For Buyers
Buy Property Through Negotiated Instalments
RentAssist helps qualifying buyers acquire property through a structured Instalment Sale Agreement — a negotiated deposit, fixed monthly payments and a balloon payment.
Benefits
What Buyers Can Structure
Agreed deposit
A negotiated deposit is paid on commencement of the agreement.
Fixed monthly payments
Monthly instalments are agreed upfront across the term.
Balloon payment
The outstanding balance is settled by a final balloon payment at the end of the term.
Potential zero-interest structure
Zero interest may be negotiated between the parties, subject to the final agreement and applicable legal requirements.
Fixed purchase price
The purchase price is locked in at signing rather than tracking market movements.
No automatic bond requirement at commencement
A traditional bond may not be required to begin the transaction, though it may be needed to settle the balloon.
Buyer Responsibilities
What Buyers Need to Plan For
- Buyer responsibilities for rates, taxes, insurance and property costs where required
- Affordability of the monthly instalment must be assessed honestly
- The balloon payment must be planned for from the start
- Legal consequences of default must be understood before signing
Instalment sales are not suitable for every buyer or every property. Legal, affordability and property assessments apply to every transaction.
Next Step
Discuss a Structured Purchase
Book a consultation to discuss whether an instalment sale structure could work for the property you have in mind.