dannyhattersley replied to the topic Vendor Finance Wanted. in the forum Hotch Potch 20 years, 8 months ago
Hi guys .
the basic reason for my question is can someone on a pension(life long) .can they get finance for a home unit/flat/house/bungalow/barn.
somewhere to live to get of the rent cycle .
& what is the best way for the pension guy to get into somewhere .
is it vendor finance/balloon payment/rent to buy/bank/ausie home loans/loan shark.
it…[Read more]dannyhattersley replied to the topic balloon payment in the forum Finance 20 years, 8 months ago
can you please tell me more about the shared ownership.
who can ,what can , how can .
do many people do this .
thank you .
dannyD Hattersley
dannyhattersley replied to the topic balloon payment in the forum Finance 20 years, 8 months ago
ok so then it would be a bad way to go for a house.as youd need the %40 at the end in a lump sum .?
thank you for your time .
dannyD Hattersley
dannyhattersley replied to the topic Vendor Finance Wanted. in the forum Hotch Potch 20 years, 8 months ago
ok so basicly “no frills”=low body corp
“all the trimmings”=high body corp.
is there a genral guide to how much body corp to pay.or will it vary on the title of the place .danny
D Hattersley
dannyhattersley replied to the topic Vendor Finance Wanted. in the forum Hotch Potch 20 years, 8 months ago
Hi Chatterbox
yes ive checked out some of the body corp prices the ones that i got were $35-52 pw .
I dont no if that is expencive or not.
& i dont no what body corp is ment to cover as there seems to be so many different ones .
What would be the best body corp to go for. What would it cover .is there a limit on body corp fees.
do you have to pay…[Read more]dannyhattersley replied to the topic Vendor Finance Wanted. in the forum Hotch Potch 20 years, 8 months ago
Thank you that has explained a lot to me .
if the intrest rates were to rise then i guess id be buggerd .
ill try to get a good bank balance 4 to 8 grand .
as for public housing yes i do have my name on it but that will be another 9yrs on the gold coast .
dont no if this makes much diff but i would be going co lending with another person basicly…[Read more]dannyhattersley replied to the topic Vendor Finance Wanted. in the forum Hotch Potch 20 years, 8 months ago
Hi thank you for the reply’s
In awnser to Pisces thank you for some good advice.
as I have nothing to hide i dont mind using my name .
my current situation is this .
im in a town house have been renting for about 2yr. previous was renting for 8yr .
the place that im in now is being sold so i thought i should look in to buying .deposit=no.
first…[Read more]