A smaller deposit and a stronger offer
Attach an insurance certificate to your offer and the seller is protected if the deal can't close — so you can compete without tying up a large deposit.
A bigger deposit is the price of competing
In a competitive market, a large deposit is how buyers show they are serious. It tells the seller you will close. It also means tens of thousands of dollars sitting in someone else's trust account for months.
And if the deal falls apart, that money is not a safety net. Recovering a deposit can take 6 to 18 months and a court order, with no guarantee.
Three steps to a stronger offer
Get your certificate
Answer a few questions and get a pre-approval certificate. It is free through any partner and takes about 60 seconds.
Attach it to your offer
Your agent includes the certificate with your offer, so the seller can see their sale is protected if the deal cannot close.
Put down less
With the seller protected, you do not need a large deposit to make your offer credible.
What a smaller deposit can look like
Without a certificate
Tied up in a trust account until closing day.
With a certificate
The rest of your cash stays where you need it.
These figures are illustrative only. Your deposit is agreed between you and the seller.
Why sellers take the offer seriously
If you cannot close, SecureMyOffer covers the seller's equity, carrying costs and legal fees, up to $250,000, or 20% of home value, whichever is lower.
Policies are underwritten by Accelerant, an A-rated (AM Best) carrier. Available across Canada, except Quebec.
Questions buyers ask
Does the certificate cost anything?
No. It is free through any partner. If you go on to buy a policy you get $50 off, and your rate is held for 90 days.
Does this replace my deposit?
No, you still make a small deposit. Upon offer acceptance, purchase the policy and provide confirmation to the seller.
What happens if my purchase closes normally?
Nothing. The certificate simply expires. It only matters if the deal cannot close.
Where is SecureMyOffer available?
SecureMyOffer is available across Canada, except Quebec.
Who underwrites it?
Policies are underwritten by Accelerant, an A-rated (AM Best) carrier. SecureMyOffer is a licensed Managing General Agent, and the insurance is brokered by Oasis Insurance Brokers, Ontario Lic. #3750.
Make your next offer a stronger one
A quote takes about 60 seconds. There is no signup, no obligation, and your rate is held for 90 days.