Forum Replies Created
Coota,
Cheers. Ill see what others say too.
Im pretty sceptical of these sorts of things. But if there is sufficient evidence, ie past sales, to back up the estimate then i would be comfortbale with it.
If you dont mind me asking, when you did a valuation on your property how many relevant sales were there and what colour and number did it come up as? During their presentations they say different valuations come with different confidence scors.
Aleks
Paul,
Ill check out the websites tonight.
I understand your point about seeking further education before i enter a deal. Fully agree with your point.
What i am trying to understand is what costs are associated with pulling one deal together: contract costs, advertising costs, holding costs, etc.
This will help me determine if VF is appropriate for my needs. Do you have a ball park figure of what they may be?Albro
Paul and Richard,
I really appreciate your help. Thanks very much.
I get the feeling there are plenty of different takes on how to a vendor finance. But does the following method and rough expenses look appropriate:
look for someone wanting to sell their property on vf
place an option on that property: $1200 (contract)
advertise the property: say $1000
find a new tenant/owner and sign them up: $1000Is this roughly what i would be looking at?
Albro
Richard,
To your knowledge and best estimate what are the costs associated with putting together contracts that comply with the NCCP?Albro
