Thursday, January 8, 2009

Seller carry-backs are coming back


1953 Adobe fixer home & an unpermitted detached studio on the property. 2 bed, 2 bath, 1339 sq.ft., .93 acre parcel with ocean view. Listed for 850k, sold after 46 days on the market for $680,000. Seller financing for a 476k loan. What interest rate would you want?

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