Of course it is possible.

People do it all the time.

You can even buy kits with everything you need.

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

sleep?

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Selling a houise is easy.

Getting the best possible price for it might be the hardest part.

Agency fees seem expensive but you might need to do some research on whether you feel they add the value to the end price before you decide.

All the best,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant…[Read more]

In this situation I would have recommended a 30 year term but set the repayments at the amount to pay it out in 15 years.

If at any time if you felt the strain they could be dropped back to the 30 year amount. You would also build up savings in the loan which could be used for future purchases.

Just a small tip for next time…[Read more]

I may be able to make it down on Sun afternoon.

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

fear

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Thank you Chan……is this how you see me?

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Vietnam, Laos and Cambodia are a lot of fun. Easy enough to fly into Bangkok, get a sleeper train to the Laos border and then just wander around from there. I had a ball!

You’d love it Kaye

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend…[Read more]

Go overseas.

You will regret not going when you are older. My best memories are of travelling!

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

I think that I would wait until the lease expires. Give them plenty of warning that the property will be raised to market rent and they can then choose whether to stay or move.

Use a PM as they have no problems managing rent increases. The extra rent will more than pay their comission.

Bottom line is she is running a business not a…[Read more]

This is very much an American strategy. Where they sell the property for what is owing on it.

Over here foreclosures are rare and when they occur the property goes to auction where they must achieve a fair market price.

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual…[Read more]

As usualy Terry can offer a more succinct and accurate description [biggrin]

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

I believe so.

Call your relevant state department.

They are listed at:

http://www.mortgagehunter.com.au/first-home-owner-grant.html

Share the answer here!

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or…[Read more]

I believe that this is the case.

You need to get the claim in before the 12 months though.

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

The only catch may be the payment of stamp duty on the transfer.

Speak to Nick at Stategic Wealth, he is a great guy.

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a…[Read more]

Some people choose IO for five years to keep the cashflow out slightly lessened until rents and wages have risen.

Purely a personal decision. No right or wrong here folks.

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial…[Read more]

I wouldn’t go near it myself.

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

They are basically lending on the asset.

They lend 65% of the total valuation which covers them if they need to sell the property to pay the debt.

These deals are there for a reason. They are not regulated by the UCCC and as such it is up to the borrower to make sure he is comfortable making the repayments. Rates are currently 6.85%.

If you…[Read more]

If you haven’t lived in it the answer is yes.

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Desk top,

If you know you can afford the repayments then you can easily get a loan to buy another property for about the same value without a job.

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation…[Read more]