I am looking for recommendations for a Victorian based conveyancing agent who had some experience with vendor financing.

Corie

coriemcmillan@hotmail.com

0404015420

thanks for the reply. Yeah thats sort of what i thought would be the case.

I do have other assets although most of these properties already have equity borrowed against them. My PPR is a new purchase and I have only been it for 9 months so I cannot see any money available in that.

If I sell the properties and just pay back what ever…[Read more]

Hello everybody

First of all, thanks for reading my post…..Im sure there are some smart people out there who will be able to answer my questions or steer me in the right direction.

If I want to sell a property but the sale price is less that what I owe on the properties what happens with the outstanding amount? I know I…[Read more]

As for 2Plan….it is one thing to go along to a seminar and have fun. It is another thing entirely, to pay money to someone to provide expertise and a service and receive nothing but lies and bad…[Read more]

What is a probate valuation?

One of the primary duties of an executor (or administrator) of a will is to value the entire estate, including the deceased’s property. An executor will be required to provide an estimate of the total value of all the assets (property/chattels etc), so that tax liabilities c…[Read more]

Latex I don’t think It wasn’t official…[Read more]

Can anybody recommend a property valuer in Melbourne, preferably south east suburbs that can provide a valuation that would be acceptable by a bank.

I am looking at a property that has acreage in an area that has a lot of residential blocks and comparable sales are very limited. One lender I have spoken to were willing to do a…[Read more]

Get your money back if you still have time!

Sent you PM

I recently completed building a pair of duplex units in QLD. There is only the 2 units both on separate titles with only the driveway as common land. Similar to a battle axe block.

I recently received a letter from the party who have been tasked to establish the body corporate file. They have also informed me that I am required to…[Read more]

At the end of the day its really only a rent to buy scheme and the title remains with the original owner until the buyers refinance and purchase the property which is normally after 4-5 years.

Tourism will be here for a long time, probably for ever. And the thing to realise is its not just aussies who are doing are frequent visitors to Bali. There are people from all over the world. Lots of americans, french, uk, scandies, all…[Read more]

I recently completed building a pair of duplex units in QLD. There is only the 2 units both on separate titles with only the driveway as common land. Similar to a battle axe block.

I recently received a letter from the party who have been tasked to establish the body corporate file. They have also informed me that I am required to…[Read more]

One way to get a higher sale price is to sell it through a vendor finance deal. The other benefit of doing this is if the deal is structured right it shouldnt cost you any more money from your own pocket until the buyers refinance. No paying rates or maintenance or property managements fee’s and your interest repaymentIts a great way…[Read more]

I have a IP in Roma and I use MAA livestock& Property. My Agent is Joanne Logan. She is great and has done a great job getting me tenants considering the market up there. How long has it taken to complete construction of the property? Mine took around 1 year and in that time the market up there has changed dramatically. Did someone…[Read more]

To be honest I cant remember if it has the legal docs. I know there are a heap of templates in there and it comes with the detailed feasibility calculator but I cant remember exactly whats in there. Tons of DVD’s with real life deals being made and step by step details from subject matter experts on setting up your own development…[Read more]

I actually have the Carly Crutchfield Elite development kit. but its in storage. I am heading back to Oz next month and there may be a chance I can get access to it.

Are you still interested?

Corie

I think I have worked it out. I wa logging on from o/s. I had done it a few weeks ago no probs but I think they have done something at their end because it gets blocked everytime, but if I turn my VPN on, it goes straight in!

Thanks again

Just wondering if there are any REI members out there that know anything about the site being down? Haven’t been able to find the site for over a week now. Have they closed their doors??

Thanks for clarifying that. I thought it was a long shot but I was just curious as to whether anybody else was doing something like this. Legally of course. I know it sounds dodgy but I know of guys who buy and sell 18k of car parts each year under a business name and then run a race team at the expense of that business, often at a…[Read more]

I dont think I explained my business idea very well and its not really a business….in traditional term. I am talking about properties that I already own and using the rent money as income and…[Read more]

I dont have anything to swap but may be willing to pay money if the price is right. Would you consider selling it?

Just thought I would offer my opinion and tell you about my plans. Unfortunately it is not the advice you are looking for but you may be able to take something away from it.

A mate and I are also looking at doing a small development and we are in the very very early stages of planning, but we are going to look at trying to locate a…[Read more]

I think trying to find a property in perth will be difficult if you have to come up with a 10% deposit and stamp duty if you only have 30k capital. Perth is over priced. Dont confine yourself  to the state you live in when  looking for a good IP. 
Perth and  Darwin are currently leading the way in terms of rising rents and growth which…[Read more]

To me it signals the end of WA's RE boom. I expect to see the economy contract hard over the next 12 months. Property prices will follow in due course as unemployment rises  and everyone realises the resource boom is really really over.

Freckle,

In case you hadnt noticed the WA RE boom ended a long time ago. And that is…[Read more]

The population of…[Read more]

Thanks for the advise, Some good pointers to remember for the next time I get in a similar situation. I was about to ring my broker but I cant help thinking that getting a low bank val in this situation is actually a good thing.  With the 25k discount the developers are offering I am ahead of the 8ball straight away. Even if I do have…[Read more]

I didnt think the federal govs budget would have much effect on projects that take place within this state. Didnt Colin Barnett just say recently that if he get back into power that he will build the airport and light rail link? 

I am litigating on behalf of numerous clients at the moment who have been done by some of these marketeers.  One very…[Read more]

I dont really have much of an opinion about better performing suburbs around Perth but perhaps something to consider is the new airport rail link the government are proposing to build from High Wycombe to Bayswater via the airport. Suburbs next to High Wycombe like Forrestfield, which already has large infastructure in place may see…[Read more]

Terry…[Read more]