I am a solicitor and mortgage broker and could give you some tips.

hi Lee

Sorry to hear about your parents.

I think your next move should be to consider legal and taxation advice regarding the estate. There could be significant tax issues there.

Then you need to consider asset protection.

After that consider investment strategies.

What state are you in?

You can't expect an answer to this over the net. Its like saying I have a pain in the chest, what sort of medicine should i use?

Its extremely complicated. But if you get it wrong it could be costly – although no life threatening.

One of my friends is losing money right now on ATMs. Doesn't sound like a good investment to me.

Good point about backing up.

I use google for email and the google docs cloud where you can upload or even start documents which are held on the google server somewhere. So where ever you go you can access them without the need to have your files on your computer.

Each state has different rules. It may be possible if the purchaser is also the person behind the trust. You need to get legal advice asap as this will affect the loan you will be applying for.

You may also be able to terminate that contract and enter into a new one – which may be less risky for you

credit card? may work out cheaper

Probably best to wait off on the bank a bit. Tell them only when it is all organised. Otherwise they may not lend or may want to class you as a developer or similar.

But best to talk tax asap.

You would need to get the lender on board of course as you could not amend the titles while they are holding as security. Generally it is no big deal, the bank will consent to release if you pay down the loan on or before settlement to keep the LVR at the acceptable level on the remaining security.

Taxation aspects are pretty complex.

Well, i bet you will read the lease next time.

I know it must be annoying having to move frequently, but there is nothing to stop a landlord from selling a property and the new owners not wanting to extend the lease.