I read an article couple years ago about land scarcity for burial plots. The solution was to place the coffin upright meaning your standing instead of laying down. So much for resting in peace!

I agree with shahin. For a largish company to give you a hand written report is pretty poor work in my books.

Bob the builder

Jp I hope you weren’t one of those agents that never returned calls

Do brokers get paid after settlement occurs? Must be hard with cashflow if you have to wait a couple months to get paid? Once everything is done your pretty much just waiting for the day to come.

Jamie M wrote:
Hi Jason

It can be both a method of matching requirements and qualifying the customer.

Providing I feel that I have sufficient information to make a recommendation which often involves assessing payslips and financials, then I'll provide that product recommendation to the client.

However, I do know that there have been times…[Read more]

My gut says CBA. Everyone I know who is with them has a story to tell

Last I heard Wayne ormond (i think that’s his name) was being chased by creditors and all the people that purchased a franchise from him were doing it real tough.

Freckle wrote:
Why would anyone want to invest in Vic?? State govt is pushing austerity measures to shore up a shrinking revenue base and property is sinking like a stone.

Keep your money in your pocket. This is not the time to buy. Watch and wait. 

I’m really beginning to see what you mean. It’s not getting any better any time soon.

Wife reckons I’ve been playing up all year. A big lump of coal for me.

Spoilt for choice!

I was talking to a mate last week about refund home loans. We both agreed it was a great policy but we couldn’t understand how it failed? Just run out of cash flow?

Lol I get that too scott. I wonder if people actually fall for it?

PS10 wrote:
Hi Richard,

Could you please elaborate on how the Term Deposit works against the loan?

Is it similar to an offset account, or am I way off the mark?

I'm also interested in how this works? Never knew this could be done.

Speaking of scammers, is it just me or am i the only one winning $100 million every week in a online lotto draw? Surely i can't be that lucky!

What about the poor buggers who have money in a term deposit.

APerry wrote:
On a loan that size you may very well get 8% LVR. With regard to loan term, it will be shorter, but at least 15 years. The much shorter loan terms that are sometimes applicable are more common with much larger loans.

Hi Alistair,

I hope you really mean 80% other wise i'm buggered!!

Qlds007 wrote:
Hi Joe

To get the best interest rate, set up rates etc you would ideally want to keep the lvr to 70% for an interest only loan or 75% for principal & interest loans.

Probably get 20 / 25 year term with the right lender and no annual review.

Hope this helps.

Cheers

Yours in Finance

Hi Richard,

Thanks for reply. If all…[Read more]

I’m thinking It’s similar to how refund home loans used to work. But seriously 18 months is a long time.

It sounds about right because if I read correctly your only buying the house and not land. I’ve seen houses go for free because it saves the builder demolition costs.