San Francisco home with squatters under contract

A deteriorated San Francisco home, occupied by squatters for five years, has been listed for over $1.3 million and is already under contract, highlighting how neglected properties can fetch high prices in the city's limited real estate market. Despite its condition, the property attracts ongoing showings, and experts suggest it could have sold for up to $2 million. The sale occurs amid increasing squatting incidents nationwide and legislation in California that still requires lengthy eviction processes, with squatters able to potentially claim ownership after five years of occupancy and tax payments.

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