ownahome replied to the topic Old suburbs next to new eststes in the forum Help Needed! 18 years ago
An old suburb near new ones does inherently get pushed up in price.. not to the same amount. It takes a while for the older suburb to have renovs done, new buildings built in it so their new products can be similar to the new suburb. There is some kind of critical mass that needs to be reached before the price is drawn ever upwards towards the…[Read more]
ownahome replied to the topic Guess what I have done.. in the forum General Property 18 years ago
Hi
In WA at least the fee is a % as the settlement agent takes out insurance for the completion of the settlement. Now as an owner you can self insure this risk but you have no recourse is somehting goes wrong. In WA approx 50% of the fee charged is the insurance premium alone.I would suggest you speak to a settlement agent in your city to ask…[Read more]
ownahome replied to the topic Advantages of using a company name. in the forum Help Needed! 18 years ago
From a purely investment point of view a company is a seperate entity. This means it has its own borrowing power seperate to the directors and shareholders. When low doc loans.. LMI are invloved you can effectively double your borrowing capacity before you need to source private finance or higher rate non-LMi low doc loans.
Your maximum tax…[Read more]
ownahome replied to the topic URGENT bridging loan type thing in the forum Finance 18 years ago
Even if your income is reduced due to one person not working you still have options whereby you can borrow against the property (asset lending) or called a no doc loan. You do not need to provide income details and can easily borrow up to 70% of the value of your house. So you borrow on your own house and use those proceeds as deposit for the…[Read more]
ownahome replied to the topic Where else can sell PPOR on internet privately in the forum Help Needed! 18 years ago
Its not just where you ad is but how your property is presented. Reading your description is difficult as too much detail.
The presentation of the text on the site… e.g layout is also important. Just because the info is displayed does not mean it makes any difference.I suggest you try a number of sites and call ads and ask them how they have…[Read more]