CN wrote:
Is it worth the $70 bucks?

Depends – if you just want something to read and are doing a bit of general research and need groceries this week, no. If you are ready to buy soon, need some info, and compare it to what people pay to visit seminars, buy so called 'secret info', , how much petrol and accomodation cost if doing your own…[Read more]

Hi Mark. I have earlier this afternoon posted a comment under your other post that I hope helps……as mentioned above, there are a couple of things you need to clarify and or look into. Keep us all posted.

Hi. Wow, what a mix up. I assume this is the same scanario as your other post, although they are explained differently.First things first, with this lender in particular, the proceedure is that construction commences AFTER an 'Autority to Commence' notice has been issued to you. At that point, construction is to be completed within 12 months from…[Read more]

Hi. A good deal could certainly be had, but at this point it is usually too late – I think you will have to negotiate with the lender direct, or at make enquires that way, as they may be teeing up a real estate agent right now ready to auction the property. Things happen quite fast once the foreclosure letter arrives, but if your friends friend…[Read more]

Yeah – let's lighten up a bit….I know – time for a top story (an absolute riot – true – and please don't those skilled tradespeople take offense)A few years back a guy I knew got an electician (qualified) friend of his to come around and fit some naffy new lights and a couple of power points into his sons room. Comes and goes, and no apparent…[Read more]

I recently heard someone make the comment 'there are good deals everywhere – some of them closer than you think'.  Have you bought any of the reports from somehere like http://www.hotspotting.com.au ?Allrigt then – if I had someone contribute funds my way at present I would be quite happy to look at any of the below 'predicted future growth spots'…[Read more]

Bennido,You will likely find a great number of people, including brokers in your area that will bwe able to help…perhaps even banks besides Westpac – just make sure you give them the full details. Mortgage Choice? They are probably one of the better regarded broking franchises, so they must be doing something right. They are not swayed by…[Read more]

Hey Devo. I was never that rude talking about your VL was I? Never even mentioned the nicknames they had……Seriously, you have done well with your PPOR, and if you can reduce your loan to around 50k by whatever means that puts you in a great spot to sit back and decide what to do next. A refi (or if happy with your current loan split it in a…[Read more]

carlin wrote:
Surely we can get "an intimate knowledge of how each lender calculates our servicing capacity" without having to go to a broker. Just a case of giving lenders (that we're considering going with) the relevent figures  ie: incomings, outgoings, existing debt.

You're absolutely right.  But do you have the time and patience to do al…[Read more]

Hi Longroad. Can't help with stats, but was talking about it with family that live there this week, and concensus was 'nothing much has happenede there price wisw for a few years…' That said, they have been affected by drought, and water restrictions, but I feel property is undervalued compared to other similar siza regional centres, and in the…[Read more]

Qlds007 wrote:
It is funny i hear all day long about the CBA. They want to help you when they feel there is something in the deal for them and then drop you like a stone when you need them most..

It is – and yet as a lender they are obsessed with putting  the highest pressure on staff out of any major bank that I am aware of to 'cross sell' a…[Read more]

ttman wrote:
Replace faulty bedroom light1 LIGHT FITTING3 Transformer3 Lamp holder3 50 LV1 Service Call2 Tradesman Hourstotal : $367.95Tell me it's reasonable.

  It's not – you are being ripped off on this one , unless the tradesman used gold fittings. Aas far as getting involved in any other comments I'll pass however. One observation though…[Read more]

Hi. I was going to say that I would be surprised if you could get a mortgage for one of these, (same with the 'over 55' style 'homes' in parks-lenders are not interested as essentailly there is no real security to lend against) but it has already been covered nicely. If you had cash or funds accessed via equity in another property (using a line of…[Read more]

Hi Passi. One of the good things with the ING deal (make sure you double check) is that on the fixed loans you can make up to 10k per annum extra repayments wihtout penalty. Not sure with these others, but while it would not worry me on an IP, I don't think I would like 5 years of fixed interest loan on an owner occupied at min repayments only.…[Read more]

Actually…………………..I would swear some of my posts have 'changed forum topics' too, ie- I posted in one topic, and they have gone only to reappear under another one. Could be senility however……

Hi Nigel, and welcome to the forum. That knocks the wind out of your sails when that happens thats for sure. Sitting down with a capable finance broker may unearth a lender that assesses you slightly differently – enough to make a difference. Ask around where you are locally and see if anyone is recommended to you by other professionals. If you…[Read more]

Some good points – especially about using a variety of lenders to maximise borrowing/servicing capacity. Interesingly even the 'major banks' are stuggling to differentiate their products from each other in order to try and increas their loan business – challenge being most are identical style loan products.  If you are lo doc that narrows the fie…[Read more]

NSW is a sow of a place to buy property (compared to our other states IMHO) unless you have your finance pre approved, and are 'ready to go' with inspections etc. Most people get their inspections done in the cooling of period after signing the contracts – which of course you can be gazumped anytime until contracts have exchanged. If you are not…[Read more]

I have found AAMI very competitive for this type of policy. Terry Scheer gets a good rap too, but nor sure of $$$.

Rich mum (i like it   )it seems many lenders now have annual or monthly fees, whereas once the big thing was for 'no fees' . Generally it comes under the guise of so-called 'pro-packs', which essentially means you pay an annual fee, in exchange for a reduced or discounted interest rate. You would really need to do the sums to see which loan style…[Read more]