What's wrong with the exit fee… it is the borrower FAULT… who is crazy fixing it at 8 or 9%?What happened if you opened the term deposit last year with interest 8.5% and the bank(s)decided to lower it to 3%… I am sure that the customer will challenge it on the Supreme Court…Don't speak non senseBTW, CBA just increased the fixed rates by up…[Read more]

Wakelin property???Are they related to wefindhouses.com.au?just curious

Might be going up next year 2010…

Hmmm… I thought that the banks only lend 90%LVR plus cost…Which bank lender??

Hei rudraLet me tell you.. …" They haven't put me under a sea of debt, and costing $200 pw"….You are losing at least A$10k /year… lucky if you are on the top marginal rate earning 180k plus You have to pray  that your  property will have massive capital gain in the next few years (i.e.. against the odds).. Well… the worst scenario is… pr…[Read more]

Chan&Naylor…..ripped off!!!! and beware of HDT.. ATO is coming and haunting

A lot of people will buy using FHOG Boost money and then live there for 6 months. After that, most of people will rent it out…. (i.e. just to get freebies).. will see how the rental market and property value stack up in 2010

real diamonds???Why not ask for Gold bullions

Hei rudraGud luck! Hope that you made a wise decision….Premium finance charges premium fee A$ 5000…. and Storm financial did the same… i.e. 9% management fee ( Other managed funds charge 1% )Premim finance sells the IP to unsuspecting buyer…often with inflated price…. welll SF did the same and buble will burst… and you will find your…[Read more]

I still don't undestand why so many investor/home owner went to RHG or GE money or Wizard for loan at the beginning….????And now worrying about the rate……Can someone enlighten me!!!

And also how much did you borrow? It is different between 1 million and 100k

Has anyone got experience on transferring PPOR into DFT?Any regret or benefit in the futureCheers

Hi Terry,Thank you for your comment…I am thinking about RENTING the place to live in WA (i.e. not buying).My wife will lost her job due to transfer therefore I can distribute to her through DFT. I might not come back again to Newcastle.The rental appraisal by RE agent last year is ~A$380-400/week.I would get the valution prior to transfer to…[Read more]

Shales, I hope that more contructive comment than what you just posted

I got a really good bargain when I bought it 3 years ago as 'divorce settlement'. I am keen to keep it as my cash flow is not a problem. I just want to cut down the 'tax' to Rudd's pocket. The only way to do it is through DFT with distribution to my wife.. I am sick of paying top marginal rate.

I am going to WA for 2-year job contract. I might or might not be moving back again…..If I sell my 1st PPOR into my DFT, do I get an exemption of capital gain of PPOR if I am buying again in WA?

But this is not FULLY informed consent … therefore can't hold in the court…. stilll jail

The offset account might be slightly expensive… but worth it in the long run especially if you are uncertain about the future… I admit I myself make a 'big' mistake.. because of stupid broker

Might end up in jail…very scary providing un-professional advicesorry

will become water front due to global warming in 10 years… option 1