Best Vendor Finance
Institute
Vendor is a person who is selling their property and the person
who is purchasing the property is the purchaser.
When we are
buying a property that involves lot of cash and a good amount of
investment as the real estate market...
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Best Vendor Finance
Institute
Vendor is a person who is selling their property and the person
who is purchasing the property is the purchaser.
When we are
buying a property that involves lot of cash and a good amount of
investment as the real estate market is growing and the rates are
property are high and in this it may happen you would not have
that amount in liquid cash and thus that is when the vendor
finance institute comes in to existence.
In this vendor finance
scheme the vendor that is the seller pays the amount on the
behalf of the purchaser.
In this people agree on the terms and the conditions that are set
by the vendor then only the deal is taken further.
Till the time the
whole amount is paid by the purchaser to the vendor the property
remains on the name of the vendor and when the whole amount
is paid the property is transferred to the purchaser.
Purchaser is
allowed to use the property till that time.
This is a very
convenient option for both the parties and it is b
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