Hello Again All
Well let me update you, two years ago my mum got a mortgage for me on a property using her home as collateral in Traralgon.
I have renovated thoroughly and will make a $35k (I hope) profit when I sell.

I am relocating to Queensland for a lifestyle change (my brother and his family there at the start of this year).

Mum isn’t working anymore and isn’t willing to use her home now as a guarantee for me..

I will be seeking vendor finance, or rent to buy for a $200k approx property around Deception Bay Qld.

I anticipate having a $20k deposit, but as an ex bankrupt I still don’t like my chances of getting a bank loan.

Suggestions?

Anyone interested in financing me?

Email me at [email protected] I can provide payslips and mortgage statements showing my payment reliability and am confident in my ability to quickly secure a job in Qld, based in current vacancies.

Please Contact me to discuss further.

Thank you in advance!

Emma

Thank you so much for all of your reponses – I am learning all I can about vendor financing.

I have one important question – does the vendor own the house 100% before they can finance it to me? or is there a risk that they could default and I could lose the house?

Houses in my area can easily be bought under $100k so I don't think i will have trouble finding one.

Have had two parties contact me from this site – and I hope I can work something out to get myself a house!

Thanks again )