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How much deposit is required and what are the time constraints for finance approval, inspections and settlement date?

April 26, 2017Approval deposit Finance Inspections time

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How much deposit is required and what are the time constraints for finance approval, inspections and settlement date?

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Generally buyers pay between a 5% to 10% deposit. Finance approval is usually given within 14 days. During the period pest and building inspections can be organized if the purchase requires. Settlement usually occurs within 30-60 days.