CAX.com starts offering seller financing with monthly installments

CAX.com, the domain name marketplace owned by Francois Carrillo, that is also the owner of Domaining.com, started offering payment plans to domain names listed there beginning April 9, 2013. A buyer can choose to make an up front payment and then pay monthly installments until the full price is paid off and he/she then owns the domain name.

Seller financing limits buyer risk and allows buyers to acquire domains they could not previously afford with 100% money down.

Payments are handled by the ECOP.com escrow service and the buyer can start using the domain name as soon as the down payment is received.

If the buyer pays the remaining balance before the deadline then ECOP.com transfers the domain to the buyer and releases the balance to the seller. If the balance goes unpaid past the deadline, or an invoice is not paid on time, then the seller keeps the money already received and ownership of the domain is returned back to the seller.

If you visit a domain name listing at CAX you will see something like the following:
“Secure this domain for $275 per month.
With $600 money down.