My wife Julia ran across a post on craigslist.org for a piece of land out on the northern California coast. The seller is offering to carry $200,000 of the purchase price with a $60,000 down payment to give the buyer time to build and refinance. “Ocean view building site, owner will carry – $260,000. With a $60,000 down payment, owner will finance this ocean view lot for a year or until your home has been built, whichever comes first. No monthly payments, zero interest added on to the principle…can’t get better than that! $60,000…lot is yours – just get your
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