Aussie the giant Australian home loans specialists, recently published the following article on their blog: How do Rent To Buy schemes work? While they offer a different way to get on the property ladder, rent to buy or rent to own schemes won’t be for everyone. Rent to buy is… Read more »
(Posted with permission from Paul Dobson) The Tasmanian office of Consumer Affairs and Fair Trading, recently wrote this in regards to an ad for a property being sold with and Instalment Contract: ‘The Office of Consumer Affairs and Fair Trading in Hobart has received a complaint relating to the advertising… Read more »
How did this family avoid mortgage disaster and walk away with their equity in cash? By using a vendor finance strategy and some creative renovating, The Property Solutions Guy help this family change their lives. Click here for the full True Story.
The VFA (Vendor Finance Association) is a non profit organization run by industry members to promote professional, safe and fair conduct within the industry, while protecting and promoting the interests of Vendor Finance in Australia. The following is from their website http://vendorfinance.asn.au/ History of Vendor Finance in Australia Although Vendor Finance… Read more »
Tony Cordato is one of Australia most respected Vendor Finance lawyers. Here is how he explains how you can use this strategy to buy a home without having the huge upfront deposit required by the banks: Deposit Builder – the new vendor finance strategy The highest hurdle home buyers face… Read more »
This post has been adapted from: http://mycra.com.au/blog/2013/03/spike-credit-defaults-gen-part-housing-crisis/ Gen Y: Our future home owners It’s a fact of life -most of todays Gen-Y’ers are drowning in debt! Gen Y – are reaching their late 20’s. They are the future of our housing market! But what is the outlook like for you….? Credit… Read more »
Is it true? Can you really buy a home without going to a bank for a loan? That’s kind of a loaded question. But the answer is definitively Yes with a ‘But’…. There are certain home owners who may be happy to let you pay off the entire price… Read more »
What about the legal side of buying without a bank? What about all the SCAMS I’ve heard about? Buying a house where the seller (the Vendor) provides the Finance (aka Vendor Finance) is perfectly legal when done correctly. In fact it has been practice since the early 1900’s. (Really… Read more »