This is agreed between you and the seller in the offer to purchase. Usually the money is deposited into a trust account of either the transferring attorney or estate agent, or you can elect to deposit the funds in an account that Buyer’s Trust will set up for you. All of these options are interest-bearing accounts.
Learn more about the benefits of using Buyer’s Trust.
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Simply The Best
Ooba home loans services are simply the best. My Consultant Bianca Dancer was so hands on and helpful from the get go. She guided me through the entire process and put me at ease being a first time buyer. I highly recommend their services.
Tia J
Excellent Service
Jay Govender and Maleshini Reddy from OOBA provided outstanding assistance and guidance in securing our home loan. Response times were excellent and they were professional and friendly.
Brice G
Bond Application
Estelle Vorster was really helpful in securing the best deal for my home loan, she not only negotiated a lower interest rate she went as far as securing 50% discount on the transfer costs.
Butana M