Viewing 6 posts - 1 through 6 (of 6 total)
  • Profile photo of BullmarketBullmarket
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    @bullmarket
    Join Date: 2007
    Post Count: 51
    Profile photo of Asbestos Audits QueenslandAsbestos Audits Queensland
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    @aaq
    Join Date: 2005
    Post Count: 47

    Harry Dent and Robert Kiyosaki have been predicting this for a while so when is the best time to buy up and/or how will affect Australia are we going to have another bank clampdown on loans. Look forward to any insights from Steve here as he has been over there and I would like to know how his test investments are going over there?

    Asbestos Audits Queensland | Asbestos Audits Queensland
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    Profile photo of Richard TaylorRichard Taylor
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    @qlds007
    Join Date: 2003
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    The introduction of the National Consumer Credit Protection laws which came into effect for most on the 1st July 2010 have already had the affect of reducing the amount of funds borrowers can borrow thru a Bank or Broker.

    All we will need is further tightening of lenders / mortgage insurers own policy and that will hurt even further.

    Richard Taylor | Mortgage Broker helping investors build their wealth thru property
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    Profile photo of BullmarketBullmarket
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    @bullmarket
    Join Date: 2007
    Post Count: 51


    This graphical information describing Alt A and ARMS mortgage resets in 2011 and 2012 might inform

    Profile photo of Nigel KibelNigel Kibel
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    @nigel-kibel
    Join Date: 2005
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    Richard

    I believe the changes to the credit laws will make it more attractive to buy in the United States

    Nigel Kibel | Property Know How
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    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
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    Nigel i think you are right although regretfully Brokers holding Authorised Representative Status will no longer be able to use the US lenders for their Australian Clients.

    Richard Taylor | Mortgage Broker helping investors build their wealth thru property
    http://www.mortgagecapitalaustralia.com.au
    Email Me

    100% Investment Finance now available on selected properties. Email us for further information.

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