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  1. GreenTreeFrog

    Oh dear...

    We submitted a discharge request earlier this year on another property of ours and it expired after three months as well. Now we are settling on our place here on Monday so the new owners can move in. Meanwhile, we are storing our stuff at the garage of the place we are waiting to settle on! It...
  2. GreenTreeFrog

    Oh dear...

    Warning duly noted! I will never again put all our eggs in one basket that is for sure. The drama continues... settlement has been cancelled for Monday as the people who we are buying from, their Discharge from their bank has expired! How long does it usually take that sort of thing to get...
  3. GreenTreeFrog

    Oh dear...

    Thanks for all the suggestions. I submitted a complaint but really... the only benefit was me blowing off a bit of steam. Nothing changed, not that I expected it would. We have sourced the extra funds and settlement is all set for 2pm Monday. I am far less confident of it all going ahead...
  4. GreenTreeFrog

    Oh dear...

    Complaints department is on my list of people to call this afternoon when I leave work and head for the nearest bar. Thanks for all the advice, support, suggestions and sympathy.
  5. GreenTreeFrog

    Oh dear...

    Would you believe I spoke to my bank manager about this very issue several months ago specifically requesting we get the partial discharge approval sorted in advance so I could sleep easy knowing this wouldn't happen.... and he said "Oh no it will be fine. It is pointless doing it now, wait...
  6. GreenTreeFrog

    Oh dear...

    Apparently they want finances to re-assess the whole remaing portfolio to 80% because the LOC was low doc. We are in a serious pickle. I read today that the Chinese word for crisis also mean opportunity so I am trying to see the opportunity in here. Hmmmm...
  7. GreenTreeFrog

    Oh dear...

    We settle on a new property on Monday with a new lender and have submitted a Partial Discharge from ANZ leaving two loans and a small LOC against one dual occ property in north west Sydney - all up around 80% LVR. ANZ have come back to say they want us to reduce the remaining loans to 60% LVR...
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