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  1. Terry_w

    Rent to Buy

    Possibly, but they could have a temp (or long term) impediment. eg. maybe they have just come back from overseas and no job history etc
  2. Terry_w

    Rent to Buy

    I was thinking they had a smaller deposit too. 10% is not bad, but think after 2 years of mucking around and they don't settle and have no other money is it worth it. Also consider stamp duty. Don't know the rules in ACT, but if it was NSW they would have to pay stamp duty within 3 months of...
  3. Terry_w

    Rent to Buy

    What sort of deposit are you looking at? Also, consider that you cannot get blood from a stone! No point in suing and incurring legal expenses if they have no assets which you can take.
  4. Terry_w

    Rent to Buy

    Pedro Doesn't sound too good from your angle. Do the purchasers want an installment contract or a lease with an option to purchase? With installment contracts you will exchange contracts and then have a long settlement - 30 years perhaps. In the mean time you will give them a licence to...
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