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May seem like a silly question, but does the client have to put down a deposit in a wrap deal?
Is it for additional security?Gilad
Yes. The wrappees usually have to put down a deposit. Some people are able to use the FHOG as their deposit-on the cheaper properties.
Terryw
Discover Home Loans
North Sydney
terry@discoverhomeloans.com.auTerryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
Viewing 2 posts - 1 through 2 (of 2 total)
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