All Topics / Creative Investing / Vendor leaving money in the deal

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  • Profile photo of nigenige
    Member
    @nige
    Join Date: 2004
    Post Count: 1

    [specool] Purchaser has finance approval for 95% LVR and vendor is willing to leave 11% in the deal as deposit to complete sale and provide a win win situation. What is the best way to word a condition in the contract to guarantee the vendor will not be out of pocket.[skull]
    Or any ideas how to best go about this sale.

    Profile photo of Stuart MilneStuart Milne
    Member
    @stuart-milne
    Join Date: 2006
    Post Count: 196

    Contact me off forum for further information in regards to this.

    I will be hapy to supply the information you require.

    Stuart Milne
    Non-Conforming Specialist
    READY Mortgages
    http://www.readymortgages.com.au
    [email protected]
    Mob: 0404 056 055

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