why not just ask the local realtors to act as your agent, you pay them at an agreed rate – i’m certain licensed realtors can represent buyers as well as sellers.

i doubt there would be bona fide buyers agents in country areas – to cover whole regions would be cost prohibitive ie. you mightn’t be happy with the fees, time and costs incurred (hence…[Read more]

lumwood,

nice post, nicer disapearing act.

mate, ’04 was the year when rates were meant to rise to blah blah blah blah

12 months since the last move – prior to the november ’03 move I think the previous interest rate move was a further 18 months prior.

so 3 moves in 30 months. a total of 0.75%

WOW

you have more chance of having a baby in…[Read more]

Alf

THE THIRD TYPE OF BROKER

the ones who freely answer all of your questions and provide willingly their experiences, their knowledge and training, their ‘street smarts’.

common problems like STRUCTURING OF LOANS, GETTING THE BEST LVR’S, VALUATIONS and CROSS COLLATERALISATION of properties by certain banks have been discussed on this forum AND…[Read more]

nice query b2,

having lived in the sticks half my life i’m a passionate metro convert (for me too small is <1 000 000)

i’m not sure what you mean by overheated property prices as the market is simply registering what people are willing to pay for proximity to jobs, education, medical, transport, sport, social outlets, diversity, opportunities,…[Read more]

investing in brissy isn’t mandatory – we won’t actually notice if you don’t.

cheers

brahms
mortgage broker
brendan@homeloanconnexion.com.au
brisbane

well done, lots of people never get there own home purchased – let the dust settle – your on a reasonable income, as Terry said, pay as much of as you can, then look to use this equity to purchase an investment a little later on.

cheers
brahms
brendan@homeloanconnexion.com.au
brisbane

just to clarify, if the development next door completed 5 years ago as per your post – how much demand is there????

what is various uses, it sounds sub standard to residential – maybe not, but maybe you could share this info before any more ‘advise’ is offered.

shit….even i’m confused. are the decimal points in the right places?

(edit – thankfully you have edited your post)

cheers

brahms
Mortgage Broker
brendan@homeloanconnexion.com.au

yes, levelled out, downward pressure on outer areas (>15ks cbd)

vacant land in most areas seems really hard work given construction costs

rental returns improving – so its not all doom and gloom.

1000 people per week net migration to the sunshine state (read south east corner, why go anywhere else?) so supply / demand issues should be better…[Read more]

hi dolph

look at this closely, i’ve seen lots of new releases as the development matures with considerable land price increase increments.

that land value increase is money in your pocket.

i’ve also seen a lot of display homes on the main entrance to an estate – lots of future traffic noise and inconvenience – ultimately you need to look at the…[Read more]

Kerri

wow – you did have a really rough time – 100% finance has lots of hoops to jump thro (they are truly anal retentive, focussed on how to decline rather than how to approve) – but you had a really plain experience – i hope your future ones are better.

‘churn’ is a term used to describe deliberate re working of clients by bank staff and…[Read more]

i would have thought discharge fees were an attempt to recover set up costs of the initial mortgage – increased clawbacks being in place to prevent churn?

cheers

brahms
Mortgage Broker
brendan@homeloanconnexion.com.au

Kerri

i think most lenders calculate exit penalties on original balance or as a fixed fee, ie. $800 if paid out in first 4yrs etc.etc.

i really can’t think of any that calculate on balance at time of discharge – they have ‘wised’ up to that one.

if i can ask one question – were you happy with the broker at the time of making application? would…[Read more]

i think the kangaroos are in the top paddock…

anion, i’ll presume the property is in BC Canada?

in Australia what your talking about is quite common, multiple ownership of industrial and retail/commerial complexes is common place.

it is also common for existing ‘non strata’ blocks to be converted to strata title and on sold to investors and primary users. hopefuly at a price which…[Read more]

rob, is title transfered on a lease option???
if the answer is yes, apply for the fhog, if not…

cheers

brahms
Mortgage Broker
brendan@homeloanconnexion.com.au

Maison

unfortunately your ‘subject to’ contract would be considered to be a very weak offer.

it would appear that the ‘decision’ maker wasn’t actually present when the contract was formed – not a particuarly good look – oh, this opinion is from a qld contract perspective.

cheers

brahms
Mortgage Broker
brendan@homeloanconnexion.com.au

it sort of looks like the state government is tiring of supporting infrastructure investment into further urban sprawl.

sounds good to me, just have to convince ‘can do’ and the team in the bcc.

cheers

brahms
Mortgage Broker
brendan@homeloanconnexion.com.au

any compelling reason why you don’t do it in your own name?

cheers

brahms
Mortgage Broker
brendan@homeloanconnexion.com.au

just being inquistive

what exactly is great about a one or less than one year lease on a commercial property?

i appreciate the return is ‘great’ on current figures, anything else?

cheers

brahms
Mortgage Broker
brendan@homeloanconnexion.com.au