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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 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 ...
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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 ...
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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 ...
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