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im not sure about buying now, everywhere i read it seems that the general feeling is that property prices still havent bottomed out and that it might be best to hold off for a few months
thanx jjaaus, anyone else like to add some thoughts?
thanx for all the advice, my accountant did supply me with two contacts which i will be ringing today. Simon i might give you a call as well
thanks for all the positive replies. I think her biggest worry is fear of the unknown…im a bit in the same way. Paying out the parents is not a huge concern as they are sitting quiet comforatble atm. Brady5 you have some interesting ideas there, are you speaking from experience? Calvin@34 you mentioned something similar but i dont believe that we would be eligable for the tax breaks as the loan is a private matter between mother/daughter. Can anyone direct me to some more info about this sell, rent buy IP’s theory?
BTW i did some searching on realestate.c*m and came accross agents offering retirement villas(cant remember where off hand), with the figures supplied gave a healthy annual +cashflow. What are peoples thoughts on these type of IP’s