Forum Replies Created
Well I figger you will get some emails now.
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]Simon Macks
Mortgage Hunter
[email protected]
0425 228 985
Mortgage Hunter… are you related to Shaun Hunter
have a good one, all.LOL [
]I started my business in the Hunter Valley and the name was a local play on words!
Simon Macks
Mortgage Hunter
[email protected]
0425 228 985
Hiya Mel,Is there any change if one was to use a non family member for there equity ?
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MichaelIt can be done. Depending on the relationship and the evidence of a clear benefit to the person putting up the equity I would consider the NAB.
If no then we need to look outside the square for a lender who will accept a third party security. This which may cost a little more.
Be very careful about who goes on title as this may very well kill the FHOG entitlement for this and any subsequent purchase.
You can take out an investment loan factoring in rental. Then if you change your mind after settlement you can apply for the FHOG direct to the OSR. You need to be comfortable with your change of intention though. Make sure this decision occurs after the settlement so you can’t be accused of telling lies to your bank [
]I do have mainstream lenders who will take room rental into account. I did a loan for a student where she rented out the two rooms for $100 pw each as well as living there herself and getting the FHOG…Prob get more in Sydney. Just some food for thought.
All the best,
Simon Macks
Mortgage Hunter
[email protected]
0425 228 985If you are a buyer then I guess you take wchich ever agent comes with the house [
]Heres some ideas if you are a seller. I would go with personal recommendations. Alternatively I would seek out the most high profile well regarded agency in town – poss the one that seems to list all the most expensive homes.
These agencies only employ experienced agents that they often headhunt from elsewhere. They go to great lengths to protect their reputation.
People selling in this price range tend to have been around a while and are often somewhat financially astute. They are probably a good indicator of quality service. The fees may be higher but you usually get what you pay for don’t you think?
If you are still looking for someone in Brisbane drop me an email and I will put you onto a couple of agents who I believe are honest and ethical.
Cheers,
Simon Macks
Mortgage Hunter
[email protected]
0425 228 985Rob,
You know we have more in common than you realise and I wish to apologise as it sounds like I offended you.
I don’t doubt that my analogy was flawed but I guess I was trying to make a point and couldn’t think of anything better at the time. Most analogies are pretty flawed once they are under the microscope. I can’t even think of a better one now – but it has been a long day [
]But even after considerable thought I still maintain that it wouldn’t be a worth while exercise to gain accreditation and join with an aggregator just to write your own loan. Especially as you will need PI Insurance which starts at about $1200 unless you get a deal through your aggregator. Unless of course you are borrowing an huge amount – but in that case I am sure you would find a broker willing to rebate much of the fee.
I think adding my details gives me credibility as a poster, I certainly wouldn’t have worded my post as I did had I known you weren’t as naive as I thought you sounded (I mean that in the nicest possible way)! [
].Cheers mate,
Simon
PS removed my signature for you.
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