Questions?:

Help Desk

Welcome! How can we help?

What are the benefits of Deposit Rocket for the Seller? Print

Created by: Don Miller

Modified on: Mon, 2 May, 2022 at 4:03 PM

Secure

Insured by Northbridge General Insurance Corporation rated “A” (excellent) by A.M. Best, “A-” (strong) by S&P, and “A” (good) by DBRS.
Get Larger Deposits!
Get More offers!
Guaranteed Deposits
Same or better position a cash deposit

In the event the Buyer does not close the purchase of the property, and is in default, Deposit Rocket takes instruction from the Deposit Holder, usually the Listing Broker or the Seller's Lawyer, and subject to the terms and conditions of the Bond, ( Clause 8 and 9) Deposit Rocket will pay the Deposit Holder the determined deposit within 3 business days.

Don is the author of this solution article.

Did you find it helpful? Yes No

Deposit Rocket Cost:

Enter desired amount:

Number of Months

Cost

Plus $150 policy fee

O.A.C. and terms & conditions apply

Why Canadians Trust Deposit Rocket

George Tremis

5.0 Broker, MBA, CSP May 19, 2021

I'm the Founder and Team Leader of the GT1 Realty Group. Recently we had clients who successfully purchased a home in Lorne Park. However, they were mistaken about their ability to produce $30,000 in cash for the Deposit. Fortunately, Deposit Rocket rescued the deal within 15 minutes, via their Deposit solution. Our clients were very happy with the solution, and very impressed with how simple and cost effective it was. Thank you to the Deposit Rocket team, we appreciate you. Best, George

Stefanie Richardson

5.0 RE/MAX Treeland Realty Agent April 30, 2021

I have referred 2 clients to Deposit Rocket, they both applied and were approved instantaneously and their customer service has been stellar. Excellent customer experience!

See all reviews

Help Desk

Welcome! How can we help?

What are the benefits of Deposit Rocket for the Seller? Print

Related Articles