Don Nicolussi replied to the topic Home equity confusion – please help clarify! in the forum Finance 9 years, 4 months ago
Is there any advantage to having equity when starting that I’m not seeing
Tiger, Well in short yes it really makes a massive difference. On the one hand the bank does look at your overall financial position. Assets and liabilities. The whole picture.
Sure high Loan to valuation ration LVR lending ( 95% investment loans ) is still available but h…[Read more]
Don Nicolussi replied to the topic Home equity confusion – please help clarify! in the forum Finance 9 years, 4 months ago
Is there any advantage to having equity when starting that I’m not seeing
Tiger, Well in short yes it really makes a massive difference. On the one hand the bank does look at your overall financial position. Assets and liabilities. The whole picture.
Sure high Loan to valuation ration LVR lending ( 95% investment loans ) is still available b…[Read more]
Don Nicolussi started the topic Negative Gearing Removed – CBA in the forum Finance 9 years, 4 months ago
Just a quick note for investors looking at borrowing with a base LVR of greater than 90% using CBA. In this case CBA will no longer allow negative gearing to be used in the assessment of your affordability / serviceability for investment loans. Eg, base lvr is 89% and end lvr is 91% (base plus lmi) you may use NG – if base is 91% you may not.…[Read more]
Don Nicolussi started the topic Opinions on Perth Market in the forum General Property 9 years, 4 months ago
Looking for some opinions from either Perth Locals or investors in the Perth market. Wondering what part of the cycle the local evidence suggest you are in. 12 month data suggest a slight price contraction. What is next for Perth – any suburbs to watch?
Don Nicolussi started the topic Opinions on Perth Market in the forum General Property 9 years, 4 months ago
Looking for some opinions from either Perth Locals or investors in the Perth market. Wondering what part of the cycle the local evidence suggest you are in. 12 month data suggest a slight price contraction.
Don Nicolussi replied to the topic Would you buy in a dodgy area? in the forum General Property 9 years, 5 months ago
Absolutely not! I would look for an aspirational suburb next to and similar in price to your so called “dodgy area”. Some areas are just not great. Find your dodgy area and then look at places where people who live there aspire to live in (realistic people).Price will be similar and yields will be the same if you work hard and finding the right…[Read more]
Don Nicolussi replied to the topic Would you buy in a dodgy area? in the forum General Property 9 years, 5 months ago
Absolutely not! I would look for an aspirational suburb next to and similar in price to your so called “dodgy area”. Some areas are just not great. Find your dodgy area and then look at places where people who live there aspire to live in (realistic people).Price will be similar and yields will be the same if you work hard and finding the right…[Read more]
Don Nicolussi replied to the topic Would you buy in a dodgy area? in the forum General Property 9 years, 5 months ago
mods – duplicate please delete
Don Nicolussi replied to the topic Would you buy in a dodgy area? in the forum General Property 9 years, 5 months ago
Absolutely not! I would look for an aspirational suburb next to and similar in price to your so called “dodgy area”. Some areas are just not great. Find your dodgy area and then look at places where people who live there aspire to live in (realistic people).Price will be similar and yields will be the same if you work hard and finding the right…[Read more]
Don Nicolussi‘s profile was updated 9 years, 5 months ago
Don Nicolussi replied to the topic Bank valuation VS Independent valuation in the forum General Property 9 years, 5 months ago
What to do if your valuation comes in low? I agree with the comments that in the majority of cases the bank assigned valuation result will be the same as the contract price. In fact, at loan to valuation ratios of 80% and in some cases 90% lenders will accept the contract price as the value and not require a formal valuation at all.
However,…[Read more]
Don Nicolussi replied to the topic Bank valuation VS Independent valuation in the forum General Property 9 years, 5 months ago
What to do if your valuation comes in low? I agree with the comments that in the majority of cases the bank assigned valuation result will be the same as the contract price. In fact, at loan to valuation ratios of 80% and in some cases 90% lenders will accept the contract price as the value and not require a formal valuation at all.
However, this…[Read more]
Don Nicolussi replied to the topic Bank valuation VS Independent valuation in the forum General Property 9 years, 5 months ago
In this case it is really about:
* What you think the investment is worth
* Why you are buying it
* How it fits into your portfolio
* What role does it play – that is what that properties job in helping you achieve your investment goalsThe finance process and for that matter valuations are just tool to get you…[Read more]
Don Nicolussi replied to the topic Bank valuation VS Independent valuation in the forum General Property 9 years, 5 months ago
Strange formatting issue mods please delete.
Don Nicolussi replied to the topic Bank valuation VS Independent valuation in the forum General Property 9 years, 5 months ago
In this case it is really about:
What you think the investment is worth
Why you are buying it
How it fits into your portfolio
What role does it play – that is what that properties job in helping you achieve your investment goalsThe finance process and for that matter valuations are just tool to get you get from point A to B and B to C.
Don Nicolussi started the topic First Home Buyers Have Everything Except One Thing! in the forum General Property 9 years, 5 months ago
This week has been an interesting week in the world of property and real estate reporting.
We were ranked number 10 in the world for the rate or speed of property price growth. We were ranked as a country which allowed the media to spread the hysteria by spinning what is largely a Sydney based issue into a national one. Nothing new there really…[Read more]
Don Nicolussi started the topic First Home Buyers Have Everything Except One Thing! in the forum General Property 9 years, 5 months ago
This week has been an interesting week in the world of property and real estate reporting.
We were ranked number 10 in the world for the rate or speed of property price growth. We were ranked as a country which allowed the media to spread the hysteria by spinning what is largely a Sydney based issue into a national one. Nothing new there really…[Read more]
Don Nicolussi started the topic First Home Buyers Have Everything Except One Thing! in the forum General Property 9 years, 5 months ago
This week has been an interesting week in the world of property and real estate reporting.
We were ranked number 10 in the world for the rate or speed of property price growth. We were ranked as a country which allowed the media to spread the hysteria by spinning what is largely a Sydney based issue into a national one. Nothing new there really…[Read more]
Don Nicolussi changed their profile picture 9 years, 5 months ago
Don Nicolussi‘s profile was updated 9 years, 5 months ago
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