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BFCSA investigates fraud involving lenders, spruikers and financial planners worldwide.  Full Doc, Low Doc, No Doc loans, Lines of Credit and Buffer loans appear to be normal profit making financial products, however, these loans are set to implode within seven years.  For the past two decades, Ms Brailey, President of BFCSA (Inc), has been a tireless campaigner, championing the cause of older and low income people around the Globe who have fallen victim to banking and finance scams.  She has found that people of all ages are being targeted by Bankers offering faulty lending products. BFCSA warn that anyone who has signed up for one of these financial products, is in grave danger of losing their home.


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Who Do You Trust? Property Values decimated by Control Frauds run by Bankers, Property Promoters, Developers and Constructions. Petition for Royal Commission Tally 1193

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 White Collar Criminals have to be rounded up and jailed.  NO THEY ARE NOT TOO BIG TO JAIL!!!!!

 Check Mate?

Why and how property values have been decimated to favour banks, real estate agents and government.


How can property be worth less than it was 10 years earlier when  we have inflation constantly running on average around 3.5% per year?   SOMEONE IS CHEATING as Alan Jones roared on 2 GB.     Bankers at the highest level need to face A ROYAL COMMISSION!!!


My property was valued in 2005 for $750,000. Today almost 10 years later I cannot sell it for $750,000. Why! Because that’s all my real estate agent says a buyer will pay and because that’s all my bank will value at approximately based on recent sales. Because the majority of people do not have the money to buy it, or the confidence to invest when they see markets collapse which does not encourage them to buy. Because the majority of people do not trust the people in power , power brokers or the corrupt system we are led to follow like lambs to the slaughter.                                            

Inflation is based on the price of goods and service increasing over a twelve month period of time. The price of food ,clothing, motor vehicles, building materials, land, labour, taxes, council rates , insurances ,electricity, transport etc. You name it. Inflation being the cost of living does not get less.           Because of inflation the value of your savings has less purchasing value. When you purchase something you do not get more, you get less for your money.

 Don’t believe or trust what government or statistics want you to believe.                                                                                                                             For any self employed person or business when you get hit with rising costs you either wear it or work longer  or cut costs to compensate, or you simply pass on the cost increases to the next person. 

You charge more for your services. You put up the price of your products. You do not make any more money personally because you are paying more for everything else .    

If you work for someone else or rely on government public handouts  or charity you live in limbo like most others not knowing what will happen next.

You bust your guts to pay your mortgage, put food on the table, keep your family safe and maintain financial independence to avoid government handouts. If you are in business you cannot afford to always put up your prices so you have to cut costs. You lay off staff or reduce their hours or put them on casual work or you ask them to take a pay cut for the same amount or longer  hours they work. In business to cut costs you carry less stock, you discount prices to get sales, you purchase or produce lower quality products for sale. You reduce staff and or sell off assets for whatever you can get. You put up with outdated machinery or fleet of cars. You cut out staff training or bonuses and downsize your business. You postpone expansion.                                                                                                                 

As a  working parent you may cut out child minding or family holiday or higher education for your children. You borrow more against your house or business to use for shortfall or buffer repayments to service debt banks originally loaded you with to help you?  Your young adult children cannot support them self in the real world and move back home and live off the dole which pays more than employment elsewhere.

Businesses close down because their costs are higher than their incomes. The public stop buying except for the bare essentials. You cannot keep up the long hours you work to cover costs.                                                                                                                                                          

You use all your line of credit to service your debt till you have no more credit left.                                                                                

You default on your mortgage. You cannot refinance on your home because it is worth much less and you cannot afford to make repayments, and because banks no longer are lending unless you are a prime asset rich client they can prey on with high interest, low documentation capitalized loans.                                                                                                                                                                                                      

Desperation sets in and you have no choice but to sell your home for a massive value loss because your bank has issued a for-closure notice to you to sell or they take your house off you and force you into bankrupt. You cannot sell because buyers cannot afford to buy no matter what the price.      The only ones who offer to buy your home offer 10- 20% below bank valuation.                                                                                             

Your bank values your home using their selected panel of valuers who they instruct to value low based on a fire sale. Your neighbors have had their homes taken by their banks who have then sold off their home for the best offer they get to cover their debt owing or less which they can recover with mortgage insurance that the borrower has had to pay the bank to get their loan. Banks then value your property at fire sale value being less than your neighbours mortgagee sale price!                                                                                                                                                    

Lenders mortgage insurance covers  the banks in case of loss. If their is a loss the underwriters then sell off the debt for a discount to debt collectors who then harass the borrower to pay for the underwriters total loss.                                                                                       

Let me put this into perspective.

My house bank value Sept 2005 $750,000 based on recent real estate agents comparative sales, cost to replace, position, land value, age, appeal and saleability.                                                                                                                                                                                                   

If inflation is running on average at 3.5% P/A then my property must be increasing in value because of the higher costs to replace my property as is.                                                                                                                                                                                           

If you factor in 3.5% gain over nine years then the truer value of my property would be valued at the very minimum  of  $1,022,173 for Sept 2014.                                                                                                                                                                                                                     

If property such as mine has doubled every seven to ten years as history has proven over the last 100 years then my property would be valued after nine years at $1,425,000 approximately in  September 2014!   That is an increase of 10% per year!

