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What kind of promissory note do you need for someone who does not have the down payment at the time of the purchase.?
Wiki User
∙ 14y ago
A large stack of benjamins.
Don't owner finance a bike sale, it cannot end well.
If you must, get listed as a lienholder on the title/ pink slip.
Wiki User
∙ 14y ago
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If you sign a promissory note for a down payment on a car and they do not sell you the car is the note still valid?
If you signed a promissory note and the person decided not to sell you the car, you do not have tobpaybthe down payment. The person has already voided the promissory note by not selling to you.
Where can someone go to purchase home gifts?
One can go to their local financial institution or bank to purchase home gifts. The purpose of home gifts is to have the correct amount of money needed for a down payment to purchase a home. One can receive gifted money, and then use this as part of their down payment (home gifts).
When you put a down payment on a car do dealers come down on price?
When you put down a down payment the price is already set. You must get them to come down before you agree to purchase which is what your down payment represents.
How to make a promissory note for the deficit of down payment for the tuition fee?
beg for mercy to your dean and take note, on your knees if you're starting to beg.
How do you get your down payment back on foreclosed property?
Your down payment was used to purchase the property and was paid directly to the seller. You don't get it back.
Is it better to finance an auto purchase with a small down payment and high monthly payments or high down payment and small monthly payments?
It is better to finance an auto purchase with a high down-payment and a low monthly payment, because it is less likely for you to fall behind on your payments and acquire debt.
What type of purchases require a down payment?
Several purchases require a down payment. Some examples are houses, cars and boats. The amount of the down payment is negotiated between the buyer and the seller of the purchase.
What kind of down payment is needed for a home loan?
The average down payment for a home loan is often twenty percent of the purchase price. For example a down payment on a home of $200,000 would be $40,000.
How do you buy a home with no down payment?
You can purchase a home with no money down when you make arrangements with the owner. Some companies will allow you to use your land as a down payment as well.
Can a Veteran obtain a VA Mortgage Loan to purchase a condo on the ocean with 1/3rd down payment?
Can a Veteran obtain a VA Mortgage Loan to purchase a condo on the ocean with one-third down payment?
What is the down payment of 20 percent on a purchase price of 215 000?
43,000
The purchase of a truck with a down payment was recorded as a pure cash purchase this error would cause?
Liabilities were underrated
