What is Vendor Finance? 

How Does It Work

Vendor finance (also known as 'seller finance' or 'owner finance') has been used right from the earliest times of buying and selling of real estate in Australia. The term vendor finance is used to describe a number of ways to achieve home ownership without having to first get a bank loan or mortgage. 

Traditionally, a home is bought through finance from a bank, or other lending institution. The buyer pays a deposit (usually 10%-20%) to the seller and the bank pays the rest. The seller then pays the loan, or mortgage, back to the bank, over time with interest.

  • vendor finance provides solutions outside of the often restricting method of cash sales and cash purchases, particularly in a subdued market where properties are not selling
  • vendor finance solves difficulties buyers and sellers face with low deposits, obtaining bank loan approvals, and minor credit defaults
  • vendor finance means sellers and buyers can make their own arrangements, without making the sale dependent upon a bank giving finance to the buyers
  • vendor finance is quick – buyers can move in straight away, as soon as they satisfy the seller’s requirements
  • vendor finance means that buyers can use their home handyman skills to renovate – to paint, landscape and improve the property, knowing that the pre-agreed price will not increase because of the improvements
  • vendor finance paperwork is not too different from the paperwork for standard sales, it is standard paperwork with a twist

Flexibility

You will be amazed - at how thinking outside the box can produce FAST and PROFITABLE sales for you. No need to keep reducing your sales price to find buyers - as per the traditional model. Using vendor finance strategies it's possible to find so many more people who WANT to buy your house by making the house easier to buy. In general they will pay a premium above market price for your house to purchase in this manner.

Who does this suit?

YOU

Well, you'd expect me to say that wouldn't you?! Really though, it works for anyone in any situation. The main key is whether you need ALL of your money today. If you can be flexible to take a chunk of your money now and a chunk later, there's a great solution that can be found to get you moving forward again.

MORTGAGE STRESSED? BEHIND IN PAYMENTS?

If you're struggling under a debt burden that's keeping you awake at night, vendor finance strategies enable you to move quickly so you can get the bank off your back (and the stress) and move forward with life again. 

How do I get started?

You'll never know unless you ask the question!

The best bit is that there are NO FEES. There's no Agents Commissions (as I'm an investor, not an Agent). Really - that's it! 

Call - 0412 446 749

...and start living the next stage of your life NOW

Visit the 'Frequently Asked Questions' area for more information