Julie invests in a second home and her future

As a single mum, Julie has worked hard to re-establish her own home after a not-so-amicable divorce. While raising her son, Jacob, she worked full-time, saved tirelessly and bought a small two-bedroom unit.

Four years on, Julie had managed to reduce her home loan to 60% of her property value. Seeing the equity build, she saw her mortgage broker and asked whether it would be too outrageous for her to consider buying an investment property. The problem was, while she had the equity to buy another property, she didn’t have the cash for a deposit.

The broker not only assured her it was a realistic dream, but was able to provide a pathway to make it reality. He suggested she negotiate any contract of sale using a deposit bond from Deposit Assure.

With a Deposit Assure bond in hand, she could finalise the contract and draw down the funds at settlement. It was the final piece in the jigsaw Julie needed to purchase with confidence and invest in a happy, stable future.

Learn more about how a deposit bond can help you or contact us for more information.

OTHER REAL-LIFE STORIES

When retirees Margaret and Lawrence decided to downsize, they were reluctant to draw on their superannuation to put down the deposit. Deposit Assure gave them a solution.

When retirees Margaret and Lawrence decided to downsize, they were reluctant to draw on their superannuation to put down the deposit. Deposit Assure gave them a solution.

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What happens when you want to take advantage of a great property investment opportunity but your cash is tied up elsewhere? Melbourne-based property investor Kim Castles found the answer in a deposit bond.

What happens when you want to take advantage of a great property investment opportunity but your cash is tied up elsewhere? Melbourne-based property investor Kim Castles found the answer in a deposit bond.

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Buying off the plan with a deposit bond helped this downsizer secure their dreamhome before selling the current one.

It’s a downsizer’s dream to be able to purchase a smaller home before selling the current one. The problem is, most of us will still need to find a deposit to make the dream come true, as Sydney-sider Angela Verad discovered.

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A deposit bond helped sea-changers win their waterfront dream.

When Anne Moss found her dream home on the south coast of New South Wales, she knew it was a matter of moving fast or missing out. Read how a deposit bond helped them to secure their home.

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When Camille and Sarah found a beautiful unit being built in the historic village of Woodend in Victoria, they knew the time had come for a lifestyle change. All they needed now was the deposit.

When Camille and Sarah found a beautiful unit being built in the historic village of Woodend in Victoria, they knew the time had come for a lifestyle change. All they needed now was the deposit.

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New South Wales couple David and Alison thought they had it all covered when they decided to buy a beautiful off-the-plan unit in Potts Point. But then everything changed.

New South Wales couple David and Alison thought they had it all covered when they decided to buy a beautiful off-the-plan unit in Potts Point. But then everything changed.

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