I looked at it back in 2007, since then they have doubled in price. But have they reached there ceiling, that is still to be known.  

Hi Oneworld Are you with a major lender? It may be worth refinancing depending what rate they re divert you too. If its under 7% you are ok, if not it may be worth refinancing and securing a cash back which a number of lenders are giving until the end of June.

Hi Wealthy, I used to be an estate agent within Frankston and considering the first home buyer demand within the area, you shouldn't have a problem selling. There is a lot of new infrastructure going into the marina and surrounding areas, which suggests prices are to stay level or rise. Since you are building 3, most lenders will consider this a…[Read more]

CBA is now doing 97% LVR, depends where and what you are looking at buying

Hi AnhieHave received advice from your accountant? It's always wise to do this before purchasing an investment.

Hi Andy are you after low-doc finance? I know a provider that will provide 65%LVR back by ING. I've been searching for over a month to find providers as the banks have cracked right down on Low Doc.

Have you considered UBank or Beyond the banks? They too have 6.5% for refinances. Beyond can give heavy discounts I haven't heard of any better rates.

I would think it would destroy the mortgage broking sector, commissions have already been decreased, then to take out trail would kill the value of broker's businesses and the ability to purchase milk and bread.  

Are you aware there are new laws coming into play in about 2 years re: finance trails ? I dont have a lot of information as it was broadcasted on the tv program "Today Tonight" Has anyone heard any info on this?

In my experience they are not that strict and they only audit a few people, not everyone. I'm sure you will be fine

I use BDO

Franchise offers immediate leads, but they also take a large chunk of commission.
I would consider running your own show.

It is Net of GST

I suggest getting your own valuation done they are only $250 – $500 or seeing a real estate agent for a 3 month report of RP data.

Contact a real estate agent in the area. They should have valuers details within their phones

good luck ferdinandch, good to see you are doing your home work

Hi Robbie go direct to the bank you trust most and do your own homework over the web.

Being an ex-real estate agent and having worked in multiple areas during high periods and GFC, I believe it depends on the area.

Each suburb is different, with new transport, building or improvements making an area more desirable then another.

For an investor this is a good time, values are down, there are a lot less competition and if an…[Read more]

I was a real estate agent within the western suburbs of Melbourne. I found videos a great lead gen source for 1st home buyers or Gen Y

It also gave myself a difference among agents

I believe you should qualify by going direct to the bank