[maccParticipant@maccJoin Date: 2016Post Count: 14]

June 19, 2016 - 9:55 am

Thanks for the tips and thoughts people appreciated.
I hear you to Benny , thanks mate,l usually have gut telling me what to do too but every now and then things get a bit blurry and you just can’t tell, hate that.

Anyway , good news and gut feels great about too. Got the place, great price too and now l can’t wait to get in there so l think l’m all good.
To right NG , it would be nothing that a second job just for awhile if needed wouldn’t fix anyway.

Thanks guys , getting exited now. Cheers

macc

Vic

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May 17, 2016 - 8:30 pm

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• This reply was modified 7 years, 11 months ago by  macc.

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May 10, 2016 - 8:59 pm

Crazy giving people with that sort of stash a pension and don’t forget , what sort of percentage would have those kind of assets and stash anyway, wouldn’t be that many you wouldn’t think.
Can’t take it with you though and a good looking corpse means a very boring life so l say spend and you’ll only have 10 or 15yrs to do it too.

The other thing is , don’t forget people say 30k a year but hey, at that age they probably have no debt, no repayments, no car loans, eat like sparrows and probably just watch tv every night so 30k is the same as 80 or 90k to us.

ps and ,they’d be selling things off now and then too and putting away some pretty good money to play with as well.

• This reply was modified 7 years, 11 months ago by  macc.

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May 10, 2016 - 8:39 pm

Wish that were all Richard , l’ve heard it a lot but the trouble is yeah when you put in the app that’s how it is but not when they see the post code and town sizes , that’s the thing.

lt took 6mths to finance my last place.

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May 9, 2016 - 8:30 pm

l go first and for most, our prices are ridiculous as in what near the dearest in the world and for what, there’s something way wrong there.
There has to be a correction sooner or later no matter what anything else does.

• This reply was modified 7 years, 11 months ago by  macc.

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May 8, 2016 - 1:01 pm

From what l’ve seen Australia’s nothing like the US in just about any possible way let alone on lending.
We are so tightly ruled and over regulated here in every possible area not just money,it’s a nanny state.
But anything’s possible and tbh l’m amazed our market hasn’t collapsed with over priced everything not only housing but to suggest Australia make even more rules and chains and restrictions on anything not just housing or Depps dogs, is just ridiculous, we’re already a laughing stock.

As for our banks though,record profits no one else in the world as far as l know can even imagine, charges nobody else have even heard so nope they’ll be right you can bet your sweet bippy on that, at our expense.
But you do wonder with everyday people and mortgages though also almost the highest in the world even for average living in suburbia.Add our cost of living also among the highest, our taxes on everything,also among the highest, forget wage tax that doesn’t even scratch the surface as if that wasn’t high enough, double that again with everything hidden,then add our debt ratio,also among if not the highest in the world.
Then you do really gotta wonder about just what becomes of everyday people and their mortgages if things dump.
The gov can’t even handle what , a 2 or 3% debt but the average Aussie is in hock upto their necks so there’s zero leeway.

• This reply was modified 7 years, 11 months ago by  macc.
• This reply was modified 7 years, 11 months ago by  macc.
• This reply was modified 7 years, 11 months ago by  macc.

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May 8, 2016 - 10:23 am

Hmm , thanks for that Terry, l’m going to go with that and see what l can do next wk with it l think.
lt’s just a case of timing right now as what cash there is has just been put back into work and is tied up there for a few mths but with my other places , it shouldn’t really matter l guess but l would like to get this place just tied up a bit first though before l went to too much other trouble.
lt’s a lot of work and time getting finance up here, regional Vic and l’ve learned only too well in the past , save myself a whole lot of grief and don’t even bother unless you have a few of the main eggs lined up first and can be pretty sure you’ll be able to get it.

Anyway then , l’ll see what l can do with that then and take it from there. Cheers

macc

Vic

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May 7, 2016 - 9:43 pm

l did try that early on , not much luck.
The trouble is in a nutshell , most people with the bucks are super cautious p@ssies tbh that can’t really seem to see the potential. They’ve usually made their money in some other way and will waste your time and ask you to jump through a million hoops for mths on end, meanwhile somebody with the nerve has grabbed done and dusted the bucks while they do their knitting on you.
l lost a few absolute no brainers messing round with them but, that was my experience , maybe you’d have better luck.

ps , if you do try that way maybe a shortcut might be to approach people that know and actually do property rather than just someone with the coin. but one catch there is they have the eye and the bucks to steal the deal if it’s any good.

• This reply was modified 7 years, 11 months ago by  macc.
• This reply was modified 7 years, 11 months ago by  macc.

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May 7, 2016 - 8:32 pm

Yeah but l know an investor or developer would get that should he be the one selling but do everyday people selling their house ever except something like 100 or a k down ?

Should l try talking that over with the agent ?

• This reply was modified 7 years, 11 months ago by  macc.
• This reply was modified 7 years, 11 months ago by  macc.
• This reply was modified 7 years, 11 months ago by  macc.
• This reply was modified 7 years, 11 months ago by  macc.

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May 7, 2016 - 8:20 pm

Haha yep l can come up with 1 dollar but what exactly do l do with it ? Put it this way what seller is gonna hold a place for a dollar down on it if that’s what you mean , l’m all ears though if there’s a way .

• This reply was modified 7 years, 11 months ago by  macc.

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May 7, 2016 - 5:50 pm

Slight problem with that one Terry you missed the part where l said l have 2 properties but no cash deposit right now.
If l had a cash deposit l’d just put in an offer and ask for 90days subject to finance , no biggie.

l need a way to hold it for at least 60 preferably 90 days , when l don’t have the deposit right now.

• This reply was modified 7 years, 11 months ago by  macc.

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