When To Invest In The Property Market?

If you need cash quickly for an investment opportunity, consider a deposit bond. This could help you grow your portfolio.

A deposit bond can often give you a competitive advantage for your real estate purchase.

You may want to consider a deposit bond if you have an opportunity that’s too good to pass up.

When you sign a contract to purchase property, usually you will need to provide a 10 percent cash deposit. A deposit bond is a guarantee of payment in place of the cash deposit. It allows you to secure your purchase now, and pay the bond and full purchase price at settlement when you have access to your cash.

Speak with your My LMI Group broker to see if a deposit bond is right for you. Your broker can also help you to organise your deposit bond through Deposit Assure, our partner company.