Single Family Home in Dana Point, California

Motivated Seller...hassle-free move in with $25,000 down and take over existing finaincing.  Incredible Waterford Pointe neighborhood of Dana Point.  Doheny Beach, Dana Point Harbor, restaurants, shopping and schools all within 1 mile.  Upstairs/Entry Level is open with floor to ceiling windows, Travertine floors, fireplace, kitchen with Jenn-Air appliances, bedroom and full bath with seamless glass shower and tumbled stone countertops.  Downstairs is a bedroom/full bath and Master bedroom with Travertine floors, dual sinks, jacuzzi tub, seamless glass shower and tumbled stone throughout.  Walk in closet and sliding door to rear private patio.  Gated community access, pool/spa and tennis court. 
Take over 1st of $644,000 5.75% fixed through 5/2011  Interest-Only payment $3,083
Take over 2nd of $79,000 8.125% fixed through 5/2011 Interest-Only payment $592
Home prices in this neighborhood have held up better than most...upside potential with expansion and development of Dana Point Harbor.  This a fantanstic Seller-to-Buyer opportunity to get into a safe and desirable neighborhood with a low down payment and fast close.