wowww richard…. seems like you are flooding with your post… ANZ simplicity 7.62%.. does it include offset account? is that include 0.25% off recently?What make u think that we can't re-structure with OneDirect?Thanks
The chances are you have to drop the price to meet the demand… if the unit on the top floor sold for 350k.. Well I guess that you have to drop it to match A$350k (at the most)….I hate to say that.. despite falling interest.. but it is still very difficult to sell….only agents that told you about bull market when interest falls. Our CPI > 5%…[Read more]
Wel, it is clearly that 'moderator' of this website has DIRECT or INDIRECT interest/link wit the Park Trent Group.They are just too afraid to disclose their interest….. "…..PropertyInvesting.com in danger of legal action."… Well I can guarantee you that I haven't heard any Supreme court case that the blog is being sued… unless some one can…[Read more]
Well… this is typical bear market perception….. go back to 2003.. majority people were advised to BUY BUY BUY BUY because property growth DOUBLING every 7-10 years….well towards the end of 2008…. the market has fallen dramatically and none of broker/adviser would advise to BUY BUY BUY stating that it may fall further 20% or 30%???? You…[Read more]
Yeupp.. use solicitor or property lawyers mike… conveyancer?? you will be better do it yourself… I know is more expensive but… you pay for what you receive.
Wizard or GE money just about to open their own graveyard.Where is Mark Bouris, Aussie John etc… who always talk rubbish… !!! But they made billions from poor borrowers (being persuaded to borrow from their 'competitive' rate)
Live long non-bank lender….Pity to Wizard franchisee… they lost $$$$$$their products are NOT competitive at all…Where are Mark Bouris or Aussie JOHNS who always talking RUBBISH wanna to challenge the banks…..???
It is just a history for 100% finance…. probably you will find it in the next edition of microeconomics text book for high school and uni students.And non-bank lender providing 100% finance… you can visit them in their graveyard… It is just the dream… which has came through.Cheers
I hate to say.. but serviced aparments around chippendale/surry hills/ camperdown are dud investments.I guess that the ROI is probably 6.5% to max 7% but after strata fees and high cost turn over/management fee the difference is probably MAX 0.5-1%.
Wow.. removed due to [Removed due to questionable content at the request of Park Trent Properties Group Pty Ltd]Seriously… where is the Freedom of Information?I am so scared that the moderators in this blog are related to Park Trent Properties…. (but they are of course too afraid to disclose). ?Steve Mcknight is also related with Park…[Read more]
7.55% is very competitive in fact the lowest variable rate available in the market.It is good for 1st home buyer or investment loan with simple structure.I did ring them regarding investment loan under DFT… and they said that they need at least 2 years tax return before they can open an account.Nevertheless, they have superb features with access…[Read more]
I thought that few months ago.. SCAMP was predicting the interest rates are hitting through the roof…ie. 10% or above… (look at his/her past review).. but it is now heading towards 5%… WRONG prediction again… !!!Sure we are not sure the bottom end of this crisis.. but I bet that we are closer to the bottom end than 12-18 months ago… If…[Read more]
Hi Kevin… That is what exactly I was doing over the last 12-18 months pluging cash into PPOR loan.. my understanding the market has changed and in the current market… as IR is falling and dividend yield is more appealing in the next 12months.I still don't understand why people are selling while the market is crashing…. Isn't it time to b…[Read more]
Yes I do agree Terry… brokers who advised 'non-bank' lender should be put into jail…. eeeehehe…I heard alot re: RAMS, WIZARD, Peppercorn etc…Sure.. they will dismiss soon… just wait the time..Aussie John was loud about competing with bank only 2 years ago.. but Aussie home loan only passed on 0.75% c.f. bank 0.8% and worse still sold…[Read more]