Who is Buyers Trust?
What we do
One of the parts of the transaction that you are expected to manage, is the property deposit. Most sellers require you to put down a 10% cash deposit on the sale of a property, shortly after signing the Offer to Purchase. The deposit is required to demonstrate your commitment to purchase the property.
Any Offer to Purchase that you sign with the Seller will generally provide you with options to invest your deposit either into the real estate company’s trust account, or alternatively into the trust account of the attorney chosen by the seller to do the property transfer. Ideally, like any investment, you would want to ensure that your deposit is safe and that you are able to realize the best financial return on your deposit for the entire period pending the transfer and registration of your property in the deeds office (this period normally takes about 3 to 4 months).
Alternative Investment Proposition