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Buyer's Notice of Intent to Vacate and Surrender Property to Seller under Contract for Deed Rhode Island  Form

Buyer's Notice of Intent to Vacate and Surrender Property to Seller under Contract for Deed Rhode Island Form

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when I sell our finance my property what happens if the buyer stops paying hi I'm Nate with key renter and if you're exploring seller financing this is always going to be a question that comes up what happens if the buyer stops paying what what do we do at that point so the first thing I want to share with you is that a buyer versus a tenant is much different because the buyer has a lot of skin in the game so it's a lot less likely that a buyer is going to default simply because they have put ten fifteen sometimes even twenty percent down on the property so selling a home for $300,000 they put thirty to forty thousand dollars down that's a substantial amount to walk away from so if they stopped paying they would essentially be losing that money that you captured now just a side note a lot of investors look at when it when a tenant or excuse me the buyer stops paying as a good thing because they have that money on the front end that if the buyer stops pay

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