Browse Forums Home Finance 1 Jun 10, 2009 9:30 pm I was given pre approval for a loan. Found a house and some land, the bank then offered me $15,000 more so I thought great! They sent out the mortgage papers, I signed and returned them. Today I get a phone call saying they made a mistake in the offer. Problem is I need the extra $15,000 due to the builder making mistakes in what I wanted. Can the bank renege on a mortgage offer after I have accepted it and returned the signed documents? Building with Homebuyers Centre El Questro! My building thread..viewtopic.php?f=31&t=19421 Brickies started 5/10 Re: Help Legal advice needed PLEASE!! 2Jun 10, 2009 9:46 pm Good luck No other, better deals? Where you are coming from is where you are going to... Re: Help Legal advice needed PLEASE!! 3Jun 10, 2009 9:50 pm one big nightmare after another Building with Homebuyers Centre El Questro! My building thread..viewtopic.php?f=31&t=19421 Brickies started 5/10 Re: Help Legal advice needed PLEASE!! 4Jun 10, 2009 9:52 pm Tell the bank you have lost your deposit, because they have reniged. So they will have to cough up. Where you are coming from is where you are going to... Re: Help Legal advice needed PLEASE!! 5Jun 10, 2009 9:56 pm onc_artisan Tell the bank you have lost your deposit, because they have reniged. So they will have to cough up. Ok that sounds great, might have a problem though if they go back to the original offer. Building with Homebuyers Centre El Questro! My building thread..viewtopic.php?f=31&t=19421 Brickies started 5/10 Re: Help Legal advice needed PLEASE!! 6Jun 10, 2009 10:01 pm FHO? Where you are coming from is where you are going to... Re: Help Legal advice needed PLEASE!! 7Jun 10, 2009 10:03 pm onc_artisan FHO? Yes does it show??? heheh Building with Homebuyers Centre El Questro! My building thread..viewtopic.php?f=31&t=19421 Brickies started 5/10 Re: Help Legal advice needed PLEASE!! 8Jun 10, 2009 11:28 pm l think you will find that your application forms that yous signed and returned are an application only. They are not bound to meet with their pre=approval until after all docs are checked and approved after your application is received. I think you are fighting a loosing battle on this one, the banks can be mighty powerful with their "no's" when they want to be - why - because they can! (and yes, there is a word to describe them!) Annie A thankful person is a happy person. [/color]My hobby design blog: http://aviewondesign.blogspot.com/ Re: Help Legal advice needed PLEASE!! 9Jun 10, 2009 11:49 pm Annietom l think you will find that your application forms that yous signed and returned are an application only. They are not bound to meet with their pre=approval until after all docs are checked and approved after your application is received. I think you are fighting a loosing battle on this one, the banks can be mighty powerful with their "no's" when they want to be - why - because they can! (and yes, there is a word to describe them!) Annie Yes they are powerful. I guess one can only hope Building with Homebuyers Centre El Questro! My building thread..viewtopic.php?f=31&t=19421 Brickies started 5/10 Hi All, I engaged a tradie to install concrete retaining wall 600-800mm high over 32 meters in Victoria. Sleepers are 200*75*2000 mm installed over 17 steel posts. I… 0 6917 Building Standards; Getting It Right! Don't think they are designed for double brick. WA has a particular way of building and unfortunately that's the way a large amount of sills are finished. 3 7011 Versaloc is a mortarless besser block system that still needs a properly engineered footing. If you just do a 400x200 footing it will fail in time. At 17m long you need it… 1 18055 |