benhatter replied to the topic value of houses in the forum Help Needed! 15 years, 2 months ago
hi kenny, there are two area's in NSW that i've been looking at. There is a bit of crime in these areas but nothing that can't be mitigated with good management.Ben
benhatter replied to the topic value of houses in the forum Help Needed! 15 years, 2 months ago
by ULV i mean unimproved land value set by local councils. say a property is on the market for $70k (there are properties for around this price not to far from a major city and beach). the ULV's of this area are around $48k does that mean that i'm getting the house for $22k and what sort of house would you expect for that pricethanks
benhatter replied to the topic vendor finance in the forum thanks richard, so say i 15 years, 3 months ago
thanks richard, so say i wanted to purchase a property for $80000 does the vendor loan me the 20% deposit plus purchase costs which would be $20000 does the vendor get a loan for that amount and i pay it off over and above the rate of interest that he is paying. also would i have trouble getting finance for the rest of the loan because I'm a…[Read more]