Sellers with Fully Paid-Up Properties
I own my property outright and want to explore alternative selling options.
Sellers who own their property outright may create monthly income and broaden buyer interest through an Instalment Sale Agreement.
The Challenge
What This Scenario Looks Like
Traditional sales can be slow and depend on buyer bond approvals, price negotiations and market timing.
How an Instalment Sale Agreement May Help
A RentAssist Instalment Sale Agreement allows the seller to receive a deposit, monthly instalments and a balloon payment under a professionally documented structure while typically retaining ownership until settlement.
Potential Benefits
- Potentially broader pool of buyers
- Structured monthly income during the term
- Ownership generally retained until settlement
Things to Consider
- Transfer of the property is typically deferred
- Buyer selection, legal structuring and compliance are essential
A Practical Example
A fully paid-up owner agrees an Instalment Sale with a buyer, receives a deposit and monthly instalments for the agreed term, and transfers on final settlement.
Frequently Asked Questions
Do I remain the registered owner?
The seller generally remains the registered owner until the purchase price and contractual obligations are fulfilled.
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.