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Mastering the Installment Sale
Subscribe Mastering the Installment Sale

Mastering the Installment Sale Mastering the Installment Sale is a 4-week online course. The course teaches how to negotiate and use installments as an alternative method to acquiring immovable property.

This method is often used when:

  • There is no affordability for a mortgage bond
  • Investor does not want further exposure to more mortgage bonds
  • The banks are not bonding
  • The banks are not offering satisfactory interest rates
  • The banks may not give enough finance to bond the property at that time
  • The market prices are depressed and sellers can’t sell their properties
  • The property is over exposed with finance and can’t get a buyer at current market price
  • To avoid repossession when seller can’t pay the bond and there are no buyer at the right price, don’t bond, buyer doesn’t have affordability etc.

What you learn in the Installment Sale Course:

  • When should you use an installment sale
  • What is negotiable and what is not in an installment sale
  • What are your rights as the purchaser
  • What are the sellers rights
  • How to protect the property and contract to ensure transfer
  • What to avoid in an installment sale
  • All the details of the installment sales including payments, interest, conduct, breach etc
  • … and much more

It is easy to do the course. Once you book by ordering the course, you login to campus and do all the lessons in 4 weeks at your own leisure and in your own time, any time for the duration of the course.

You can view and review lessons as you need and ask questions in the forum if you need assistance from a lecturer.

Because the course is online you are always guaranteed the most updated information that we publish.

The course will give you everything you need to know to start looking for and negotiating installment sale property purchases, or even sell a property on an installment sale. You will know everything you need to know (even be able to help your family and friends with the knowledge you have, and they will thank you for it). 

Who should attend Installments Sale Course?

  • Property investors that wish to engage in installment sales rather than get mortage bonds for properties.
  • Estate agents that wish to use the installment sale strategy to sell more property when buyers can’t get mortgage bond or the mortgage bond offers are not attractive at that point in time.
  • Home owners that wish to buy a property when they can NOT afford a bond or the interest rate may not be attractive at that time.
  • Anyone that wants to buy or sell an immovable property in installments. 
campus_testimonials.jpg Read articles on this subject Take a Look at the Curriculum Book Now

 

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Subscribe Fundamentals
Some of the topics discussed in this lesson:
  • How can you buy a property without a bond
  • When can you do this
  • When will a seller agree to this
  • What are the requirements to do this
  • What are the basic rules of an installment sale
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Subscribe Installment Sales According to the Act
Some of the topics discussed in this lesson:
  • How is the purchaser protected in an installment sale
  • How the NCA affects installment sales since 2007
  • On what type of property and land can the Installment Sales be used
  • When you can NOT use an Installment Sale
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Subscribe Installment of Non Registerable Land
Some of the topics discussed in this lesson:
  • How and when you can buy a property that can NOT be registered at the Deeds Office
  • How are back-on-back sales done on installments and the complications
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Subscribe Formation of Installment Sale Agreements
Some of the topics discussed in this lesson:
  • What you need to include in an Installment Sale contract
  • What you can negotiate and what is none negotiable
  • Who pays costs
  • When is transfer duty payable
  • What you are NOT allowed to have in an Installment Sale contract
  • When can an Installment Sale contract be nullified
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Subscribe What is NOT allowed in an Installment Sale

Some of the topics discussed in this lesson:

  • Clauses and undertakings that are not allowed in an installment sale
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Subscribe Requirements for Disclosure
Some of the topics discussed in this lesson:
  • What buyers must disclose
  • What sellers must disclose
  • Sellers obligations
  • How can a buyer cancel the contract and in what conditions
  • When, if and and how to cancel the contract if the bond is higher than the purchase price
  • How does the ACT protect the buyer for the duration of the contract
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Subscribe Statements of Accounts

Some of the topics discussed in this lesson:

  • What are certificates and how to work with them to protect the contract
  • What are statements
  • Why are statements important
  • How statements are different from certificates
  • What are consequences of not providing statements
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Subscribe How to Record a Contract

The MOST important LESSON in the Installment Sale course, is this one.

The entire procedure, considerations, and options to opt out of a contract before it become final and binding and how to protect the property under this contract before it transfers to the new owner.

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Subscribe Payments and Interest

Some topics discussed in this lesson:

  • What are the rules of interest rates
  • How are interest rates calculated in installment sales and how often
  • When to pay the installments and rule
  • When you are NOT allowed to pay any portion of the purchase price
  • When interest doesn't need to be paid 
  • When and how you are allowed to pay more or early
  • How and when you can get a mortgage bond to take transfer
  • Is the seller allowed to get a purchaser a bond and when
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Subscribe Purchaser and Seller Rights

Some of the topics discussed in this lesson:

  • Can a purchaser demand transfer?
  • Can a third of forth party purchaser demand transfer?
  • What are the rights of the purchaser?
  • Can a seller cancel a contract?
  • What are the rights of the seller?
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Subscribe Transfer Upon Insolvency of the Owner

Some of the topics discussed in this lesson:

It can be argued that the highest risk of installment sale is that the owner or an intermediary can become insolvent before the property transfers.

This lesson details what can be done in this situation, what would one need to take transfer and how the Act protects the buyer in such cases.

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