Yeah definitely sounds like it. Oh well onto the next.
Yeah thats all done already now.
Possibly but then begs the question why they didnt want to ask for an extension.
General Condition 14.2: 14.2. The purchaser may end the contract if the loan is not approved by the approval date, but only if the purchaser:...
Just received declined letter from CBA stating that purchaser did not get relocation letter from employer and that is why it has been denied....
That answers it thanks for that Paul
Standard general 14 conditions in the contract. Purchaser can terminate 2 clear business days after approval date if loan is declined. My...
I trust that he would let me know if they have put in a written request. But time will tell. I don't want anyone to get screwed in this process. I...
Hi Rolf There is nothing in the contract that says that they need to provide proof. I assumed that this would just be standard after the contract...
Thanks for that Rolf. Still assuming he will have to provide proof that he has been declined loan and not just trying to back out? Jamie
Hi everyone, Hoping someone can just answer some general questions about a subject to finance that will elapse for a property I am selling....
Will definitely be doing that. Wont be purchasing for over a year though, was more or less just curious if banks actually include the buffer in...
Not sure which forum to post this in but I was curious to know if online borrowing calculators take into account the APRA buffer on the banks SVR....
Thanks Rolf! Servicing shouldn't be an issue. LVR would definitely be sub 80%. Have looked at rates with some even being as low as 2.6 fixed for...
Hi guys, Thanks for the advice will definitely speak to a broker soon regarding this. My only concern was if I do go P&I on our first owner...
Hi all, My partner and I are planning on buying our second property within the next year. My plan is to buy a 3 bedroom townhouse in...
Hi all, My partner and I have just purchased an IP in Winter Valley and are looking at our PPOR in a couple years. If we did not claim any...
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