Search results

The big 4 bands will not finance NRAS projects: http://www.theage.com.au/business/property/bank-blacklist-puts-floor-under-risk-20110911-1k455.html This does a lot. IMO - if borrower defaults in short term, I believe the banks believe they will take a higher loss if there is a fire sale on...

I have done generalised number crunching - so please no one shoot me down! These are simply opinions - and may not be fact or have any substance. Take it as you will! My summary - but take it in good account if you are thinking of buying NRAS. On average NRAS properties are inflated by at least...