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by Shannyn HunterConveyancer shannyn@lawyersconveyancing.com.au Lawyers Conveyancing
Anyone who has dealt with the banks for a home loan will tell you about their battle scars with pride. Simply securing finance approval can be a frustrating and baffling task. An anxious purchaser can be kept waiting for finance approval because the ...
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by Tim O'Dwyer M.A., LL.BSolicitorConsumer Advocate watchdog@argonautlegal.com.au
This latest ''Clayton's'' finance approval letter is hot off my fax machine.
Last year I reported on an upbeat broker’s keenness to show me that my clients’ finance had been “approved” - by way of a copy of a letter from the lending bank confirming that ...
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by Shannyn HunterConveyancer shannyn@lawyersconveyancing.com.au Lawyers Conveyancing
On Monday morning purchasers can experience a real estate hangover. After a weekend of elation at finding their dream house and pressure from the agent to make an offer, with hesitation they sign on the dotted line and their concerns about legal ...
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by Shannyn HunterConveyancer shannyn@lawyersconveyancing.com.au Lawyers Conveyancing
Imagine my client’s glee when he received pre-approval for a loan to buy his first home. The broker had found him a low rate - he hadn’t been able to borrow enough from the major lenders - and had promised the world.
Fast forward three months, ...
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by Peter Mericka B.A., LL.BReal Estate Lawyer Qualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd
At Lawyers Conveyancing we check a lot of real estate contracts as part of our pre-purchase legal advice service. Recently we have seen an increase in the number of contracts where the General Conditions have been ...
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Consumers are again warned about ''throw away'' legal advice from estate agents. A client of ours has just called to ask whether the estate agent was correct in advising him to sign a Contract Note, even though the date for payment of the deposit expired 4 days ago! The helpful estate agent advised our client that the deposit payment date would ...
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by Tim O’Dwyer M.A., LL.B Queensland Solicitor & Consumer Advocate watchdog@argonautlegal.com.au
Buyers default, seller still ''liable'' to agent.A young home-seller had to change solicitors when a problem arose on his sale. Apart from the same solicitor having acted for both parties, the issue was simple: the buyers could not settle on ...
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by Peter Mericka B.A., LL.B Real Estate Lawyer and Qualified Practising Conveyancer Victoria Lawyers Real Estate Ask any estate agent who they work for, and they will readily identify the vendor as their client. Ask the same estate agent about any duty owed to the purchaser, and the response ''caveat emptor'' (buyer beware) is blurted out faster ...
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by Peter Mericka B.A., LL.B Real Estate Lawyer and Qualified Practising Conveyancer Victoria Lawyers Real Estate Consumers should take care if they find that this estate agent's ''Conditional On Finance'' clause has been inserted into the real estate contract. Ian Reid is a Melbourne estate agent whose ''Ian Reid Vendor ...
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by Tim O’Dwyer M.A., LL.B Queensland Solicitor & Consumer Advocate watchdog@argonautlegal.com.au
It has been almost two years since the release of the Ministerial Council of Consumer Affairs’ Discussion Paper detailing options for a national regulatory scheme for finance and mortgage brokers. On Monday this week ABC Radio’s The ...
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