Australia housing bubble - Australian Ford Forums

Welcome to the Australian Ford Forums forum.

You are currently viewing our boards as a guest which gives you limited access to view most discussions and inserts advertising. By joining our free community you will have access to post topics, communicate privately with other members, respond to polls, upload content and access many other special features without post based advertising banners. Registration is simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please contact us.

Please Note: All new registrations go through a manual approval queue to keep spammers out. This is checked twice each day so there will be a delay before your registration is activated.

		Australian Ford Forums > General Topics > Non Ford Related Community Forums > The Bar
Australia housing bubble

FAQ

Calendar

The Bar For non Automotive Related Chat

Thread Tools

Display Modes

05-01-2019, 12:35 PM

#11

hayseed

Guest

Join Date: Aug 2018

Posts: 1,892

Re: Australia housing bubble

Quote:

Originally Posted by mr smith

Another risk people forget about is that if the value of the property falls lower than than the mortgage then the bank will want some cash. There will be nowhere to lend this from (other than friends or relos) and the bank will forclose the mortgage.

Provide the payments are up to date, I reckon you'd be right...
The last thing a bank wants to do is Write Money Off..

However, If you get behind......

« Previous Thread | Next Thread »

Forum Jump

All times are GMT +11. The time now is 04:40 AM.

Positive SSL