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Subject:
"Creative Financing" for Purchase of Beach Home in Mexico
Category: Business and Money > Finance Asked by: californiantirol-ga List Price: $10.00 |
Posted:
17 Jul 2006 13:05 PDT
Expires: 16 Aug 2006 13:05 PDT Question ID: 747140 |
I'm making an offer on a beach home in Baja, Mexico. The seller has agreed to a $400k sales price and wants $130k down. They've asked me to propose a payment schedule for the remaining balance--and they won't give me any guidance. I know that anything is negotiable, and I'd like to propose the best possible deal for me without being outrageous enough to alienate the sellers. I know this is a completely subjective question, but any recommendations on payment terms would be appreciated. (My intention is to sell either part or all of the property within 5 years.) | |
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