Heisler Park Laguna Beach

If you are in the market to buy a home but looking to leverage your cash you may want to consider seller's who are open to doing a seller carry back.   What exactly is a seller carry back?  Instead of going through a traditional mortgage to buy a home the seller of the bank becomes the bank, in essence, and provides the buyer with an interest rate and terms for the amount that is to be borrowed.  Typically, a certain amount of down payment will be required in order for the seller carry back to work, in most cases this can be anywhere from 10 to 20% of the purchase price. 

Most of it depends on the sellers motivation and the amount of equity the seller has in the property.  If the property is owned free and clear then you will have more negotiating room

If you have ever visited Laguna Beach then you will be familiar with the Heisler Park area of Laguna Beach.  Heisler Park is located just north of Main Beach in the North Laguna area.  The park stretches along side Cliff Drive with beautiful ocean view homes and wide open greenbelt spaces that overlook some of the most breathtaking views of the ocean and coastline.  Homes and condos surrounding this area of Laguna Beach always command a premium in price do to the close proximity to the beach and ocean.  Our Laguna Beach site has narrowed down this specific area and showcases all available homes in the immediate area of Heisler Park (see attached photo below).  A good example of this is a new Laguna Beach ocean view home that just came on the market that