Our Process

Understanding your financing options shouldn’t be complicated. Here’s what you can expect when working with Zanzibar Financing.

Your Path to Property Ownership

Phase 1

Found a property you love? Zanzibar Financing helps buyers and investors explore alternative financing solutions designed around their unique circumstances. The first step is connecting with our team so we can learn more about your goals and discuss available options.

Identify Property

If you’ve already identified a property, we’ll review the opportunity and discuss financing options that may fit your situation. If you’re still searching, our team can help guide you through the next steps of the process.

Getting Started

Every buyer’s situation is different. Our team will take the time to understand your property goals, timeline, and financing needs. From there, we’ll help determine whether Zanzibar Financing is the right fit and discuss the options available to you.

Phase 2

Once your property is identified, have your agent contact Zanzibar Financing. We will submit an offer to purchase your new place on your behalf. If you already have your property under contract, congratulations! Get in touch to obtain Zanzibar Ownership Quote.

Filling Out the Zanzibar Ownership Forms

At this stage, we will ask you to provide us with information about your property and the financing needed. After that, Zanzibar will give you access to our estimate tool to help you calculate how long it will take you to complete your payments.

Phase 3

Once a mutual agreement is reached on the Zanzibar Ownership Quote, we will draft the contract-for-deed financing agreement for you to sign.

Track Your Application Status

At Zanzibar, we are committed to making your journey to owning property easy. However, you’ll need to track the status of your contract closely to stay informed. If additional documents or information are required, please send them promptly to avoid unnecessary delays. Our team will provide you with timely notifications and status updates.

Phase 4

Once both parties have agreed on the terms and conditions, we will finalize the contract.

Contract Signing

Upon signing the contract-for-deed financing agreement, Zanzibar Financing will begin the next steps necessary to facilitate the transaction and prepare for closing.

Change Title to Zanzibar

Zanzibar Financing will engage a title company for our mutual benefit to provide title work and facilitate closing. During this phase, you will also need to get insurance for your new property.

Payment Plan

Since the property is still under Zanzibar, we will sell it to you at a fixed rate. The fixed rate includes the amount Zanzibar paid to purchase the profits plus its profit.

Phase 5

You have made it! Welcome to your new place! It’s now time to move your family or business into your new property.

Monthly Payments

Since our agreement is complete, you will be required to make monthly contract-for-deed payments to Zanzibar Financing as planned.

Enjoy Your New Property!

Get ready to create memories in your new place. Upon satisfaction of the contract terms, you will receive deeded title to your property.