Quick online approvals. Websites that offer super-fast approvals are unlikely to be accurate. You might end up thinking you can buy something that in reality you cannot afford.
Deposit Bonds. If you’ve got equity in another property and limited cash for a deposit, a Deposit Bond is a kind of insurance policy that you’ll pay a 10% deposit on any investment property your purchase. Essentially, your insurance company promises to cover the 10% deposit once you agree on a price. This means you can keep your deposit amount in your account until settlement, which is great for off-the-plan and auction purchases. Always check with the agent whether they accept Deposit Bonds before you buy.
My Very Best To You Always,