Quote from: fluffypony on May 02, 2013, 08:45:25 AM

Quote from: Tomatocage on May 02, 2013, 06:30:54 AM

What can you offer for collateral?

bo2573 already asked that earlier and I answered, here you go:

Quote from: fluffypony on May 01, 2013, 08:23:20 AM

In terms of collateral, there would be a contractual stipulation allowing the money to be legally recovered from my home loan in the event of a default. I cannot allow a "lien" to be registered for two reasons: the bank does not allow liens on property for which there is still an active home loan, and local law does not facilitate liens (it does allow a bond over the property to be registered at the Deeds Office, but that is ill advised and in any event would break the bank's terms and conditions). The bank does, however, allow me to use my home loan as collateral, and the legal instruments for recovering those funds (even for lenders overseas) are well established, relatively cheap, and easy to enforce.

After read your request, I became interested to lend the money you need. However I want to know how you will guarantee that I can use your home loan as collateral in case you default. The interest rate is rather attractive to any lender, but the risks associated the loan are very high.