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Thread: What has made you Angry Today???????

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  1. #10
    The master farter mudski's Avatar
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    Quote Originally Posted by Winnie View Post
    You can use a deposit bond instead of a cash deposit. Ends up costing about $500 but it means you don't have to have the cash upfront.
    It is basically an insurance policy to the vendors to say that if you stuff them around and the sale falls through then they are guaranteed their 10% deposit. The company issuing the bond will then chase you for the money.
    If sale goes through as normal then you just pay the full amount at settlement.
    Fark I forgot about that!We did this 13 years ago when we bought this place. Thank you! I still wanna head butt this agent though. Lol.

  2. The Following User Says Thank You to mudski For This Useful Post:

    Winnie (2nd December 2016)

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