tamara replied to the topic Olly Newland’s 2005 Outlook for NZ in the forum Overseas Deals 19 years, 4 months ago
Hi
I agree with Playa chicken
Olly is one of the few people on the speaker circuit who has actually been there, done that AND got the t-shirt to prove it!
While he is only one voice, in my opinion he’s one of the few worth listening to!
There are many investors who have been successful in the rising market but how many of them have been…[Read more]
tamara replied to the topic Olly Newland’s 2005 Outlook for NZ in the forum Overseas Deals 19 years, 4 months ago
Come on guys. This is only one mans opinion. You can take it or leave it. While I dont wholy subscribe to Ollys view point it does make to think about your plan.
Tamara
tamara replied to the topic NZ Mortgage Lender in the forum Overseas Deals 19 years, 4 months ago
MMajor
While I dont live in Australia I do live in Asia and invest in Aoteoroa. My mortgage broker informs me that he can source mortgages for 10% deposit but this does depend on location, your income and what type of property you are purchasing. Please feel free to pm me if you want his details.
Tamara
tamara replied to the topic LIMs… Are they worthwhile? in the forum Overseas Deals 19 years, 9 months ago
I think that this information is important but dont be fooled into thinking that a LIM contains all of the information. In 2004 a new land owner obtained a LIM a long with other due dilligence only to find out that for cultural reasons he could not undertake the development he had wished. The ongoing publicity around this case discussed wether…[Read more]
tamara replied to the topic Traps in NZ IP’s? in the forum Help Needed! 20 years, 4 months ago
MJT
Just a word about Rotorua. When doing your due dilligence check out with a local property manager. I have been told that there are some suburbs there that PMs will not touch.
Tamara
tamara replied to the topic NZ costs in the forum Help Needed! 20 years, 5 months ago
Hi Zippy
You would need finance for converyancing, LIM, building inspection (if you choose to do one), plus have building and landlords insurance organised for when you take ownership(you will require proof of this for you bank) and of course your deposit.
Tamara
tamara replied to the topic Logging On in the forum Site Problems / Feedback 20 years, 5 months ago
bump
I just want to know if anything has changed or is this site still the only one I visit that needs me to sign in everytime I wish to visit?
Tamara
tamara replied to the topic IP with Housing NZ lease in the forum Help Needed! 20 years, 5 months ago
Hi GreatPig
I guess I would be asking mysself what would happen if Housing NZ were no longer your tenant? How easy would the property be to tenant etc.
Tamara
tamara replied to the topic Researching Waikato Towns in the forum General Property 20 years, 5 months ago
Hi Pursefattener
Ngaruwhaia is part of the the Waikato District Council. You might find something about the district council on google.
I suggest that you go to http://www.propertytalk.co.nz as this site has a whole host of sites that will help you with your due dilligence on NZ properties. There was also a thread that discussed this part of nz that…[Read more]
tamara replied to the topic SWIMMING POOL DISASTER in the forum Help Needed! 20 years, 6 months ago
In the latest New Zealand Property magazine has an article about the 7 deadly sins of IPs…No 4 Swimming pools. The general feeling for this is that you are better off taking them out and spending the money that would be spent on the pool on the grounds.
Tamara
tamara replied to the topic Arranging Finance in NZ in the forum Help Needed! 20 years, 6 months ago
Yes Rufus
It is true that you will need to provide a deposit of 20%. I believe that this is for exactly the same reason as off shore investors investing in oz, you cant get mortgage protection insurance.
sorry can give you specific information regarding the second question.
Tamara
tamara replied to the topic Cross Leased Purchases in NZ in the forum General Property 20 years, 6 months ago
Hi
I own a cross leased property in NZ and as far as I know the most significant thing to be aware of is if you want to add a garage or… then you will need to get the permision of the other cross lease owner.
Try this thread from the Property Talk…[Read more]
tamara replied to the topic Mortgage Brokers in NZ in the forum Help Needed! 20 years, 6 months ago
tamara replied to the topic New Zealand Again in the forum Help Needed! 20 years, 6 months ago
Zing
If you go to
then you will find a whole host of links with the kind of information that you are looking for.
Tamara
tamara replied to the topic Mortgage Broker In NZ in the forum General Property 20 years, 7 months ago
Hi steve
If you go to this web site
http://www.propertytalk.co.nz/
and look up the page Members Corner (you need to be a member and it is free to join), Professional listings will give you a selection of mortgage brokers recommended by other investors in New Zealand.
I hope this helps
Tamara
tamara replied to the topic Investing in NZ in the forum General Property 20 years, 7 months ago
Hi
No matter whether you invest in oz or nz you need to do your due dilligence and remember there will always be another good deal just around the corner.
As we are based in neither nz or oz I find myself doing the same due dilligence.
Tamara
tamara replied to the topic Q for NZ specialist in the forum General Property 20 years, 7 months ago
hi si
Whether I invest in nz or oz I am asked for a 20% deposit. Mind you I have not bought an off the plan property.
Tamara
tamara replied to the topic Buying in NZ in the forum General Property 20 years, 7 months ago
Sharon
I know that this is what some lenders are asking but I suggest that you do further research on finance as it is easy to get a 20% deposit deal as an off shore investor. Try a new broker. PM me if you want to know who I have just used.
Tamara
tamara replied to the topic who plans to buy in the next 12 months in the forum No Subject 20 years, 8 months ago
We have just made one purchase in the last couple of weeks and will be planning for at least one more purchase later in the year. I am starting the research now and waiting for my husbands graturity to be paid out and we will be on a roll.
Tamara
tamara replied to the topic NZ finance from Australia in the forum No Subject 20 years, 8 months ago
I have just used a NZ motgage boker with great success. PM if you want their details.
Tamara
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