Buying a home in Canada? Here's what you
need to know about Deposit Rocket
Have you heard of a Deposit
Bond? A Deposit Bond is a fully
accepted and established
method of selling property in
Canada and in several
countries.
Now, over six months after it
launched in Canada, Deposit
Rocket's quick and easy alternative
to the conventional residential home
cash deposit continues to turn heads
in the Canadian real estate world.
The rate of Canadian
homebuyers purchasing an
owner-occupied residential
property through a licensed
realtor and solicitor through
Deposit Rocket continues to
grow.
You can visit Deposit Rocket
and apply now for a trusted and
stress-free alternative to cash
deposits by unlocking your
equity for a quicker and easier
home purchase.
Deposit Rocket offers a
streamlined 5-minute online
application, making it easy to
declare the equity that you have in
your current home or the market
value of your investments.
Upon approval and
payment, the Deposit
Rocket is emailed to the
Buyer and their Realtor.
The Realtor attaches the
Deposit Rocket to the
Agreement of Purchase & Sale
and uses the Deposit Rocket
instead of the cash deposit for
the offer.
Deposit Rocket offers real-
time amount increases and
easy extension options or if
more time is needed to house
hunt or close.
Once the offer is accepted, the
Seller's Realtor holds the Deposit
Rocket as the cashable, callable
deposit commitment until closing and
the Buyer simply pays the full
purchase price including the deposit
amount at closing.
If the offer is not accepted, the
Deposit Rocket can be used
again and again for the
duration of the term, until the
buyer finds the right home.
depositrocket.ca