Hi,
My grandfather is moving into a nursing home and since the house is out of my price range I was thinking of asking if I could purchase it via vendor finance say 26% payable in 5 or 7 years. I am however curious how the banks deal with vendor finance and what their views are on it.
Thanks,
Pablo.
My grandfather is moving into a nursing home and since the house is out of my price range I was thinking of asking if I could purchase it via vendor finance say 26% payable in 5 or 7 years. I am however curious how the banks deal with vendor finance and what their views are on it.
Thanks,
Pablo.