Banks – can’t live with them, can’t live without them!
Did you know that lenders limit the amount they will lend against certain properties and they reject some outright as security for a mortgage? Do you know which ones and why?
In episode 15, the Property Planner, Buyer and Professor dissect “Why you must keep clear of properties banks don’t like!”
If we all accept that banks want to make money – we can understand that there is method to their madness.
Listen as David Johnston, Cate Bakos and Peter Koulizos, take you through what property locations and dwelling types the banks turn down and why the banks put restrictions on certain properties in the first place. It may just save you from making a big mistake. The last thing you want is to be left high and dry without finance and a dud asset.
As if purchasing a property wasn’t stressful enough!