Reverse purchase property transfer transaction and method of administering same

A method for selling a piece of property by a seller to a buyer, comprising:

• establishing a value for the property that generally results in a discounted value;
• setting a term for installment payments on said discounted value for the property;
• receiving installment payments on said discounted value for at least a portion of said installment period;
• and
• prior to completion of said term, selling said property and providing at least a proportional share of any proceeds from the sale of said property to the Buyer or in the alternative, upon completion of said term, transferring title of said property to the Buyer.

A method for buying a piece of property by a Buyer from a Seller, comprising:

• establishing a value for the property;
• setting a term for installment payments on said value for the property;
• providing installment payments on said value to the seller for at least a portion of said installment period;
• prior to completion of said term, receiving at least a proportional share of any proceeds from the sale of said property by the Seller, or in the alternative, upon completion of said term, receiving title of said property to the Seller.