Can I buy a house if look after someone else's mortgage?

By: Cordato Partners, Business Lawyers, Property Lawyers and Tourism Lawyers  14-Apr-2011
Keywords: Vendor Finance, Lease Option

 

Yes - you can look after someone else's mortgage!

Visit the News tab on my vendorfinancelawyer website to find information on the new Commonwealth Government advice in the National Consumer Credit Code to permit this.

The advice is given to all borrowers who can not make the repayments on their mortgage - to find someone you can give an option over the property and who can make the payments.

All you need is the paperwork and the lender's permission.

Ask me for details!

Keywords: Lease Option, Vendor Finance

Contact Cordato Partners, Business Lawyers, Property Lawyers and Tourism Lawyers

Email

Print this page

Other news and updates from Cordato Partners, Business Lawyers, Property Lawyers and Tourism Lawyers

11-Apr-2014

The tax advantages of carrying on a rental property business

How to upgrade from being a property investor into the rental property business.


The Landlord's Guide to Renting from Cordato Partners, Business Lawyers, Property Lawyers and Tourism Lawyers thumbnail
26-Apr-2012

The Landlord's Guide to Renting

Are you a landlord? Are you looking for something about Landlord's Rights, not Tenant's Rights? Something written for the Landlord, rathert than the Tenant? Sign up for my FREE newsletter The Landlord's Guide to Renting by visting www.propertyinvestmentlawyer.com.au


01-Feb-2012

Property Investment Solutions

Legal solutions for property investment puzzles


06-Sep-2011

CASHFLOW IS KING!

Why not try positive cashflow for real estate investment?