Deposit Bonds Crash Course With Deposit Assure | #56
Today we welcome Bella from Deposit Assure to lead us through a crash course on one of the most exciting strategies for property entrepreneurs, Deposit Bonds.
Who is Deposit Assure? Well, they are one of Australia’s leading providers of Deposit Bonds and are on a mission to make it easier for people to buy property. They offer an innovative approach to using cash to secure your next property purchase.
So what are Deposit Bonds? When purchasing property or land, it’s typically required to provide a cash deposit, usually around 10% of the purchase price, to ensure the buyer’s commitment to the sale agreement. However, if you’re looking to buy but don’t have the immediate means to provide the cash deposit, a deposit bond may be a useful solution.
We break it all down for you in today’s episode of The Property Lovers Podcast.
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Disclaimer: The content and information provided on the Property Lovers website, podcasts, video or written content is general advice and for educational purposes only. None of the information presented constitutes, or is intended to constitute, a recommendation for any particular security, investment or strategy suitable for a specific person. The information presented does not take into account your particular investment objectives, financial situation or needs. You should strongly consider seeking independent professional advice based on your specific circumstances.