Distressed Property Owners
Selling quickly isn't the only solution.
An Instalment Sale may be worth considering when a property isn't attracting buyers and a heavily discounted sale is not the preferred route.
The Challenge
What This Scenario Looks Like
Owners under pressure to sell often face the choice between accepting a heavily reduced offer or waiting indefinitely for a qualifying buyer. Where the property has little or no bond outstanding, that trade-off is rarely necessary.
How an Instalment Sale Agreement May Help
A RentAssist Instalment Sale Agreement may open the property to buyers who cannot immediately secure bank finance, allowing the seller to agree the purchase price up front and receive structured monthly payments in place of a discounted lump sum.
Potential Benefits
- May avoid heavily discounting the asking price
- Regular monthly income in place of a once-off lump sum
- Expands the pool of potential buyers beyond bank-qualifying applicants
- Purchase price agreed at the start of the transaction
Things to Consider
- Best suited to properties with little or no bond outstanding
- Transfer is typically deferred until settlement
- Each transaction is subject to legal, financial and commercial review
A Practical Example
An owner whose property has been listed for many months without success re-positions the sale as available on an Instalment Sale basis, agrees the asking price with a qualifying buyer and receives structured monthly income during the term.
Frequently Asked Questions
What if I still have a bond on the property?
An Instalment Sale is generally most suitable where the bond is small or fully settled. RentAssist reviews each case individually.
Next Step
Discuss Your Property Situation
Contact RentAssist to explore whether an Instalment Sale Agreement may be suitable for your specific circumstances. Each transaction is subject to legal, financial and commercial review.