Thanks for the info... I'd like to go for installment Sales Agreement but yet I don't know where to go about finding a seller, most that I had come across they not willing to enter into such method or way, so I was wondering if you would share with us where or how do we go about finding sellers who wants and willing to enter into installment Sales Agreement contract
Look for a property where the bank won't give a bond. Like a vandalised place or a property without building plans. Also commercial buildings are easier to get on installment sales. We had a webinar where we covered some of these tips. Check out this link. You can skip to around 30mins mark ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-bbw9rZJGZWg.html
Very informative yet again, question : who's responsability is it to record the instalment sales at the deeds office? The conveyancer? And if not recorded, is the agreement not a binding document?
Anything is negotiable in an installment sale. So you can pay the agent and deduct from purchase price or the seller pays from the deposit. Whichever will cover the agent and they agree to will work...