Cool, Green and the best Coffee in the world
CASH....keep it simple, things can get very complicated very fast....
We wouldn't be interested in seller financing. When/if we purchase, it'll be cash only.
In my opinion the seller puts himself in a very precarious position in Panama by offering "seller financing". Panama is a low recourse country meaning there is not much of a judicial system here. And if the buyer defaults, what do you do? Especially if you're not in country.
Definitely a great price for a cash purchase!
interesting question - since many properties are held in a corporation - how would that work with the seller financed offer?
Yes, it does help sell houses much faster... and for your asking price. You will usually get 20-30% down.
You can always sell the note later to cash out completely.