Lets talk Deposit

19 Sep 2020

 
When committing to add a deposit to your Offer does indicate commitment to the transaction and certainly bares much value to a seller

Let's talk Deposit.

  1. It demonstrates commitment towards buying the property
  2. It increases the strength of an offer/ or the chances of having the offer accepted
  3. It reduces the risk of lending
  4. It increases the customers’ ability to negotiate a better rate
  5. It allows saving on interest over the term of the loan and lowers monthly repayments
  6. Saving for a deposit mentally prepares clients for a home loan repayment

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