I used to have a WRX. That nice Subaru WRX blue. Cost $44k. Paid it off in 1 year. Beaaaaauuuutiful car. Clung to the road around corners, around roundabouts at 60km/hour without moving an inch.

It sucked *premium* petrol like no tomorrow, though. I barely got 300kms to a 55 litre tank.

Got rid of it over 12 months ago for a 2003 Commodore.…[Read more]

Originally posted by Celivia:
Sounds exciting, mja!
I just want to say, because you’ve mentioned bamboo flooring, that this would be a great and practical choice, since you are thinking of renting it out later.
My husband has just installed a bamboo floor somewhere, I had a look and absolutely loved the look of it! It is ever so hard wearing and…[Read more]

Hey’ya Surrey,

Wow… what a detailed post!

How much roughly did you pay for timber laminate?

It seems to be cheaper to have the whole house at 9 foot ceilings, at least according to the builder.

The estimator comes back in about a week with a very detailed number of pages. I’ll examine his work with a microscope!

Good call with the…[Read more]

Originally posted by g7:
Hi MJ,

With regards to your new house you should design it the way you want and then think about it’s rentability if and when you get to that, because circumstances could change.

Brookwater is a nice spot, I should know because I was until recently up the road at Springfield Lakes with all the riff-raff!

Indeed: this…[Read more]

Originally posted by pbatey:
Hi Rick

The two loan options, loan and equity, are just different loan options that allow you to split the finance across two different loan settings if needed.

The principal figure is the principal payments paid for that period of the loan, a bug has been fixed for the next release where principal payments still…[Read more]

Originally posted by TMA:
Do you know where that information usually comes from???

TMA
http://www.email4money.info
Essential Links
First Home Buyer Website

Where?

Do tell!

— MJ.

Thanks Scott! It’s interesting to see communication between the Tax Office and accountants. I haven’t even heard of a ‘Sun Screen’ allowance, for example.

— MJ.

Originally posted by JKM:
Geez Dazzling did you fluke that settlement time or what??? In NSW it is levied on property held at midnight on 31st Dec. I have forced settlements for land into January just to avoid the nasty thing.

JKM,

Isn’t that just delaying rather than avoiding? )

— MJ.

Hey westan,

Shouldn’t that read “0%” rather than “No”? The NZ Government could easily increase this from 0%.

— MJ.

Apparently St George have had that 0.7% discount for a while…

Originally posted by Mobile Mortgage:
St George offer a 0.70% discount for borrowings in excess of $250.000 in Vic, Qld, WA, SA, Tas & NT.
For NSW & ACT the 0.70% discount takes effect at $500.000 total borrowing, Cheers.

Regards
Steven
Mortgage Broker

Mobile Mortgage Market
Ph:…[Read more]

Originally posted by mja:
Hey all,

Vacant land, at least in Queensland, is classed as an investment because you can’t live on vacant land. Makes sense.

However, if I build a house on it and make it my PPOR, can I get a rebate on the stamp duty?

An answer from my solicitor, based on the vacant land being in Queensland:

“No, you do not get a…[Read more]

Originally posted by Stuart Wemyss:
Hi all

ANZ will now offer 0.70% off standard variable rate for clients that have in excess of $700k of borrowings.

I assume that’s over $700k of total borrowings?

If so, *rubs hands together*, … excellent.

— M.

Brisbane City. Two blocks from Queen Street Mall.

— M.

Originally posted by regrow:
hi Phil

Could you tell me how to get to the download page as I cant seem to find it

thanks

Regrow
You are a fool for 5 seconds if you ask a question, but a fool for life if you don’t.

Instructions would be in the email you received when you purchased the product.

— MJ.

What a crock. (Not you, MA, )

You only really make cash if you get others to ‘join’. For 2-20 cents per email, your eyes will be *bleeding* before you start making any money.

Oh, and if you get any emails for the first couple of weeks/months that is.

Nothing is for free.

— M.

Originally posted by danielwpc:
Hi,

Is it worth to buy M on Mary in Brisbane? I am thinking a one bedroom + study apartment for $361000 and it will settle in Sep 2007. Will it have capital gain potentially?

Regards,

Daniel

Hi Daniel,

That’s way too expensive for a 1 bedder + study.

How many sqm is the unit?

You could buy, *right now*, a 2…[Read more]

Originally posted by dmichie:
How many times have you asked an agent what price a house actually sold for, and s/he says: “sorry, I can’t tell you”. It happened to me just yesterday. Drives me nuts! Why the friggin’ hell can’t they tell you?

Probably privacy. Or the fact that they really don’t know. I’m dealing with a real estate agent for a…[Read more]

Originally posted by lachlanward:
Does anyone know a good solicitor in Brisbane that specialises in property sales and puchases?
Thanks,
Lachlan.

Hi Lachlan,

I use Anita Patel. She’s very experienced in property purchases. PM me and I’ll pass on her details.

— MJ.

Originally posted by Terryw:
It depends on which state you are in. In Victoria I beleive it is payable at settlement.

In Queensland for OTP, Stamp Duty is payable at settlement.

— MJ.

Quote:
Originally posted by JULES1:
Mark
I want to get the FHOG and Live in the property for 12 months as a PPOR (1).

For FHOG you only need to reside at the property for a minimum of 6 months…

— MJ.