Any property buyer who is looking for a quick and easy alternative to the cash deposit payable when purchasing residential or commercial property can use a Deposit Guarantee.
Deposit Power can be used to purchase most types of residential property including:
- Established properties such as houses, units, townhouses and villas.
- House and Land packages.
- Vacant Land (Registered and Unregistered).
- Properties under construction.
Deposit Guarantees work for property buyers who have money tied up elsewhere, for example in shares, term deposits or other investments and who would rather leave those investments earning a good return until they are ready to settle on their property.
A Deposit Guarantee works well for home and apartment owners selling and buying at the same time and whose equity is tied up in their existing property. And for people who are asset rich but cash poor.