szeki

It will not work in Malaysia, perhaps other country but definately not Malaysia.

First of all, your concept is good but to for 25 years of loan, who can gurantee the furture.

Secondly, your concept only "BEST" benefit the owner not the purchaser. Purchaser service the loan half way, lose his ability to pay, he default on your payment, breached the contract. He lose everything.

If your concept can work, I got 11 properties in hand to sell using your concept.. but who's willing to buy right ?

Last but not least,

1)Puchaser has the beneficial ownershop of the property. THis allows him.her to rent the property or sell it.

Purchase must have a PA from you as the owner for him to sell the property, and I'm not sure are you well versed with the law, just to share with you a PA can easily be challenge in court and worst scenario if you do a irrevokable PA to your purchaser, he or she can just sell the house without your consent at all and you don't get anything after he sell it which benefits the purchaser. As an owner, are you willing to do that ?

Your concept got too many loop holes in the legal matters, and don't tell me you're going to buy the property with cash as an owner then re-sell it through your methods ? If you have a bank loan on that property, you will definately need the bank's consent to empower it to another person which usually is likely to fail, plus without any empowerment of rights on that property, who's that stupid to buy from you over some contracts which can easily challenge in court ?

Think again ???

Just my 2 cents.

MeLz