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      Finance, Money and Ownership 02/21/2012
      1 Comment
       
      Original questions posted by Braam <removed>

      Good day

      Question:

      1.       How do you finance such transaction?

      2.       Where do my money goes which I invest?

      3.       When do I take full ownership of the house?

      4.       Who’s attorneys facilities the transaction?

      Regards

      Braam
      Logistical Manager
      Cell: <removed>
      Tel : <removed>
       


      Comments

      Frank Steyn link
      02/21/2012 05:37

      Hello all.

      I had some good and specific questions emailed to us today so I decided to post this in our blog for everyone's benefit.


      1. How do you finance such transaction?
      This is a lease purchase and thus finance is delayed.

      2. Where do my money goes which I invest?
      Braam, if I understand what you are asking then the funds you commit to the deal are part of the purchase and therefore are deducted from the total purchase price of the property.

      3. When do I take full ownership of the house?
      This is up to you, and this is ultimately one of the powerful benefits of this method.

      You control the deal, and you decide when it suits you to move ahead with full ownership within given parameters. If you are not ready or the bank is not giving you the conditions and terms such as interest rate or finance you prefer then you can wait and do this at the best time that suits you.

      Notice how much control you have? This is all discussed and taught in both the course and the book.

      4. Who’s attorneys facilities the transaction?
      You could use your own attorney however in the book "Buy Your House Without the Bank in Less Than 30 Days" I refer you to someone who I prefer as a trustworthy and competent professional when it comes to such a specialised deal.


      All the best
      Frank

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        Frank Steyn blogs about the bond-free process and how you can achieve results for yourself too!

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