http://www.propertytribe.co.za/index.php/how-to-avoid-early-cancellation-bank-penalty-fees/149/ The Property Tribe is A South African Blog for anything property related, where the ordinary person has the opportunity to blog their opinion on Property. Tue, 07 Sep 2010 09:59:26 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.propertytribe.co.za/index.php/how-to-avoid-early-cancellation-bank-penalty-fees/149/#comment-40 Charl Wed, 17 Feb 2010 13:16:18 +0000 http://www.propertytribe.co.za/?p=149#comment-40 Another way to get the 90-day notice period "waived" is to take equity available in another bond to bring the outstanding amount down (ideally to zero). The banks calculate the penalty on the outstanding amount and 0 x anything = 0. Another way to get the 90-day notice period “waived” is to take equity available in another bond to bring the outstanding amount down (ideally to zero). The banks calculate the penalty on the outstanding amount and 0 x anything = 0.

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