Australian Banks Lose Their Social Conscience In Favour Of Profits!

Australian Banks Lose Their Social Conscience In Favour Of Profits!
ANZ Bank Profit Rises 38% - Our client PAYS 20% Loan Shortfall PLUS Fees!

FOR IMMEDIATE RELEASE

PRLog (Press Release) - May 02, 2011 - Within days our client is about to settle on a negative equity home loan. For 3 years the client watched his home depreciate in value.  To secure the lend the bank valued the property.  When it became impossible to maintain the mortgage repayments the client was forced to sell 22% below the original valuation. The client was not able to negotiate the shortfall or waive any exit fees.  The client did have another choice - allow the bank to foreclose which would have led to bankruptcy.

The G.F.C has affected the World and yet in Australia the banks are immune!

Australians have always pulled together and supported the underdog - times have definitely changed!

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About The Property Doctor 24x7.com: We provide Solutions to Property & Related Financial Issues OR Show You How to Formulate Your Own in 24hours or less.

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   Contact Email        :  
***@gmail.com Email Verified
Issued By        :    The Property Doctor 24x7.com Pty Ltd
Phone        :    +61439948581
Address        :    P O Box 488
        :    Beecroft NSW
Zip        :    2119
City/Town        :    Sydney
State/Province        :    New South Wales
Country        :    Australia
Industry        :    Banking, Mortgage, Real Estate
Tags        :    negative equity, selling a house, Selling, Upside Down Loan, loans, mortgages, banking, buying a house, buying, Finance
Last Updated        :    May 02, 2011
Shortcut        :    http://prlog.org/11468909
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