I had problems with my mortgage broker also, he said he would show me three different lenders and also a lender i preferred to go with based on my requirements. Low and behold, he came up with one lender and my preferred one, but he told me my preferred lender couldn’t finance below $50K.
WHAT A LOAD OF BOLLOCKS!!
I did some research myself and rang a coupla banks and they could all suit my needs and weren’t that much different in products and flexibility.
The broker used a few choice words when I told him I no longer needed his help and would find my own loan.
Don’t think you can’t do some research yourself, normally an quick phone call will locate the banks that can do what you want.
I’m sure there are good brokers out there but after my experience I will try to do it myself.
Ouyen is in the middle of nowhere, 100km south of Mildura – which used to be good for +tve investments ( I used to live there). There may still be some good propertys in the surrounding suburbs of Mildura but I wouldn’t stray as far as Ouyen. Try Red Cliffs, Irymple, Merbein and Robinvale.
As with any dealings in life, if you can’t get along with them go somewhere else. If your agent isn’t responding to your needs get another one, you pay his wage remember!!! And state with any agent you deal with they are to check all costs with you before proceeding.
With chasing the tenant for more money maybe you should be enquiring through the tenancy tribunal for your rights, and wouldn’t claiming on landlord insurance be up to you. If you’ve got it it’s in your name, you pay for it, so ring the insurance company and get them to start working for their money.
good luck and hopefully your next tenants won’t abuse your trust
melinda
quote:
What should I do?
The last tenant was evicted out due to not paying rent. Our PM agent was able to claim back the bond. There are some minor damages. He said he will pursue to claim back some money from the tenant & landlord insurance. The property has been vacant for over a month. It’s not easy to talk to the agent. We have to ring many times & leaves many messages before we can talk to him. He never returnes our call.
What can we claim from the tenant & the landlord insurance? Do we have to pay for court cost if the PM agent sues the tenant?