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  • Profile photo of NathanABNathanAB
    Member
    @nathanab
    Join Date: 2009
    Post Count: 3
    November 5, 2009 - 11:37 pm

    G'day Harry,

    same problem here mate. Unconditional approval on a loan from bankwest has taken 6 weeks now. After 4 weeks of hearing nothing from them, they came back and asked for more information (off-the-plan purchase). There's been no end of frustration and my 4th request for an extension runs out on Monday.

    If I were you, I'd go right ahead and ask for a further extension, vendors should understand the the current rush for finance post oct 30, has lead to a massive backlog for the banks.

    Profile photo of NathanABNathanAB
    Member
    @nathanab
    Join Date: 2009
    Post Count: 3
    July 6, 2009 - 6:59 am

    Hi Terry,

    Not all that confident. In fact with my inexperience I doubt I will be able to accurately pick a good growth area. Do you think capital gain is possible in a new apartment under 250k? Do you think it’s worth paying for some financial/property advice at this stage?

    Thanks,

    Nathan

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