Increase your chance of an accepted bid with a bidding insurance
If you take out a bidding insurance, you increase your chance of an accepted bid by 4 times! We are one of four parties in the Netherlands authorised to offer such kind of bidding insurance.
With a bidding insurance, you can make an offer without reservation of financing. And there is no risk for you. With a bidding insurance, we take the risk. For you, it only has benefits.
- Benefit 1: The seller grants you the house even more! Your offer is immediately more attractive to the seller.
- Benefit 2: There is no risk for you! KIf it is not possible for you to get the mortgage, we’ll pay the penalty of 10% of the purchase price.
- Benefit 3: You have 4 times more chance of getting the house of your dreams! You’ll probably move year!
How does it work?
- First, we draw up your Financial Requirements List. You know exactly how much you can borrow. At that moment, we can immediately tell you whether you qualify for a bidding insurance.
- You apply for the free bidding insurance. As soon as you want to bid on a property, you can apply for the free bidding insurance. Of course, the asking price must match the budget we have set with the Financial Requirements List. The bidding insurance can be applied for free up to 3 times. After that, you pay €50 per request.
- You only pay € 850 if your bid is accepted. Does the seller accept your bid? Then you pay € 850 for the bidding insurance. We will then immediately finalise the mortgage application for you. Are we unsuccessful? Then we pay the seller 10% of the purchase price. There is no risk for you. You pay the 850 euros at the notary, on the day you get the keys to the house of your dreams!
Would you like more information about the bidding insurance? Schedule an appointment with our financial advisor.