Total Members: 159,074

rangersixth

  • rangersixth replied to the topic Bank Valuations in the forum The Treasure Chest 21 years, 1 month ago

    ive been told that one of the major reasons banks dont allow the release of the valuation is that if clients were to rely on it and decide to sell their homes but recieve a cheaper price;

    technically clients can sue the bank for the discrepancy.ive heard this has happened in the past.

    hence, banks do not disclose this information to prevent it…[Read more]

  • rangersixth replied to the topic “Cashflow” game players Sydney in the forum The Treasure Chest 21 years, 1 month ago

    can someone enlighten me as to what this game is?

    im from syd and wouldnt mind checking it out. even just to watch.

    is it some sort of board game?

    dont laugh :)

  • rangersixth replied to the topic How can you buy so many properties so quickly? in the forum The Treasure Chest 21 years, 1 month ago

    Wow teacherk6,

    Im just gobsmacked at how quickly and young you acquired your properties!

    Well done!

    Im 23 and quietly saving for a deposit and researching on locations. Hopefully, once i start i can acquire them at your rate.

  • rangersixth replied to the topic couple questions in regards to invest in the forum The Treasure Chest 21 years, 2 months ago

    Just on TeacherK6’s comment on the lump sum repayments. I might be mistaken, but i think you can only make twice the normal repayments; and it has to be regular.

    Any higher on the repayments and you’ll end up paying on the principle, which defeats the purpose, and banks dont like it.

    Cheers.

    p.s cheers by the way TeacherK6 on your other…[Read more]

  • rangersixth replied to the topic is now a good time to buy? in the forum The Treasure Chest 21 years, 2 months ago

    wow, two very good points..

    i suspect much more pondering is in store for me.

    thank you both.. any others?

rangersixth

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