BYE BYE KOBELKE!!!!!!!

Robert Bou-Hamdan
Mortgage Adviser

M: 0414 347 771
E: robert@mortgagepackaging.com.au
W: http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter: See – http://www.mortgagepackaging.com.au/index_files/newsletter.htm

Comments made are of a general nature and should not be construed as individual advice.

© 2004 M…[Read more]

Why see a FEW banks when you can see ONE mortgage broker and look at MANY lenders products and compare them???

Robert Bou-Hamdan
Mortgage Adviser

M: 0414 347 771
E: robert@mortgagepackaging.com.au
W: http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter: See – http://www.mortgagepackaging.com.au/index_files/newsletter.htm

Comments made…[Read more]

female, didn’t we do this already?

Robert Bou-Hamdan
Mortgage Adviser

M: 0414 347 771
E: robert@mortgagepackaging.com.au
W: http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter: See – http://www.mortgagepackaging.com.au/index_files/newsletter.htm

Comments made are of a general nature and should not be construed as individual…[Read more]

It would not be a MOBILE HOME if it came with land. A mortgage is predominantly over the land!!!

You will probably find you need a chattel mortgage or similar to fund the purchase of a mobile home.

Just because the numbers work, does not mean it is a great deal. There will be higher borrowing costs and the security will be very restrictive when…[Read more]

I posted on this last week. I believe Liberal will do this once they take control of the Senate next year.

Robert Bou-Hamdan
Mortgage Adviser

M: 0414 347 771
E: robert@mortgagepackaging.com.au
W: http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter: See – http://www.mortgagepackaging.com.au/index_files/newsletter.htm

Comments made…[Read more]

Interestingly, in Melbourne, a DA is called a TP (Town Planning) application. Regarding requirements to get one approved, one of the planners stated that approval from the owner is required IN WRITING in any form. She said a letter would suffice.

This to me sounds remarkably like a signature is required.

Oh yeah, she also confirmed that the…[Read more]

That sort of approval sounds like a ‘Clayton’s’ approval – the approval you have when you don’t have an approval.

Settlements do not always take place as expected and transactions sometimes fall over at the 11th hour. I would not like to be the Council allowing someone to do something to my land without my permission whether it increased value or…[Read more]

Female, you apply to the lender in the country you want or secure the funds against Australian property and buy overseas without a mortgage.

Robert Bou-Hamdan
Mortgage Adviser

M: 0414 347 771
E: robert@mortgagepackaging.com.au
W: http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter: See -…[Read more]

I need the same thing. I want someone with intelligence!

Robert Bou-Hamdan
Mortgage Adviser

M: 0414 347 771
E: robert@mortgagepackaging.com.au
W: http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter: See – http://www.mortgagepackaging.com.au/index_files/newsletter.htm

Comments made are of a general nature and should not be construed as…[Read more]

Seeing 100 properties would take a long time. Making offers on 10 would lose your credability if they are all accepted and you do not proceed. Arranging finance on 3 will see your credit history in a little mess. Buying 1 is never a certainty as your friends are finding out.

There are no hard and fast rules. Also, if I arrange finance on 3, I buy…[Read more]

When you say mobile home, what do you mean exactly?

I can’t see a 100% lender using a mobile home valued at 33k as adequate security in a hurry. Who did you discuss the 100% loan with and at what interest rate?

Robert Bou-Hamdan
Mortgage Adviser

M: 0414 347 771
E: robert@mortgagepackaging.com.au
W: http://www.mortgagepackaging.com.au

FREE…[Read more]

THERE ARE A LOT OF SHEEP!

Robert Bou-Hamdan
Mortgage Adviser

M: 0414 347 771
E: robert@mortgagepackaging.com.au
W: http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter: See – http://www.mortgagepackaging.com.au/index_files/newsletter.htm

Comments made are of a general nature and should not be construed as individual advice.

© 2004 M…[Read more]

Unannounced, as I said, I tried to get one going in Sydney once through this website but there was not much interest. Maybe it was just me.

I believe there is already one going in Brisbane and some in other cities.

I think I will ask Steve.

Robert Bou-Hamdan
Mortgage Adviser

M: 0414 347 771
E: robert@mortgagepackaging.com.au
W:…[Read more]

The only difference between 100% finance and a smaller loan to valuation ratio is that you are borrowing more and the interest rate is a little higher. Also, it is harder to get 100% finance. If you can find a positive property with 100% finance, you are a champion.

As Richmond said, throw some numbers our way.

Robert Bou-Hamdan
Mortgage…[Read more]

DOCEP is doing some good things regarding licensing but they are taking things a little far regarding the requirements. Waken, if I was wrapping a property as the purchaser, I would be lodging a caveat on the property to ensure I can have a go at getting some of my money or equity back. A good legal adviser would inform their client of…[Read more]

Alistair,

I am not certain under which Council you operate, but the three that I deal with all require registered owners signature on any application to make changes to their property.

Remember, the property is still legally the vendors’ until settlement. What you are suggesting is crazy! I am interested to see what you define as…[Read more]

What are the legal requirements for non-residents purchasing property in Canada?

Robert Bou-Hamdan
Mortgage Adviser

M: 0414 347 771
E: robert@mortgagepackaging.com.au
W: http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter: See – http://www.mortgagepackaging.com.au/index_files/newsletter.htm

Comments made are of a general nature and…[Read more]

You should sit down with a broker and do the numbers. There are various different options available. A lot will come down to how much deposit you have and your income.

As an example – and “I am not recommending you do this” as I do not know your personal situation – it would be cheaper to use your deposit to pay out a more expensive personal loan…[Read more]

Yes you can get interest only loans with an offset account. I usually recommend these loan types before a Line Of Credit as the LOC is usually more expensive.

Regarding your comments about drawing the loan back up, I think I understand what you mean. If you mean the loan amount will increase back to the limit if you use it all, that is correct.…[Read more]

Education is the most valuable tool available. Regarding the cost, it is free online or from a library. Seminars are good learning and networking events so attending the odd one here and there can be invaluable. You can also learn from joining clubs and groups of like-minded people.

I tried once on here to start a monthly meeting of like-minded…[Read more]