“Spot” generally means a vehicle that has completed a transaction within two to three weeks.
Buyers may occasionally ask sellers to extend the closing period in order to exchange time to increase the chances of reselling profits in the secondary market, commonly known as "touching goods" or solving the time required to raise the first phase of funds.
The benefits of spot investment:
- The investment process is extremely low cost and often becomes a substitute for property investment
- Very short closing period
- The government is approaching zero taxation at the time of the transaction
- Mortgage borrowing rate is low
- Zero penalty interest
- High mortgage loan ratio
- Add up to two days
- Contract guaranteed rent
- Convenient management, with service agencies doing troublesome tasks
Sole proprietorship
When the buyer and the seller have reached a consensus on the details of the order amount, transaction price, and transaction date, they can sign the contract and pay the deposit procedure. All processes can be coordinated by the service agencies of the market.
(If the buyer needs to apply for a bank mortgage), the service organizations in the market, including our company, can handle the taxi mortgage scheme of any banking institution in Hong Kong. Buyers only need to submit the designation to the company or directly to the bank before the date specified in the contract. The financial information, after a few days, the company can reply to the buyer's mortgage review results. If the buyer purchases a taxi and the company fails to complete the transaction due to failure to obtain a mortgage, the company will provide the original return guarantee.
The benefits of sole proprietorship:
- Profit does not need to be shared with others
- Sole proprietorship is more traditional and popular among traditional investors
If you have more questions, please feel free to contact us. http://www.sin-tat.com