My husband and I have just had a meeting with ABC Financial Group and they wanted $395 to travel over to Melbourne so that their financial guys can assess us. They then take us out to look for property, if we want to proceed. Has anyone paid the $395, gone to Melbourne and proceeded with a property purchase?
Sorry they want you to pay $395 to get you to go their inhouse Mortgage Broker in another State to be told whether you can afford to purchase one of their over priced properties.
I think i would be running a mile.
Richard Taylor | Australia's leading private lender
Can't they assess you via email,phone, video conference, etc without you having to travel?'
If they are not willing to do this, I'd say forget about it.
Seems like they want you financially committed from the start.
Face to Face meetings are just not neccesary for this kind of situation.Ask them what they think about this.
We really need an AGREE button next to Mr Angry face don’t we?
People do not pay for this advice, it is free in todays climate….
Now if these guys owned an ipad they could do a whole presentation and then get you to skype for free … haha … read other threads on them here … compare everything with realestate.com.au to get a gist of the prices as there are lots of 2/3 year old property for sale as resales.
Plus great advise above …
Please don't do it! I have been financially burnt <moderator: delete personal comment>. What you will find is that after the rental guarantee period is up you will have no tenant – there's never been one. Then, you will be stuck with the ongoing bills for the property. If you want to sell, you will have to pay around 18 months rent and their "advertising" fees (all of which came to around $22,000 in my case). There will be no gain in property value because they have built too much of it. This is a way for them to transfer the costs of their over development on to you. They are a hideous group – have nothing to do with them or their high pressure sales techniques.
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