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COASTAL TOWNS:
Del Mar
On the train line running south to San Diego, the pretty coastal community of Del Mar is small, chic, and friendly. The charming downtown has local arts and crafts galleries, small cafes, one-of-a-kind fashion stores, and over two miles of white sandy beach which brings a wide range of activities to your doorstep. Conditions are great for surfing and boogie boarding, and dogs can run free for most of the year. Two beautiful ocean side parks offer shade and great spots to picnic.
With a population of around 4,500, Del Mar is small enough to be friendly and community orientated. The Powerhouse Community Center hosts many great events throughout the year. The Del Mar Racetrack (opened by Bing Crosby and Pat O'Brian) draws thousands during the horse racing season and is host to the fantastic Del Mar Fair, the county's largest.
Nearby hills grant superb views to lucky homeowners, and the two square miles of coastline properties house beachfront cottages with superb beach access and easy access to downtown Del Mar's shops and restaurants.
Solana Beach
South of Encinitas and north of Del Mar you will find the city of Solana Beach. With approximately 13,000 residents, this community prides itself on supporting the arts. Solana Beach's City Hall hosts rotating art exhibits, and the artists of the community are active in beautifying the area in unique ways.
Residents of Solana Beach enjoy the many recreational opportunities that arise from its location in beautiful coastal Southern California-golf, tennis, and hiking are popular, there are parks and beaches to visit, and two community centers that offer classes and recreational programs.
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Financing Your Home >Owner Financing
If you are selling a house in which you have a lot of equity, and you don't need that equity to buy a new home, an owner-financing agreement may benefit you and your buyers.
Seller financing arrangements usually involve the buyers securing the largest portion of their purchase money from a mortgage company and getting a smaller second loan from the sellers. For example, they may finance 75% from a lender, put in 15% from savings, and ask the sellers to finance the remaining amount. The terms and interest rates on seller carry-backs are negotiated on a case-by-case basis.
Sellers may be able to negotiate a note that provides a better return on their money than 1-to-5 year CD's or treasury notes. They should ensure that the note protects them to the fullest. Use common sense when considering such a loan, and verify the buyers' income, credit history, and job stability before making your final decision.
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| Q |
What is a Buyer Broker?
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| A |
A buyer broker represents buyers, helping them to find the best property and negotiate the best purchase price and terms.
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- NUMBER1EXPERT™ 
