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Warnings of 'financial, emotional minefield'

Realtors' dishonest tactics, tricks, incompetence and cover-ups will be revealed at a series of seminars later this month, an Australian crusader says.

Monday, August 16th 2004, 6:57AM

by The Landlord

Author and whistleblower Neil Jenman will run a series of seminars that he says will show people what really goes on in real estate.

But Real Estate Institute president Graeme Woodley roundly rejects Jenman's tour and warns people against attending the seminars.

"If you want to waste your money, go," Woodley said, unaware that the seminars were free. "Jenman used to be in real estate and now he makes money out of running seminars, writing books and bagging the industry. I've read his books and he's trying to suggest the whole industry is the same as the bottom 2 per cent who spoil it."


But Jenman's seminar promotion promises to save people thousands of dollars.

"In just three riveting hours Neil Jenman will show how thousands of real estate consumers collectively lose millions of dollars every year. You will be amazed at what you discover," the seminar promotion said.

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Lender Flt 1yr 2yr 3yr
AIA - Back My Build 3.34 - - -
AIA - Go Home Loans 6.39 4.75 5.45 5.45
ANZ 6.29 5.59 6.09 6.19
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - 4.99 5.49 5.59
ASB Bank 6.29 4.99 5.45 5.45
ASB Better Homes Top Up - - - 1.00
Avanti Finance - Near Prime 6.85 - - -
Avanti Finance - Specialised 8.00 - - -
Basecorp Finance 6.35 - - -
Lender Flt 1yr 2yr 3yr
BNZ - Mortgage One 6.44 - - -
BNZ - Rapid Repay 6.44 - - -
BNZ - Std 6.34 ▲5.19 ▼5.35 ▲5.59
BNZ - TotalMoney 6.44 - - -
CFML 321 Loans 4.20 - - -
CFML Home Loans 6.55 - - -
CFML Prime Loans 6.70 - - -
CFML Standard Loans 7.20 - - -
China Construction Bank 6.44 4.85 4.95 4.95
China Construction Bank Special 6.44 5.85 5.95 5.95
Co-operative Bank - First Home Special - 4.89 5.29 5.59
Lender Flt 1yr 2yr 3yr
Co-operative Bank - Owner Occ 5.69 4.99 5.45 5.69
Co-operative Bank - Standard 5.69 5.49 5.95 6.19
Credit Union Auckland 7.70 - - -
First Credit Union Special - 5.09 5.49 -
First Credit Union Standard 6.49 5.69 6.09 -
FMT 7.15 - - -
FMT Development 7.90 - - -
Heartland Bank - Online 6.35 5.89 - -
Heartland Bank - Reverse Mortgage 7.99 - - -
Heretaunga Building Society 6.50 5.50 5.65 -
ICBC 5.39 4.49 4.99 5.25
Lender Flt 1yr 2yr 3yr
Kainga Ora 5.79 4.59 4.95 5.19
Kainga Ora - First Home Buyer Special - - - -
Kiwibank 6.25 ▲6.05 6.29 ▲6.39
Kiwibank - Offset 6.25 - - -
Kiwibank Special ▲6.25 ▲5.15 5.39 ▲5.59
Liberty 6.65 6.55 6.22 6.20
Nelson Building Society 6.99 5.19 5.49 -
Pepper Money Near Prime 6.55 - - -
Pepper Money Prime 5.99 - - -
Pepper Money Specialist 8.00 - - -
SBS Bank 6.34 5.39 5.89 5.89
Lender Flt 1yr 2yr 3yr
SBS Bank Special - 4.69 5.29 5.29
SBS Construction lending for FHB 3.79 - - -
SBS FirstHome Combo 3.29 4.29 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 7.99 - - -
TSB Bank 7.09 5.65 6.29 6.49
TSB Special 6.29 4.85 5.49 5.69
Unity First Home Buyer special - 4.15 - -
Unity Special 6.04 4.80 5.29 -
Unity Standard 6.04 5.60 6.29 -
Wairarapa Building Society 6.25 5.15 5.65 -
Lender Flt 1yr 2yr 3yr
Westpac 6.39 ▲5.79 ▼5.89 ▲6.19
Westpac Choices Everyday 6.49 - - -
Westpac Offset 6.39 - - -
Westpac Special - ▲5.19 ▼5.29 ▲5.59
Median 6.39 5.15 5.49 5.59

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