I'm just starting out too but the one thing i have learned is that 'Analysis Paralysis' can set in for analytical people.  I too have spent a lot of time researching different markets.  Adelaide or interstate, house and land or apartment, new or existing, closer to the city with less house for the buck or further out with more house for the b…[Read more]

Anthony – the developer is telling me the clause is as it is and will not be changed…The agent is telling me it will all be fine and that the developer has no interest in backing people into corners on finance – my response is that they should allow me to amend the clause if that is the case,I am fairly certain i am going to take a pass purely…[Read more]

That's the other thing that got alarm bells ringing – they refuse the allow me to make an amendment…

Gary,The opportunity was through Ironfish.I am unsure if i am going to go through with it because i am unhappy with the contract with the developer.Of course, that doesn't mean everyone would be unhappy with the contract…

Thanks Richard – i am being told it is a standard clause but i obviously had my doubts.Brett

garybatz wrote:
Hi BrettJD, Don't know the answers to the lending questions – if you're using a mortgage broker I'm sure they could find out for you. One thing they should be aware of is that you can withdraw from NRAS at any time (though you may lose some of that year's tax incentive), unlike Defence Housing where the property is locked in the…[Read more]

Hi all,New to this place.We are looking at purchasing a NRAS eligibly property here in SA.A couple of questions.  Someone mentioned in another thread that it would be impossible to get mortgage lenders insurance for a property in the NRAS scheme – how is this the case?  As far as i can tell, the bank is simply lending for a house and land p…[Read more]