Buying or Selling with Vendor Finance

Vendor finance happens when the person selling a home or property also funds part of the purchase price.

The buyer pays an initial amount up front, and the balance (including interest) is met over an agreed period of time with regular repayments.

There are a number of ways that Vendor Finance arrangements can be structured and this is subject to negotiations between the parties prior to signing any agreement.

For example Vendors can assist with funding amounts from just the deposit required to secure say a 80% finance loan, up to the full amount of the purchase price.

Using vendor finance in the sale or purchase of a property can present various risks but it can also present significant opportunities for buyers and sellers.

Check out more information on this website – VENDOR FINANCE OPPORTUNITIES