Vendor finance has always been used and is now becoming more and more popular for buying and selling real estate in Australia.  This has been an accepted way to buy property in Australia for over a hundred years.  Vendor Finance generally suits people who can’t get a home loan at the same time that they need a home and the process does not involve banks or real estate agents.
 
It can be a very effective property investment strategy for the following reasons;

    Vendor finance can help solves issues for buyers with low deposits, minor credit defaults or a lack of equity
    Vendor finance allows buyer sto move in  as soon as they satisfy the seller’s requirements
    It can work for investors who are self employed who may have insufficient financial records to obtain a loan from a financial institution.

When you buy your house with Vendor finance, you will receive a Contract of Sale that includes additional information about your loan repayments.
 
You will receive regular statements which has the additional benefit of assisting you in refinancing with another lender, which you are entitled to do at any time.

I had a property which was about 100 kms. away from my work place and therefore, I decided to purchase a property near my work place as the distance was more. I searched for many properties nearby but was not able to get one near the work place. Then I heard of Paul and Karen who help in buying / selling properties. I contacted them and they helped me to get property near my work place at suitable rate and as per my choice.  

During our discussion I informed them of having property, which is lying idle and asked them if there is any chance to generate positive cash flow from it. I was not able to take proper care of the property as being away, it was a day’s job to go there and get it cleaned.  

They told me that surely there can be positive cash flow from it and I gave them the details. Now, the property is in use and amount is transferred to my account every month. I never had to follow up with them for it.

I have got this positive cash flow without much search and am very glad with it.

When you buy a home you are known as the purchaser and the seller is known as the vendor. In general, most purchasers don't have enough money to purchase the property outright and need access to a provider that can offer finance.  Vendor finance is most commonly used for large scale apartment developments.

Vendors provide finance based on a per-determined set of terms and conditions which are often stated in the contract of sale. If you use vendor finance the title to the property stays in the vendor's name until you have made all your repayments and fulfilled your obligations under the sale contract. Vendor finance is very similar to a lay-by transaction as you make repayments, except you can live in the property as you continue to make repayments unlike a lay-by where you need to live the item at the store.

Vendor financiers normally lend up to 80% of the purchase price, although some finance companies will lend up to 90 or 100% if you are willing to take out additional mortgage insurance as well.

When you purchase the house your conveyancer or lawyer will place a caveat on the title.  This protects you from the vendor selling the property or further borrowing against it without your knowledge.

I had planned to invest in a property and at the same time, wanted to make it sure that there is positive cash flow  from it.  Thus, I was in search of someone who will help me in both the matters and ultimately my search ended with the discussion I had with Paul and Karen.  They very understood people and gave me full assurance that I will never be at a loss after dealing with them.  What I had to do was to just keep complete trust in them.

They found a very good property for me and later on I entered into a joint venture with them.  True to their word, till this date I am having positive cash flow from the property I own [which is in a very good location] with their assistance and amount keeps on pouring into my account on regular basis every month without failure.

Now, at this point, I have earned more than what I have invested and if I plan to sell it then I am sure that it will fetch me even double, which is surely a gain.

There is truly a positive cash flow through them

Property lying idle is of no use and in the long run, it gets damaged leading to loss.  I had one such property with me, which I wished to utilize but didn’t know how there could be positive cash flow.

I wanted to give property to someone, who would utilize this properly but was afraid whether they would take proper care of it.  Then, I decided to get in touch with Paul and Karen, who were dealing in this type of business.  They understood what I wanted to do and we decided to enter into joint venture. 

Today my property is well taken care of and my negative geared property has become useful and now, it’s generating good income also.

There is a  positive cash flow , as amount keeps on flowing into my account every month and as they had taken complete care of the transactions, I didn’t have to worry about anything since then. 

After being associated with them, I always thought, why I didn’t think of it earlier, as my property was lying idle since last five years and if I had done this earlier then this positive cash flow would have started much earlier.

