i have a few queries to add to the above reponses, seeing as you guys have been so informative so far!!

i am currently in the real estate industry, and i get a lot of finance enquiries in my position (3 or 4 per week). I currently have a working relationship with a broker who i refer all my clients to. My broker does finance for all the clients and then i , hopefully, sign them up for a new home!

i was interested in doing the cert. IV in financial services, mainly for my own knowledge and to assist me in pre-qualifying clients before i refer them on to my broker (mainly to avoid giving him dead leads and wasting his time!).

I didnt think there was ever a chance that i could write my own loans, as i thought i had to have a couple years full time experience as well as the cert iv. It seems now that this isnt the case, but im still not entirely sure on what exactly would be required for me to be able to handle all my clients finance.

would love to hear what you guys think, as to be able to handle my own clients finance as well as their new home purchase would be fantastic!

thanks in advance!!

Lyndon

hey

try asking them to present you with a better way of investing. sounds like maybe they fear what they dont know?

i guess all you can do is show them the facts and hope that they realise how many oppurtunities there can be.

this is a hard one

where are you from ?

Cheers
Lyndon

hey

you could pobably look in the TV Guide. i always see ads offering colorbond patios etc.

otherwise..depending on where u want the work done and if you want it to be a little more complex…i know that Xtra Construction do a lot of work SOR. they are in rockingham.

cheers!

Lyndon

Looks like someone has been caught out many times doing sh@#ty work!

Hi Shrimpo,

If you were to receive your first home owners grant, you need to live in your home for 6 months, within the first 12 months of owning the home. there are further details at http://www.firsthome.gov.au/

Hope this helps.

Cheers
Lyndon

I find that if a house is for sale and his has the possibility of being subdivided, the real estate agent tends to use this as a selling point.

You should ask the agent (though never take that as gospel, always check with local authorities!), as they usually bump the price up of properties that have re-development potential, so they will most likely be aware if subdivision is possible or not.

i think you might be confusing yourself with the first question too… i feel confused just reading it!

but i know what you mean… perhaps try lookin at sales and the time it took for properties to be sold etc ? this might give you an idea of demand. Also, check websites of developers who are releasing land in the area. They always tend to have media releases and progress updates on how their most recent stage release went. I do this here in perth, and in the big growth areas most new land releases sell out the morning the stage is released!

try not to confuse yourself too much and good luck!

I didnt say that it was necessarily the builders fault. Quite often the builder will have a reason which states exactly why its the clients fault for the price increase. they have to give a reasonable explanation though.

provisional sums have to finalised in the final contracts, and by law have to be within 10% of the actual cost of the work.

Hi goodbyekitty,

you have signed a contract with the builder, and they have to hold that price. they can only price rise you if
a) you do not get all approvals in the beginning stages before your contracted 45 working days is up – NOT YOU IN THIS CASE

b) you did not pay your final progress payment, hence allowing the builder to charge a percentage of the over all contract price for every day late you are on your payment.

c) the only other one i can think of is that you might not have factored some pre-start variations into your finance, and the builder is actually still owed money by you.

check your contract price..and add up all the progress payments and see if they match up! sometimes pre-start variations are not factored into your final loan approval..and you are expected to pay cash for these.

the builder will give you a reason for the demand of extra cash..they have to… if not go to the BRB (builders registration board) or HIA.

Regards

Lyndon