Blacklist? Properties the banks don’t want to lend you money for

  • No one wants to buy a real estate dud. And in the game of buying bricks and mortar, some properties are a safer bet than others.

To spot a property lemon, it’s a good idea to look at the attitudes of the people stumping up the money for them: the banks. It’s in a bank’s best interest to make sure an investment won’t go belly up.

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bank-blacklisted

It doesn’t matter which bank, property experts say Australia’s lenders won’t give you money for risky investments. Photo: Paul Rovere

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