A TRADING company is a good idea.

When I grow up, I want to be a storm trooper!

No they don’t Terry. The maximum discount under Breakfree ‘policy’ is 0.6%. You can only get 0.7% as a matching policy and it is ‘discretionary’. They will consider it on loans over 500k to match St George but you have buckleys of getting a LOC at 6.37%. In a tight market, you will be lucky to get 0.7% on standard loans even at 750k borrowing to…[Read more]

That is a whole different scenario to the one this thread is about. There is nothing special there. Almost all lenders will do this. Thy are just looking for “hurt” money!

When I grow up, I want to be a storm trooper!

If you are selling within 12 months, I would be using a company and capping the CGT at 30%.

When I grow up, I want to be a storm trooper!

Is that supposed to be a 0.7% discount on a LOC Terry or are you recommending their Pro Packs or Breakfree?

When I grow up, I want to be a storm trooper!

“Snap” ?????

When I grow up, I want to be a storm trooper!

Originally posted by terryw:
BTW, brokers can just order the val themselves without going through the ANZ network.

I am aware of this.

I have to ask though, why do you find a need to revalue property within a month of the initial valuation and how do you get a 30% increase in a month?

Why didn’t you just get the higher valuation done the first…[Read more]

Sounds like a 100% deal to me!

When I grow up, I want to be a storm trooper!

Originally posted by **PropertyGuRu**:
Hi guys, didn’t look at this post before but lot’s of editing been done so don’t know what’s been said already but PI.com forum members already meeting once a month in sydney for last 14-15 months without any problem!!

Cheers
PropertyGuRu [sultan]
Mortgage Consultant
amit@discoverhomeloans.com.au
MSN ID:…[Read more]

It is not whether it is a ‘property’ or a ‘home’. It is whether you move into it or not.

If you do not apply and do not move into it and the property was bought after 1 July 2000, you can get the FHOG later when you buy a home you move into.

If you do apply and do not move into it and the property was bought after 1 July 2000, you have to return…[Read more]

Don’t use a LOC!

Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd

Originally posted by yack:
Agreed. The figures are just confirming what I have intimated for a while now.

And there is still room for more price falls. How can a young couple afford a mortgage of $300k to buy an average home in surburban Melbourne?

They can use an interest free loan now.

Jaffa,

Leverage is just how much you have borrowed…[Read more]

I am interested… in SA, if the purchase does not bring an action against the vendor, how can the vendor get in trouble?

Is this not a civil matter or do they treat it as legislative breach?

Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

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

NO

http://www.mortgagepackaging.com.au/index_files/first_home_owners.htm

Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd

Heaps of links here…

http://www.mortgagepackaging.com.au/index_files/hot_links.htm

Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd

Terry, but that is an off-the-plan purchase is it not?

Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd

I know one thing… I would much rather a few underlined words and the odd ‘Ads By Google’ type box instead of banner ads and side-banners flashing all over the place. What about those annoying pop-ups??? Thank god for pop-up blockers and that Steve has not included them!

Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.au

FREE…[Read more]

Ben,

Re Geraldton, I only have $2,000 there. Regarding shop rental, it is easily rented at 80-90 per week and possibly rented at 100 per week. They have 6 months to find a tenant before it becomes a concern. I think they will do this with no problem seeing on the first day they put the sign up, they got an offer at $90 per week.

Regarding…[Read more]

I am happy and comfortable buying sight unseen if the numbers stack up. This provides me with more opportunities.

Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd

My opinions on LOC are all through this thread. If any part is unclear, feel free to ask about that part.

Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd