andrei replied to the topic Loan repayments in the forum General Property 21 years, 1 month ago
that was a good explanation of benefits of more frequent payments – but that only works if your loan permits this… Check the loan documents, it may have a specific paragraph that fortnightly and weekly repayments would not speed up the process. This does not appear to be common issue but happens with some smaller lenders.
Cheers
andrei replied to the topic Anyone Heard of “Country Property Land And Sales” in the forum The Treasure Chest 21 years, 2 months ago
this is interesting ‘background reading’…
I went on such a tour last year and it was interesting to take a first look at properties inland. The reason that I decided not to do any business with them was the gap between spoken promises and paperwork. For…[Read more]
andrei replied to the topic House Spotters in the forum The Treasure Chest 21 years, 2 months ago
Hi,
I started looking for properties in NSW country towns. Looks like to satisfy the “11 seconds” rule, it has to be priced at or below $50,000 and that led me to very small towns… Difficulties I see here:
– low prospects of future capital growth, because population is more or less static;
– I hear that towns of less the 10,000 people cause…[Read more]