FREE 12+ Sample Installment Sales Contracts in MS Word | PDF | Pages

Installment sales contract by definition is a contract in which buyers can be able to possess or own the real estate or anything that the buyer purchases through an installment basis. According to Investor Words, however, in real estate specifically, even though the buyer can immediately take ownership, the seller would still have the title or the deed of the property until the full payment has been made.

As there are a whole bunch of examples when it comes to installment sales contract, most especially when purchasing high-end technology gadgets, cars, and into almost anything with high and significant value. You can also check out our Sample Contracts for your convenience.

Simple Sales Contract Template in iPages

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Sales Contract Template in Google Docs

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Used Car Sales Contract Template in Google Docs

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Retail Installment Sales Contract

Motor Vehicle Installment Sales Contract

Retail Installment Sales Contract Form

Real Estate Installment Sales Contract Form

Installment Land Sales Contract

If, for example, you are very much interested on buying a brand new car or perhaps that high-end brand new mobile phone and you opt not to have the one-time payment option for some reasons, then you can definitely have the option to pay it in installments.

Though it may sound as simple and as easy as it could be, it is not all that. You have to be very careful when it comes to making these kind of transactions. And one of the major reasons why installment sales contracts exists is to protect consumers and buyers. So without further ado, here are some tips and things to consider before getting an installment plan to make your experience on making an installment plan a pleasant one. You can also check out this page’s Sample Lease Contracts that you might find helpful on your journey.

• Your own credit report – even though most people would have given it little to no importance at all or the attention or the importance that it needs, it is highly recommended that you get to get a hold or at least a copy of your credit report. For according to Entrepreneur, these credit reports are what lenders will use to determine the amount of which they can lend you with.

Installment Sales and Security Agreement

Installment Sales Contract Sample

Installment Land Sales Contract With Power Agreement

Installment Sales Income Contract

• The Status of Your Employment – you may believe it or not, your employment status actually plays a lot when it comes to lenders checking your eligibility for paying back the money. Most lenders would actually prefer those buyer or consumers who already have a well-established and stable source of income. Other than that, lenders would also prefer if the consumer or the buyer has stayed on his employment for more than six month to make sure that he or she can be able to sustain. Another good example is our number of impressive Sample Sales Contracts that you might find useful and helpful.
• Matching the Lender and the Credit Score – there are some banks, business entities, or lenders that would not allow or grant an installment loan if you have not or if you are not able to keep a certain number on your credit score, due to the fact that it is the credit sore that will determine your installment loan. Interesting enough, this is also the rule of thumb for most banks.
• Debt-to-Income – another indicator or category on whether you can increase your chances of getting the installment plan that you wanted or not getting it at all.