GOOD LUCK. I know times are tough, but if people in the banking industry would work with their clients instead of always trying to get money out of them we might have a much stronger and more resilient banking system. I recently heard of a case where the Australian government was giving first home owners a grant of up to $21,000 when purchasing a new home. The banks had a different agenda and were not lending the first home owners the money because the claimed the value didn’t cum upto the required level even though there were 3 other sales in the complex of a higher value.
The little guy gets screwed again.
Tags: banking, financial management, Home ownership, property investing