Seamu,
Barry brings up some really good points. I am partial to Hollywood Beach so that sounds interesting already. As to these All Cash situations, if a Seller wants out then a seller carry back at 80% is not unusual when traditional financing will not work on a property. I just saw this situation in a home in Woodland Hills that had a finance issue, the Seller wanted to sell or needed to sell. They had two choices, market the house to the smallest segment of the buyer pool (all cash buyers) or get creative and carry back. - Wed Dec 2 2009, 21:30