What is an initial deposit for a house in Queensland?

Buying your dream Queenslander but confused by all the deposit talk? Don't stress!  This video breaks down exactly what an initial deposit is, how much you might need, and when to pay it. We'll even explain the difference between 'holding deposits' and 'balance deposits', so you can navigate the Queensland buying process like a pro.

Get ready to take the first step towards owning that gorgeous Queenslander!  We'll cover the basics of initial deposits, why they're important, and how they help you secure your dream home.  Click now and let's make homeownership a reality!

00:00 Initial Deposit vs Balance Deposit [How much deposit do you need for a house]
00:29 What is an initial deposit for a house in Queensland?
00:59 Why is the initial deposit important?
01:12 How and when is the initial deposit paid?
02:00 Example of initial deposit and balance deposit
02:57 Paying deposit when going to auction
03:15 Benefits of initial + balance deposit  system in Queensland
03:46 Outro

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#Real_estate_Australia #Real_estate_investing #australian_property #australian_housing #australian_economy #australian_property_investment #australian_property_market #buying_property #australian_real_estate #Binvested #Property_coach_podcast #Mortgage_Brokers_Brisbane_-_Hunter_Galloway #Hunter_Galloway #David_Quan #michael_invests_and_tries_to_make_money #heise_says #first_home_buyer #jason_pizzino #cryptocurrency_australia #bitcoin_australia #invest_with_queenie #bysanjna

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