Dec 13

Low Deposit Homes

Low rates have a high price tag for first home buyers

The value of housing loan approvals continued its upward trajectory in October, particularly for investors. But for first home buyers, it was an entirely different story: their activity has never been weaker.

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Apr 16

Even one of the biggest Aussie Developers do it

Vendor Finance

At Meriton we are able to assist clients in purchasing a Meriton apartment by offering a low cost mortgage loan. Whether you are a resident or non-resident, investor or owner, Meriton Property Finance will gladly consider your application. Read the rest of this entry »

Mar 17

When do I pay Stamp Duty?

Stamp Duty and Vendor Finance across the land.

In all  states Stamp Duty is payable on the purchase price or the value of the property, which ever is greater ( the government always wins ). The stamp duty is always payable but is due to be paid at different times according to the paperwork you use and the state you are purchasing in. Read the rest of this entry »

Mar 17

An Introduction to Vendor Finance for Real Estate in Australia

An Introduction to Vendor Finance for Real Estate in Australia

There are many reasons why vendor finance is popular with buyers and sellers, and why vendor finance has been popular for the sale and purchase of real estate in Australia for many years.

These topics are covered in this introduction:

  • Why do buyers and sellers choose vendor finance?
  • Why are Instalment Contracts, Rent to Own and Deposit Finance popular forms of vendor finance for buyers and sellers?
  • How has Vendor Finance been used for over a century for the sale and purchase of Real Estate in Australia?
  • Vendor Finance as an investment strategy

Why do buyers and sellers choose vendor finance? Read the rest of this entry »

Mar 15

Getting the Basics Right: What is Rent to Buy?

Lease Option

If you are new to real estate, the term “rent to buy” can be quite misleading. It implies you are renting a house and buying it afterwards. That is only half right: A rent to buy contract can be dismantled into 2 parts:

1. A lease arrangement and

2. An option to purchase. Read the rest of this entry »

Mar 15

Warning on ‘risky’ We Buy Houses scheme

Warning on ‘risky’ We Buy Houses scheme

Date 

Chris Vedelago

Helping families realise the Australian dream, or a risky investment scheme?
Helping families realise the Australian dream, or a risky investment scheme? Photo: Paul Rovere

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Mar 15

Get on the property ladder with a rent-to-buy option

29th June 2012

Get on the property ladder with a rent-to-buy option

There’s a little-known way of getting a start in the property market that allows aspiring property owners to get a toehold in the market without having to save a sizeable deposit. It’s called rent-to-buy and it’s essentially a form of vendor finance. Here’s how it works. Read the rest of this entry »

Mar 15

Advantages & Disadvantages to Vendor Financed Homes

Vendor financing is a strategy that involves the home seller accepting payment directly from the buyer instead of using a bank or mortgage lender to finance the purchase. This strategy may be appropriate for a seller when demand for housing is low, and for a buyer who may have difficulty obtaining traditional financing. Vendor financing can have advantages and disadvantages for both buyers and sellers. Read the rest of this entry »