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  • The Finance Approval Minefield

    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 ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on October 2, 2008
  • Latest "Clayton's" Finanace Approval Letter

    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 ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on June 16, 2008
  • How To Save Your Home

              by Neil Jenman The word 'mortgage' is French in origin. It means to make a pledge upon which your life depends - or, literally, an agreement until death.In today's debt heavy world a mortgage really has one of two meanings. Either you destroy (kill) it or it destroys (kills) you. Around one million ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on March 26, 2008
  • Don't Be A Party To Mortgage Fraud!

    by Tim O'Dwyer M.A., LL.BSolicitorConsumer Advocate watchdog@argonautlegal.com.au   Last week I received this email: ''Tim, I was wondering if you could help me with a strange clause. A woman wants to purchase a property for $500,000. She wants to get extra money from the banks to cover deposit, so this is what she ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on February 27, 2008
  • Clayton's Finance Approval (The Approval You Have When You Don't Have Approval)

    by Tim O’Dwyer M.A., LL.B Queensland Solicitor & Consumer Advocate watchdog@argonautlegal.com.au The fax came through late one afternoon from the mortgage broker for a residential property buyer on whose behalf I was acting. “Dear Tim,” it familiarly began, “I am pleased to advise that finance has been approved, to assist with the purchase of ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on May 3, 2007
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