The seller of this domain name is willing to accept installment payments on this sale so that you can rent to own the domain:
Once sold, the domain is put into escrow. As soon as the initial payment is processed, the escrow service will change the nameservers for the domain per the buyer's request (allowing an immediate use of the domain) and release the money to the seller. If the buyer pays the remaining balance before the deadline then the escrow transfers the domain to the buyer and releases the balance to the seller. If the balance goes unpaid past the deadline, or an invoice is not paid on time, then the seller keeps the money already received and ownership of the domain is returned back to the seller.
Seller financing limits buyer risk and allows buyers to acquire domains they could not previously afford with 100% money down. You will be walked through the payment plan setup once the domain is purchased. There is no extra charge.
This is the payment plan the seller suggests:
First 3 installments need to be prepaid
Number of installments
With remaining balance
5% per year
Agreement is transferable
The APR (Annual Percentage Rate) is a percentage that covers inflation and interest. On January 1st of every year (for sales older than 6 months) the escrow will increase the remaining balance owed on the domain by this percentage and adjust the remaining installments accordingly.
The agreement is transferable so if you are either no longer interested interested in the domain, or can no longer pay the invoices, you can find another buyer who is interested in paying the remaining balance to use the domain and optionally buy it. The escrow service will charge the new buyer a $100 fee to transfer the agreement.
If the payment plan does not match your needs then contact the seller with your suggestions.
100% SECURE - Domains placed in escrow with a 3rd party service until the transaction is complete.
- No way for the owner to cancel the sale or change the sale price once the first payment has been made and the domain is in escrow.
NO OBLIGATION - You are not obligated to complete the purchase.
- You can stop the transaction immediately and at any time with no penalty fee.
LIMITED RISK - You can transfer the purchase to another party at any time. This enables you to resell the domain before the transaction has completed.
FLEXIBILITY - Accelerate the completion of the sale by paying the remaining balance at any time.