Deposit Bonds in Sydney, Australia | Mortgage brokers

Deposit Bonds

Locality: Sydney, Australia

Address: 10 Burwood Road, Concord NSW 2137 2137 Sydney, NSW, Australia

Website: https://www.homedepositbonds.com.au

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25.01.2022 What is a Deposit Bond (Deposit Guarantee)? A Deposit Bond is a form of undertaking accepted by sellers/vendors, in lieu of cash or a bank guarantee, where buyers are required to lodge a deposit to secure the purchase of a Residential or Commercial Property, as detailed in the Contract of Sale. Sellers/vendors require a percentage up to 10% of the purchase price, as a deposit. The issuer of the Deposit Bond, in our case A+ rated QBE Insurance (Australia) Limited (QBE), guar...antees unconditional payment of the deposit bond amount to the seller/vendor in the event that the buyer fails to settle/complete the Contract of Sale. A Deposit Bond is an Unconditional Demand and as such is accepted by sellers/vendors as equivalent to cash. Importantly, Deposit Bonds are unsecured, which means that the buyers assets, savings or lines of credit can be kept intact, until the settlement date of the proposed property purchase. How does a Deposit Bonds work? Lets use the example of a $500,000 property purchase with a 10% deposit required. The process is the same for both short-term settlements involving established property (say 4 weeks to 6 months) or long-term settlement involving off the plan property (say 24 months). If using cash, $50,000 is paid upfront and the remaining $450,000 (90%) at the time of settlement. If using a bank guarantee, the bank will take some form of security over the buyers assets or part of an overdraft or line of credit; charge a bank fee: and issue the bank guarantee. As no cash has been paid upfront, 100% of the purchase price ($500,000) is paid to settle the purchase and the bank guarantee is released because it is no further use. If using a Deposit Bond, the buyer pays a Bond Fee; Aussie Bonds Australia issues a Deposit Bond on behalf of QBE; and similar to a bank guarantee, 100% of the purchase price ($500,000) is paid to settle the purchase and the Deposit Bond is released. With a Deposit Bond, theres no need to find $50,000 cash up front; theres no need to take out bridging finance or increase the mortgage or disturb any current investments to generate the $50,000 cash; nor have the bank take extra security over your assets; plus, Deposit Bonds can be issued within an hour versus a week or more for a bank guarantee.

25.01.2022 Securing a property purchase can be stressful and hard. Dont worry, make your life easier by using a Deposit Bond

24.01.2022 Another record breaking week for real estate in Sydney! Dont get caught in the finance bubble and use a Deposit Bond today!

23.01.2022 Housing Market had another record breaking week last week in NSW. Use Deposit Bonds today to secure your deposit. #DepositBonds #HomeOwners

22.01.2022 Thinking of buying Real Estate? Dont use a cash deposit. Use a Deposit Bond. More info on our website. #DepositBonds

22.01.2022 Surprise, surprise, you dont need a cash deposit to buy Real Estate!

20.01.2022 Deposit Bonds are the stress free way to secure property! #DepositBonds

20.01.2022 This is a very informative article about Deposit Bonds and how well we do them! http://aussiebonds.com.au//10/TheAdviser-SpotlightNov2015.

19.01.2022 Refer anyone to us, and if the process, youll receive a 100 dollar gift card! #Deposit Bonds

18.01.2022 Refer someone to us, and if their purchase goes through, you receive a 100 gift card! #DepositBonds

17.01.2022 One of Sydneys most connected addresses, St Leonards has emerged as a new urban living destination. Mirvacs St Leonards Square is a new development of luxury apartments. With superb amenities, exceptional harbour and city views and a vibrant ground floor plaza, this is an iconic destination that will define St Leonards for years to come. http://stleonards.mirvac.com/ #offtheplan #aussiedepositbonds #depositbond #nocashdeposit

17.01.2022 Aussie Bonds, the go to guys to secure a Deposit Bond to buy real estate

17.01.2022 We can provide the deposit you need to buy real estate!

16.01.2022 Interested in Real Estate, worried about your deposit to secure, Talk to us about Deposit Bonds today! #domain #depositbonds

16.01.2022 Happy ANZAC Day! #AustralianOwned

16.01.2022 Receive a $100 Coles Gift Card for each person you refer to Aussie Bonds for a Deposit Bond and we issue

15.01.2022 Ask your mortgage broker about Deposit Bonds today! #AussieBonds #DepositBonds

12.01.2022 Keep an eye out for foreigners looking to opt out of 'off the plan' contracts by discounting their deposits and transferring title. We can assist with a Deposit Bond, versus having to scramble for cash.

12.01.2022 Great news for first home buyers! Unit prices in some Sydney suburbs have dropped by nearly 25%. #firsthomebuyers #realestate #sydneyrealestate

11.01.2022 Dont waste hard earned $s!! Make sure you or your mortgage broker gets a Deposit Bond quote from Aussie Bonds Australia

11.01.2022 The Reserve Bank has left interest rates on hold again over October at the record low 1.5 per cent. Could now be the perfect time to purchase your dream property? Think of Aussie Deposit Bonds when you are thinking of purchasing real estate. www.aussiedepositbonds.com.au

10.01.2022 Aussie Bonds are the leaders in Deposit Bonds. Look at our website for more info! #DepositBonds

09.01.2022 If your mortgage broker hasnt obtain a #DepositBond quote from us, you need to ask why, because we can help you save $s!

09.01.2022 Tired of refinancing for a cash deposit on a home. Use a Deposit Bond! #DepositBonds

09.01.2022 Property Market in Sydney and Melbourne is Red Hot!! Dont miss out because you cant secure, use a DEPOSIT BOND today!!

08.01.2022 Dont miss out on your dream real estate purchase because you dont have the ready cash! #DepositBonds

06.01.2022 Are you a first home buyer trying to buy real estate? Its easier than you think! Visit our website to find out more!

06.01.2022 Looking to buying property? Speak to Aussie Bonds and find out how we can save you $$$!! #DepositBonds #Property #Domain

06.01.2022 Deposit Bonds will save you time and money!

05.01.2022 Using a Deposit Bond has many advantages, check out our website today! #depositbonds #property #domain

04.01.2022 Keep an eye out for foreigners looking to opt out of off the plan contracts by discounting their deposits and transferring title. We can assist with a Deposit Bond, versus having to scramble for cash.

03.01.2022 One of Sydney's most connected addresses, St Leonards has emerged as a new urban living destination. Mirvac's St Leonards Square is a new development of luxury apartments. With superb amenities, exceptional harbour and city views and a vibrant ground floor plaza, this is an iconic destination that will define St Leonards for years to come. http://stleonards.mirvac.com/ #offtheplan #aussiedepositbonds #depositbond #nocashdeposit

02.01.2022 Dont want to wait to save up for a cash deposit on real estate? Use a Deposit Bond!

02.01.2022 Housing Market in Sydney is booming! Looking to buy real estate, use a Deposit Bond, to save you cash! #DepositBonds

01.01.2022 Dont use cash to secure your Real Estate Purchase, use a Deposit Bond today!