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  • Profile photo of shivaskoshivasko
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    @shivasko
    Join Date: 2009
    Post Count: 33
    August 6, 2009 - 10:36 pm

    Hi Linar,

    Does that only apply to a spouse? or can it be done within the family. Say can my parents put my name on their PPOR property and the loan without the need to pay stamp duty?

    Profile photo of shivaskoshivasko
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    @shivasko
    Join Date: 2009
    Post Count: 33
    June 18, 2009 - 11:29 pm

    Thanks Mike,

    Yet again you have provided an exceptional service, much appreciated,

    Shiv,

    Profile photo of shivaskoshivasko
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    @shivasko
    Join Date: 2009
    Post Count: 33
    June 17, 2009 - 2:47 am

    OK, thanks

    I'll get the appraisal done then re-value it..

    Thanks to everyone for their advice aswell

    Profile photo of shivaskoshivasko
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    @shivasko
    Join Date: 2009
    Post Count: 33
    June 16, 2009 - 2:23 am

    Ohh i see,

    so whats the difference?
    Is it likely/common that a valuation for statutory/ratings purposes would be much higher than one prepared for market value?

    Profile photo of shivaskoshivasko
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    @shivasko
    Join Date: 2009
    Post Count: 33
    June 16, 2009 - 1:45 am

    I live in Berwick so am a bit biased, but Berwick has:
    – Hospital
    – University (currently expanding)
    – TAFE (currently expanding)
    – Good restaurants,
    – Bars and Clubs
    – Close proximity to Fountain Gate shopping

    There have been a few houses at approx 300K in Berwick the last few weeks,

    Profile photo of shivaskoshivasko
    Member
    @shivasko
    Join Date: 2009
    Post Count: 33
    June 16, 2009 - 1:37 am

    Hi All,

    thanks for your feedback, the document where the property valuation is written is in the "Land Information Certificate" and it states the:
    – Capital Improved Value
    – Site Value
    – Net Annual Value

    So yeah was going to use that as an estimate to how much equity I might have on the property and then organise a valuation to confirm it so I can buy another IP.

    Regards,

    Shivasko

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