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Placing a deposit

A deposit is the amount of money needed to secure your block of land and remove it from the market. Before placing your deposit with us, you need to make sure you have spoken with your financial provider to ensure you are in the best possible position financially to complete this purchase.

Your financial provider will help you to understand your finances and your budget allowing you to know what you can buy and when. Finance approval is generally a two-step process.

  1. Pre-approval
  2. Unconditional finance approval

Once you have gained finance approval you are ready to place your deposit with us.  It is important that in the early stages of looking at land and prior to placing a deposit, you obtain at a minimum pre-approved finance to help you identify and work to a budget.

Once you are ready to place your deposit with AVID on your nominated lot, you need to make sure you have:

  • Reviewed your contract with your legal representative.
  • Made an appointment with our Project Sales Manager and have your deposit payment ready to present to on the day.

After you have made your deposit our Sales Team member will provide you with a deposit receipt.

The Project Sales manager will provide all details on how payment will need to be provided on the day. Please speak with them directly to ensure all details are correct and up to date prior to making the payment.

Updated on May 2, 2018

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