If I cannot sell my house within approximately one or two months my bank will for-close on my property based on a so called independent FOS, Ombudsman who is paid by the bank who will in the majority of all cases determine in the banks favour who have done no wrong even though the evidence clearly proves otherwise.

 If property is overvalued or un-affordable as they have you believe it is because wages have not increased in proportion to the cost of living. To counteract this banks have manipulated prices downward to make housing more affordable so they can then create more loans to their favour.                                                                                       

If the valuation of my property has not increased in value over nine years then there is a serious flaw in the valuation method controlled by banks and real estate agents who do not understand the truer  value of property.                                                                                                                                                                                                                                                                                                                                 

If you are selling through a real estate agent it is their responsibility to act in your best interest to get you the highest price possible because the vendor is paying them commissions and marketing  fees to do so. It is your real estate agents responsibility to know the truer value of your property and your real estate agents responsibility to educate potential  buyers on the truer value of your property to verify your asking sale price and to stop values crashing and wiping out any equity vendors have in their property.

·         If your real estate agent cannot sell your house in their 60 day listing period they tell  you to lower your asking  price to what the buyers are offering based on recent comparable sales thus they are devaluing the market to get their commissions .

·         Whatever you decide to sell your property for is your choice depending on your circumstances at the time of sale whether it be above or below  a truer valuation.                                                                                                                                                 

·         The valuation document  should state the truer value or replacement  value of your property.   Not the sale price.                                                                                                                                                 

·         The price you have no choice but to sell for does not give your bank the right to determine the value of your property to satisfy bank share values and shareholders and CEO bonuses!                                           

·         The valuation of your property is not based on what somebody is  offering to pay you for your property.                                                                                                                                                                     

·         Your property valuation  is not based on supply and demand.

·         Property prices are distorted through property cycles created out of greed and market manipulation to favour the powers that be who claim control

Controlled Bank valuations based on real estate agents reporting sale prices are what distorts markets and steals the equity and retirement funds vendors have sacrificed their lives for to preserve their wealth and  facilitate a self funded retirement.

 Real estate agents are not valuers and cannot give a vendor an estimation of what their property is worth, or what they may get, or what they should ask for based on recent sales!

The reason the world is in a financial mess is because of the global financial crises triggered by the criminal activity and over greed of bankers, credit providers, cashed up investors, power brokers and government mismanagement by failing to regulate and enforce the laws and regulations applied to the industry they are in.

The lower property prices are valued the more affordable they are. More loans are generated to favour banks. More revenue for governments to collect. More commissions for real estate agents to claim. All of the above are a way of fixing and controlling prices to benefit themselves which is not in the vendors or the public or a countries  best interest!

The more they can get away with the more they make.                                                                                                                               

The less the public know the more they pay for!

If we are all not part of the solution then we are all part of the crime for not exposing such unethical crimes against humanity and not demanding compensation one way or another to bring back integrity and a lifestyle we can all live with and appreciate while we have a life.


You do not have to agree with what I am saying.  Property buyers will not till they are ready to sell. Bankers, governments, powerbrokers and real estate agents will not agree because they all have to much of stolen funds to payback .                                                                                        

If my article makes you think more about how you can protect your wealth that you have worked so hard for to be independent from government handouts and bankers control.                                                                                                                                                                        

If it makes you question who you trust, what you are taught or led to believe, or who advises  or recommends you to for whatever reason.                                                                                                                                                                                                                                    

Are they there for your benefit or more so for their own benefit?                                                                                                              

If I have done something worthwhile with integrity then hopefully you can do something similar and help others who face countless injustices  of which many of others create.


Support and Denise Brailey who is batting for the thousands of people who have been robbed of their savings, livelihood and trust in others.  Bank theft is a global crime                                                                                                                                                                        

Sign the petition on and demand a royal commission for change and justice.                                                                                                 If nothing changes then nothing changes



Yes it’s your turn to become involved.  Let it never be said we sit on the sidelines…………….whilst our homes and savings disappear.

This is the link and thank you for support as this is sorely needed and long overdue



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  • NABbed Nanna
    NABbed Nanna Friday, 12 September 2014

    In 2013 our home of 42 years was repossessed by Nab. The home and property sold for approximately 40% of the Nab agents valuation of 2007. Figure that out everyone. Obviously Nab work on two sets of regulations/rules ie: higher valuations for loan procuring and lower valuation when disposing of homes. How does that work? All the loan files indicate that the 1st and higher valuation was the Nab's escape plan not the 2nd valuation figure when sold. From that you can take it that Nab can do as they please it would seem and classify it as sensitive commercial information and kept secretive and concealed from the public. When the costs were taken from the Sales price which included Mortgage agent fees, Real Estate agent fees, Solicitor and Barristers fees, court costs, etc Nab were over $40K in the red not to mention the bullying and harassment that we have been subjected to after the Sheriff attended our home and evicted us. The Nabs agents are criminals and trespassed when it suited. Nab's whole rotten loan process was manipulative and devious and absolutely immoral and illegal.

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  • organza
    organza Sunday, 14 September 2014

    My home of 19 years was sold last year for just on double the purchase price in 1994. In a nutshell I ended with 50% of the sale price on a home bought 19 years ago with a 50% deposit and was right back to square one. Yet within months of selling all the stats. told me I would need to pay 40% more than I had just sold for to buy my home back. Now the stats. tell me I would need to pay 50% more so who is leading who down the garden path?

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