Many a times it happens that we plan to buy a property and buying a property includes a huge amount of money and that is why Vendor finance is very important and very helpful as well.

1. Vendor Finance Great New Scheme to Helps
People
Vendor finance is a great new scheme which helps people who
are going to buy the property or a home it depends on the
people who are buying and selling the property to use this
scheme or not and vendor has to be fine with this scheme and he
should agree and then only they can use this. Many a times it
happens that we plan to buy a property and buying a property
includes a huge amount of money and that is why Vendor
finance is very important and very helpful as well.
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.