RESALE FINANCING Siam Real Estate's Easy Buy Program
Speaking to Richard Lusted from Siam Real Estate on market trends, he was quite vocal that two years ago the lion's share of transactions were off plan and now in an absolute turn around now they are dominated by resale's. Back of buyer feedback the firm has now created a program called Easy Buy, where 50% of a transaction is paid and the remainder payable on flex plans up to 3 years.
Terms are interest free if the balance is paid over the first year otherwise a fixed interest rate applies with monthly payment and then a balloon due on expiration. Land titles are held in escrow to ensure security.
It's an interesting incentive and according to Richard, the take up from purchasers has been significant. More details of the plan can be seen by clicking on:
<link>http://www.siamrealestate.com/info/easybuy/*Easy Buy Terms</link>