All Topics / Legal & Accounting / HELP late settlement penalty interest for WA

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  • Profile photo of smy_leesmy_lee
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    @smy_lee
    Join Date: 2009
    Post Count: 7

    HI all !! i need help!!! im a first homebuyer who decided to do their own settlement what a nightmare! my mum was to help me but its a compkicated settlement and now the vendor and their bank wont settle for another two weeks. Can i charge penalty interest? is it calculate at 9% annually? do i just inform the other settlement agent i am seeking interest and then calculate on day of settlement? PLEASE HELP AHHHHHHHHHHHHHHHHHHHHHHHHH!!!!! thanks

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