|
| The tax aspect benefits the seller. The interest rate could be somewhere between fixed rates and CD rates. Little cheaper for the buyer than going to the bank, and little higher return for longer duration for the seller than bank CD’s. An aspect that could greatly benefit the buyer is a negotiated low down payment, potentially much lower than conventional financing would require. Default risk transfers to seller in this manner. Everything about a contract is negotiated. In reply to gofur above
Edited by Boone & Crockett 2/3/2024 13:53
| |
|
Quit bringing up high rents
