This could be a rare addition to the La Costa real estate market.
Carlsbad, CA–How about a vintage and single level 3700 square foot La Costa home located on one of the community’s premier streets–that also includes an upstairs garage apartment? There are no power lines or traffic noise, but lots of potential for a qualified buyer seeking owner financing or owner carry — and upside potential.
We are working closely with the owner and attorney ironing out details–and we don’t expect this La Costa property to be on the market for at least a couple of months.
Tentative terms would look something like this:
$180,000 down payment
$3400 approximate monthly principle and interest based on fully amortized 30-year loan.
The home needs updating, but offers great privacy and has good bones with lots of nice custom features. Owner is elderly and an installment sale would offer tax advantages as well as a predictable monthly income that would exceed what one could get with current bond and CD rates.
This could be an ideal situation for someone with cash who might not be able to qualify for a conventional mortgage. If this is something that might interest you, please call Roberta Murphy at either 877-818-8197 or 760-402-9101. Alternatively you may email roberta@lacostaonline.com Do so, and we will notify you when this La Costa home becomes available–and before it goes into the MLS.