Sellers Requiring Monthly Income
I prefer receiving monthly payments instead of the full purchase price immediately.
Structured monthly instalments may support specific financial planning objectives.
The Challenge
What This Scenario Looks Like
Some sellers do not need a lump sum and would prefer predictable monthly cash-flow for lifestyle, retirement or planning reasons.
How an Instalment Sale Agreement May Help
An Instalment Sale Agreement converts the sale into a deposit plus fixed monthly instalments over an agreed term, followed by the balloon payment.
Potential Benefits
- Regular monthly income during the term
- Purchase price agreed at the outset
- Professionally documented payment schedule
Things to Consider
- Independent financial and tax advice is recommended
- Buyer affordability must be robust for the full term
A Practical Example
A retired owner sells through an Instalment Sale Agreement to secure monthly income while retaining ownership until final settlement.
Frequently Asked Questions
What if the buyer defaults?
Default remedies are dealt with in the signed agreement and applicable law. Each transaction is legally structured to protect both parties as far as reasonably possible.
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.