At Deposit Bond Specialists (DBS), we understand that the burden of a significant cash outlay at the time of exchange can be difficult or impractical.  This is especially the case when using the equity in your home or other investments that cannot be made readily available as cash to exchange . . . there is a solution - a Deposit Bond.

 

What is a Deposit Bond?

 

• A Deposit Bond is a convenient way of purchasing a property without the need to arrange for the 5% cash deposit upfront.  The deposit bond now lets you pay for the full amount of the purchase at settlement. 

 

• A Deposit Bond is a guarantee to the vendor (seller) that acts as a substitute for the cash deposit between signing a contract & settling on your property. 

 

• A Deposit Bond is a quick, convenient & cost effective alternative when purchasing property.