My family had shifted to Malaysia before 50 years and we had planned to settle there.  We had property in our hometown and as we had no plan of returning back, we decided to sell the property.  We didn’t have contact with anybody there and thus, had no clue how to get the property sold without being cheated as we were not aware how much our property will cost.

We contacted many real estate agents but the rates offered by them differed from agent to agent and we felt that they were offering very low rates as our property was in the centre of the city.  During that period, someone gave me the suggestion of selling the property through Vendor Finance.

They help us to buy or sell the property without taking much commission and also help us in case of shortage of funds when we go for buying a property. 

I did as suggested and Vendor Finance had helped me in finding a very good customer, who purchased my property much earlier than I expected and that too, at a very good price.  

Indeed as per my knowledge, assistance of Vendor Finance is very good and reliable

When a person is planning to buy a property or a house or anything that particular person is known as the purchaser and the person who is the owner of the property or the house and if he is selling his property then he is known as the vendor. Many a times it happens that the person does not have enough money to buy the property right away and they look for some source to get finance from at that time vendor finance comes in. This is mostly used for some large scale apartment’s developments.

In this the purchaser takes the money as a lone from the vendors and the vendors gives them the money on some predetermined terms and conditions which are set by the vendors. If the purchaser agrees to accept the terms and the condition which are set by the vendors then the money is given to him. . If you use vendor finance  the title to the property stays in the vendor's name until you have made all your repayments and fulfilled your obligations under the sale contract. Till the time the whole amount is not paid to the vendor the property remains on the vendors name but the purchaser can use the property.

I had a property with me which I had been thinking for long to utilize it so that there could be positive cash flow, but I had no idea of how to utilize it as I was staying far away from that location and didn’t have much known ones in its surroundings.   
After discussing with many people around me, one of them gave me a suitable idea of getting in touch with Paul and Karen, who could surely transfer my negative geared property into something useful.  I thus entered into a joint venture with them and am happy to inform that my property which was lying useless since long had certainly generated income more than I ever expected.

Every month amount started flowing into my account.  The interesting part is that I was totally tension free as they took care of all the transaction and I didn’t have to worry anything.   

There was no hassle and the complete transaction was an enjoyable one as I had complete trust in them.

Surely, if they had not given a hand, there would have not been any positive cash flow from the property I owe.
They are very supportive indeed.

Vendor Finance is now known to many of us due to the assistance and help they provide to needy to sell or buy properties. We were always after real estate agents to either buy or sell the properties and thus, had to at times give more commission.
 was planning to buy property but was not able to find suitable one at rate I wished and at desired place. Thus, I contacted a Vendor Finance who understood all my requirements well and helped me to buy the property, which was exactly like the one I dreamed off.

Though I faced some shortage of money, Vendor Finance assured me that I should not worry at all as they will assist me to get the property on installment basis.

Today, I have made the complete payment and the property is in my name. I have got the dream home of my choice and that too at a very reasonable rate, which would have not been mine if Vendor Finance had not supported me.

Till we don’t experience, it’s hard to believe, such was my experience. At first I hesitated, but now I would propose it to all who asks me.

Due to recession, I was finding it very difficult to sell my property. I had contacted lots of real estate agent, but in vain as either the price offered would be less or they opt for high commission because of which the result will be a complete loss on account of sale.  Later on, a known source suggested contacting Vendor Finance who will surely make good the sale and I will never have to regret.

Based on their advice I got in touch with Vendor Finance and today I can say that if they had not suggested, I would have sold my property at a loss. The amount received by me was more than expected and I have never regretted for the sale. On the other hand, I would surely suggest it to each and everyone who prefer to sell their property with good profit. 

Vendor Finance understands our needs and helps us to meet our requirements of either selling or purchasing the property.  negative2positive and JV Property Partners are registered business names of Harson Holdings Pty Ltd of The Harson Trust. 

Be assured and never hesitate to contact  Vendor Finance  for property business – either buying or selling.