Housing is Australia’s single largest asset class. According to Core Logic, taxation statistics showed that there are over 2 million individual property investors.
As a property investor, you understand the importance of leverage and to keep your money working harder for you. Saving for a deposit is something that takes time and patience, but you want to add another property to your portfolio sooner, rather than later.
The good news is you can secure your next property without using cash. Simply use a Deposit Guarantee, instead of a cash deposit, to secure the purchase of your property.
A Deposit Power Guarantee is an alternative to the cash deposit required when signing a contract to secure your next property. It essentially enables you to delay the payment of the cash deposit until you take ownership of the property at settlement where you pay the full purchase price.
Deposit Guarantees can be used to secure residential property, commercial property or to buy a property in your name, an SMSF or trust structure.
to secure your property with a Deposit Power Guarantee
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Deposit Power issues the Deposit Guarantee
Once a referral is submitted, Deposit Power will contact the customer directly to facilitate the Deposit Guarantee.