades and maintenance, potentially adding to the overall financial burden. • Lack of Transparency: The absence of detailed information about the property, including room details, utility information, and property features, creates a lack of transparency. This can make it difficult for buyers to fully assess the property's value and condition. • Earthquake Risk: San Francisco is located in an earthquake-prone zone. The lack of information about seismic retrofitting and insurance implications raises concerns about the property's vulnerability to earthquakes and the potential financial losses associated with seismic events. • Competition from Cash Buyers: San Francisco's real estate market is known for its intense competition, with many buyers offering all cash, making it challenging for buyers who need financing to compete. This may put buyers at a significant disadvantage.