Categories: uncategorized
Date: 19 March 2004 20:09:38
Mum and Dad's loan got application got knocked back rather swiftly, due this time to the fact that their house is classed as "rural" (they have a nice 5 acre block with a big vege garden and some natural bushland up the back) Apparently "rural" is another one of those keywords that banks don't like, similar to "leasehold".
They came around after dinner last night and we drank a bottle of wine and ate a block of dark chocolate with macadamia nuts, talked a lot and then felt a much better about everything. They are rather taken aback by how much trouble it is all being - which I totally understand - but we're not giving up just yet.
They're going to call the bank they are currently with and I'm going to call Bendigo, who we're currently with, and we'll see if we can't come up with something. The other option is a "low-doc" loan that Loan Guy offered as a second option, but the interest rate is higher so Mum and Dad were understandable hesitant about that. Elicia and I would pay for any extra costs they incurred, of course, but if it works out too expensive then it's just silly.
Seems like it might also be a good time to look at other options: renting for the season is too expensive, but some of the lodges hire live-in managers for the season, which would mean we'd actaully get paid to stay there, nice! Hard jobs to get though, for good reason.