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home > other services > deposit bonds

Deposit bonds

A deposit bond (or deposit guarantee) is a simple and cost-effective alternative to a cash deposit when purchasing property.

This is particularly useful if you are buying at auction, as it means that you don’t have to keep a significant sum of cash on hand for what could be a prolonged period of time – and it enables you to move quickly when you have to.

A deposit bond is also an excellent solution for investors who don’t have cash at their disposal, and don’t want to cash in investments such as shares.

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It was an easy decision for Ruth and Brendan of Cairns to call Smartline when it came time to purchase the property that they had had their eye on for some time. [more]

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