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Featured Properties
Great For First-Time Buyers
25941 Montemar #76 - Laguna Niguel, CA
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- 3 Bedrooms
- 2 Baths
- Approx 1131ft^2
- Detached Garage
- Fireplace
- Wood Floors
- Vaulted Ceilings
- Recessed Lighting
- NO MELLO ROOS TAXES
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Why?
This property represents a particularly good value for first-time homebuyers. With 3 bedrooms, it means the purchaser can have a roommate and a home office. Additionally, it shows like new construction, but is a lower density complex and forgoes the budget-crushing Mello Roos taxes. Lastly, many condos feel like an apartment with a bigger payment. This one doesn't, it has a formal entry way and vaulted ceilings.
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How Much?
As of 8/15/07 -- Fortunately, this property is priced below the conforming loan limit. That means it's eligible for the Fannie Mae Flex 100, MyCommunity 100, and Freddie Mac 100 $0 down loan programs. The lowest mortgage payment currently available is $2123, including over $500/mo in principal repayment.
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