Hi Does anyone has Peter Comben DVD or Carly Crutchfields CCORP for Sale? Please PM meOr any other good resources, thanks

Matt007 wrote:
I asked Adelaide Bank to revalue my property, as it hasn't been done for about 4 years, and I know it's increased enough to bring my LVR to 80% or below. I didn't ask to increase my loan amount, just to have the property revalued at today's current prices rather than early 2007. I wanted to get the LVR down to get rid of LMI or…[Read more]

Hi Rob, (Fix my previous post) at the moment 2 years fix from ING is 6.09%. You should only get fix loan for the right reason. see article below, hope it helps http://www.expresshomeloan.com.au/_blog/Property_and_Mortgage_Blog/post/Understanding_Fixed_Rate_Home_Loan/

mattnz wrote:
Thanks Richard, Loved the rate cut today, was loaded up short AUD and came out a big winner

Matt, I am short AUD too and still short now, I think should take part profit around 0.94 level

Agreed with Michael, above 500K you can get 1%. Bigger loan=bigger discount but sometimes you have to ask for more discountalso there are banks which give more discount as LVR goes down, 75% or lower.Annual fee for offset acc (professional package) usually $350-$400,but there are 1-2 banks which only charge $120 or $200 for this type of loan per year.

Hi Richard,I am not suggesting to offer their PPOR as sole security for the investment loan. What I meant was even if the security is your  your PPOR (which is Lefty situation),  you can still set the investment loan separately This was my original post "Best if you set the investment loan separately. This can be done even if security is only 1,…[Read more]

Best if you set the investment loan separately.This can be done even if security is only 1, your PPOR.it will be much easier to do your tax return too.the drawback of multiple loan account is there could be multiple annual fee for offset acc.I know a bank which only charge low annual fee for loan account with offset.email me to find out more

Hi L,Richard is correct,stamp duty is payable irrespective of the vendor

Hello,In short no you can't redistribute debt.that is why it's best to use offset account from the start to avoid this happening, because you can redistribute saving from offset account from deductible to non deductible offset account debt.In saying this , I heard there are accountants out there who would "redistribute" the debt, but just up to…[Read more]

(Comment fixed and repost)Hello, I have just finished writing articles on whether you should fix your loan or not. Please click on the link below: http://www.expresshomeloan.com.au/_blog/Property_and_Mortgage_Blog/post/Understanding_Fixed_Rate_Home_Loan/ The keypoint is that do not fix your loan for the purpose of trying to beat the market,…[Read more]