Attention Domainers and domain brokers:
We would be glad to hear from you. Interested parties should contact us via our email to request a free telephone consultation.
Ownerfinanciers.com was founded on the idea of owner financing domain names directly to the buyer from the seller as another alternative to buying and selling domain names without having to obtain a conventional loan or "putting cash on the barrel" to purchase. This method makes purchasing easier for a buyer and perhaps a few extra dollars for the seller over the course of the terms of the loan.
We are a trusted domain name escrow and holding service and will work directly with the buyer and seller to ensure all transactions go smoothly throughout the financial terms of each deal made.
How it works:
Sellers list their names with us and set their expectation prices and have the option to define their own custom monthly payment terms ex: 6, 12, 18, 24, 36 etc... months to pay.
Buyer subscribes monthly to a name purchase and agrees to sellers payment terms. 1st month payment is the initial retainer for purchase.
Seller moves domain name to our administration and holding account.
OwnerFinanciers.com collects, transfers, sends and manages all payments due between buyer and seller during the entire duration of financing.
After final payment is made we will only then move the domain name to the buyers administration.
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Provided the seller has not specified any custom terms here are some of our default financing variables with more details:
0% financing
1st month as down payment
Number of monthly payments determined by seller
Domain is transferred to OwnerFinanciers.com holdings
Name servers change to buyers at the start of our holdings.
Balance defined throughout months to pay
Seller paid monthly. No Escrow!
No pre payment penalties
Case of buyer defaults - see terms. Some cure time is allowed however if the buyer forfeits loan the domain is returned to the seller. Any funds paid are kept by seller.
Payments are non refundable. Commissions only kept on funds to date paid.
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Scenario of a successful transaction:
$2,300 domain sale
1st month payment retainer
Balance due as defined by seller. 12 months@ $191.67 per month or if the seller allowed 18 months this would be @ $127.78 per month.
Paid in full - domain transferred to buyers administration
Seller received all payments prior by the month
Transaction is now complete.
Scenario of a forfeited transaction:
$2,300 domain sale
1st month payment retainer
Balance due as defined by seller. 12 months@ $191.67 per month.
at 5 months buyer defaults and does not cure late payment(s) see terms
$1341.65 defaulted. No payout to the seller on balance due.
Domain returned to seller and 5 payments to date are kept. Commissions are based on payments to date not entire transaction of sale.
Transaction complete
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