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  • Profile photo of bigmarkbigmark
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    @bigmark
    Join Date: 2004
    Post Count: 7

    I’ll go with RussH on the plumbing stuff.
    Reece Myaree was cheaper and better than BUnnings

    Profile photo of bigmarkbigmark
    Participant
    @bigmark
    Join Date: 2004
    Post Count: 7

    Be aware that if you do not separate the titles on the subdivision and you intend to revalue the properties that the new valuation will be substantially lower as 2 houses on one block compared to houses with seperate titles.
    Another thing to consider is that costs will be higher if and when you do split the titles due to capital growth which means increased land value.

    Profile photo of bigmarkbigmark
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    @bigmark
    Join Date: 2004
    Post Count: 7

    Thanks Terry, they were avenues I had considered and will now investigate further.

    Profile photo of bigmarkbigmark
    Participant
    @bigmark
    Join Date: 2004
    Post Count: 7

    Ha Ha , I love it Jay, I am a spelling purist as well

    Profile photo of bigmarkbigmark
    Participant
    @bigmark
    Join Date: 2004
    Post Count: 7

    Same thing is happening to us. Talk to a new broker, apparently if it is a fixed interest loan and it is lower than current lending rates no penalties will apply if you refinance. I have since learned that it suits brokers very nicely to cross collateralise loans.

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