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And some of their advertisers may not be too keen to see vendor finance become too mainstream :-) Cheers, Paul

Hi Dave If they've got the lawyers to draw up an Instalment Contract (IC) that's fully compliant with the NCCP Act 2009, more power to them. Currently there's only really one solicitor in Victoria that draws up IC's on a regular basis, so another entrant into the market place can only be a...

Our solicitor charges us $1,200 to draw up the Instalment Contract and act for us to get the contract 'exchanged'. Cheers, Paul

Hi Bman I'm not an accountant so take the following with a pinch of salt and check with your relevant professional ;-) If you sell the block of land with an Instalment Contract it is likely the transaction will generate positive cash flow and will therefore be viewed as an income producing...

Hi In the recent past I've noticed a increase in the number of people 'having a go' at selling a poorly performing IP with vendor finance. There are some important compliance issues involved in this process, so I've started a newsletter to help cover these issues. It's called N2P News...