Things have really changed with the Laguna Beach real estate market. Sellers are becoming more and more willing to work with buyers with the sale of their home. We have noted before that lease option properties are becoming more and more popular as home buyers are electing to rent a home first before they decide to buy. Having that "option" to purchase at a later date is very appealing to a lot of Laguna Beach home buyers. As a twist to that, we are starting to see sellers willing to carry back the entire first trust deed note and do what we call a seller carry back. A newly listed ocean view home has just come on the market for $3,450,000 where the owner is willing to carry the 1st trust deed. What this means to a buyer is that the owner of the property will be acting as the bank so monthly mortgage payments would be made directly to the seller. The price and terms on the note are always negotiable and monthly payments can be negotiated to any amount that is agreed upon by both the seller and the buyer. If you have been looking for "creative financing" when buying a home then this may be a good opportunity for you. For more information about seller carry backs and lease option homes please contact us today at 949-355-1622. We specialize in Laguna Beach Real Estate and love to have the opportunity to work with you too!