latest corvera email

just had an email from corvera offering 3 options

1 change to a different unit from corvera (not sure how as now unable to get a mortgage due to change in lending criteria)

2. swap to a unit on roda (already have a property on roda)

3. lose deposit and pay compensation to corvera (not sure why paying compensation to a company who fail to complete on time)

has anyone else experienced similar problems? any advice would be appreciated.

Hi Speedysi,

Which Phase is the Corvera property on?

Regards,

Frank

I was under the impresssion that if you had three mortgage refusals on a property you were able to get your deposit repaid, Perhaps someone else will confirm this?

ahh...its so reassuring to hear that lenders are still managing to give money to all and sundry...what regualtions? what integrity ? GFC mark 2 on its way then. lessons not learnt.

It's OK Dave (Spanhod), Gaddaffi doesn't know when to give in either so you are in good company, or should that be bad company?