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Page 9 of 22


Highest Bid

the top price offered by a bidder at auction. If the reserve price is not reached and the property is passed in, the highest bidder is given the first option to negotiate with the vendor.

Holding Deposit

a refundable deposit based on the goodwill of the buyer to go ahead with the purchase.

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  • Home
  • Loan Products
    • Home Buyer & Property Investor
      • Future Proof Home Loan
      • Revolution Home Loan
      • Fixed Rate Home Loan
      • Offset Home Loan
      • Construction Loans
      • Prestige Home Loan
      • Self-Employed Loans
    • Specialist Loan
      • Self-Managed Super Fund (SMSF)
      • Deposit Bonds
      • Alt Doc Loans
      • Cards
      • Non-conforming Loans
      • Bad Credit Loans
    • Financial Dictionary
    • Frequently Asked Questions
    • Home Loan Refinance
    • Debt Consolidation Loans
    • Target Market Determination Documents
    • Archived TMD Docs
  • Calculators
    • Repayment Calculator
    • Borrowing Power Calculator
    • Refinance Calculator
    • Loan Comparison Calculator
    • Buying & Selling Costs Calculator
  • Blog
  • Contact
    • AMO Bankstown
    • AMO Sydney
    • Make an Appointment
    • Contact Us
  • Apply Now
  • Client Access