if i was unsure as to the value of a property i would ask a valuer (see yellow pages) or use a buyers advocate wch can be another realestate agent. you cn pay them a fee to act on yr behalf.

cheers

hey pinky – mail order businesses are huge in canberra.

all types of products!!!

no problem – they are meant to inspect and value the property once you apply for a loan but generally unless you have paid way too much they accept what you pay for it – in the end. if that makes sense???

best to get it valued independently and if the bank dont agree then you have a case to argue!

remeber that the banks main aim is to sell you a…[Read more]

thanks start, i realise that – i should never of posted this one

sorry!

ambo72

g’day – you cld get yr property valued by an independant valuer! most people go by recent sales in the area.

cheers

chan – ive seen the movie. thanks for the tip!

ps – im serious yr last line doesnt make sense – nothing personal

g’day chan – at the risk of being a smart…e.

i love the captions at the end of your messages except the current one states ‘keep running yrour nearly at the end of financial freedom. ie if you keep running your about to enter a period of financial imprisonment….[]

i hope there is a sign saying wrong way go back!!![]

hi houses only – i was in china a few months ago on business. whilst some of what you say is right plse be careful thinking china is the same china that we have seen portrayed in the media over the years. china has huge cash reserves, standards of living have increased dramantically – big middle class, and wages are on the way up. and yes it has…[Read more]

housesonly – dont be too dogmatic. ausproperty is right there is strong sentiment the usd has some way to go. the aud was massively undervalued.

i remember a few months ago you also said that china had a long way to go before being a powerhouse…..

look whats happened…..

i agree with most of the stuff you say but sometimes you think a little…[Read more]

with ref to houses only and steves interest in franchises. just beware they dont all work…my family used to own a pizza haven. some less than scrupulous franchisors make their money from selling the franchise. therefore if one doesnt work they will happily buy it back and onsell it to someone else. the problem i have is that as an investor you…[Read more]

hi there

my thoughts are

usa economy – could be on the improve but the debt is massive so still alot of questions

interest rates – only a 50 pct chance they will go up in the short term.

still reckon risk managment the way to go – evenly spread across my portfolio. must admit havent seen the drop in the re market that was expecting. people…[Read more]

KAY – I LIKE YOUR POSTS…..[] DONT GET ME WRONG…

ALL THIS GYM TALK HAS GOT ME FATIGUED…

BEER MMMM!

my tastes are very similar to kurious. you must be in yr early thirties. throw in buffalo tom, billy bragg, ron sexsmith, radiohead and beck. did i mention kiss…

cheers

hi guys – long time no speak. i can guess why the forums are quieter. its because the new format is less confrontational. tis difficult to get on yr high horse when you know that the object of yr derision cld be 1 of 10 other forums. its like a boxing match. if the blows arnet traded quickly the audience will lose interest…

its probably a good…[Read more]

hi sooshie

merry x’mas to you and all the other members

heres to buying more property in 2004…..

hi toystory

first property i bought i offered 25 pct lower than what they wanted. sold….

i think the practice only works in the right market ie conditions are right for the strategy..interest rate rises, lots of property on the market, property been on the market for more than 2 months etc etc

by the way i dont think low balling has anything…[Read more]

oh yeh – one last thing. blve the rule says that you must complete the building w/in 12 mos or can only claim 12 mos – or something to that effect..

sue – good question. i guess the way i would prove is that the loan is an investment loan and that i have stated from the very beginning that i intend to use the house once built, as an investment property. what happens if i change my mind??? not sure……….

g’day

it was an interesting piece of info i got from api magazine a few months ago and because i was building on a vacant block it stuck in my head. went to see my accountant who said it cannot be done but i asked her to look into into. im not sure of the actual rule but she came back and after some checking confirmed that it is possible. i have…[Read more]

sounds like you are on the ball. all yr questions comments, worries etc are completeley valid.

depending whpo you talk to

– property on the way out
– sharemarket volatile

etc etc

i think the main thing for you is not to go backwards over the next 12 mos

dont worry too much about interest because with only a small amount amount invested the…[Read more]