Rickster123 replied to the topic Vendor Financing Commercial Property in the forum Commercial Property 14 years, 9 months ago
Hi PaulThanks for your email. At this point, the most likely methods would be either Instalment Sale or Second Mortgage Carry Back.Since these methods are rarely used here in South Africa, I'd like to develop a few viable strategies, with which I could approach the market. I would like to educate myself accordingly, since I'm beginning to build a…[Read more]
Rickster123 replied to the topic Vendor Financing Commercial Property in the forum Commercial Property 15 years ago
HiThanks for your reply, as well as the offer of a template. I'm busy negotiating to purchase a commercial property and may take you up on your offer early in the new year.Were you looking to sell a property on this basis? I'd like to chat to you about a few of the ins and outs of the process, in an effort to hone a viable concept that I can use r…[Read more]
Rickster123 replied to the topic Vendor Financing Abroad in the forum Help Needed! 15 years ago
Thanks.Essentially, I need some pointers on the actual mechanisms and documentation / contracts that would accompany this form of investment. I own a portfolio of residential property, which I thought I might sell on this basis. Possibly on an Instalment Sale basis.