No, I am sorry I dont have current information on that. I would expect that DEWHA will update on that in the New Year.CheersTammywww.greencountry.com.au
Just to point out, the purpose of the sustainability assessment is not soley to gain access to the green loan. My focus when I assess a home is how can I help this household reduce their energy requirement thereby reducing their power bill. I have had electric hot water systems on the incorrect tariff, unnecesarry and inefficient fridges and…[Read more]
Hi Hleung, Yes, only 70K out of the 360K assessed will get a loan. Not everyone will apply for a loan. From the commencement of the program the numbers have been 360000 assessments and 70000 loans. At this stage based on the information we have, once the quota is met that is it. It is on a first come first serve basis and unless further funding is…[Read more]
Just prior to Christmas the booking numbers were getting close to 150000. Given that there are only 360000 assessments total, if you are considering having a sustainability assessment then I would organises it before too much longer. And dont forget, whilst there are 360000 assessments, there are only 70000 green loans. This is going to be one of…[Read more]
Hi hleung,Originally the reports were subject to a lengthy delay (up to 8 weeks, some longer) due to a variety of reasons. I believe that the backlog is all but cleared and a report should take in the order of 3 weeks or so now. I would suggest that if there are any reports outstanding then you need to call and chase it as the assumption is that…[Read more]
I should point out that this applies to landlords as well (so long as the house is 12 months or older and has been lived in by someone for the past 12 months). Maybe this could help retrofit a current reno and then pay the loan out when you sell. Could help the cash flow. I am utilising is on one of my rentals to add a solar hot water system, a…[Read more]
From my understanding, you do reduce your taxable income, but not just on paper. When the property is sold, any profit will be divided according to the designated split and taxed according to that individuals total income, ie your wife will recieve 99% of the profit, which may be good if she is the lower income earner, but dont forget that she…[Read more]
It may also be as a result of a previous problem on behalf of that pest inspector or one known to him. We recently purchased a house that was known to have had termites (disclosed by owner, and termite bait stations installed). Was advised damage was restricted to area xyz. This was confirmed by both the pest and building reports. Top plate in one…[Read more]
I have just moved out of a community title area where there were similar covenances (aim of having textured facades). The same developers following subdivision was a torrens title, also with covenances. Interestingly, in the new subdivision, there are several buildings that dont comply with these covenances, one whom I know. When I asked how they…[Read more]
The new underground mine going in sparked my interest. It is supposed to be the biggest underground coal mine in the southern hemisphere (or something like that).
Hi There,I have just been to the site, well done. One thing though, I did a street seach on a few properties I knew complete details of and found a couple of sales missing, and a few incorrect prices. PM me if you wish and I can elaborate.Cheers
As this forum is essentially anonomous and full disclosure of financials is not given, then I thought it was all only opinions offered rather than advice. I would be interested to hear if it is considered to be different.T
Melbourne, FloridaThis property has 9 bedrooms, 9.5 baths, 5 car garage and much more.The main house is 19,500 square feet, and the guest house is 4,500 square feet. Appraised at $10.5 MilliomPrice is $5.775.000.00 Million – 55% LTVA $250K deposit is required.Uh……yup……just what I am looking for But only if you throw in the cleaner
I dont believe they are mutually exclusive (at least it wasnt when I got both when they first came out), however, I do believe that the owner must occupy for 6 months commencing sometime during the first 12 months. Here is a link that has some FAQ's. Hope that helps.http://www.osr.nsw.gov.au/benefits/first_home/general/fhplus/CheersTammy
Hi Swany,As a start, give Valleyhomes a call. They do alot of duplexes and investment properties in the Hunter area as builders. I have had some dealings with them recently and they seem to be on the ball. As they do a lot of investments, they would be a good starting point to get estimates of costs, council fees, headworks charges, surveyors etc…[Read more]
You will most likely incur stamp duty at the VALUE amout, NOT the SALE amount. Is there a reason that she is unable to draw down sufficient equity allowing a buffer for the repayments? A simlar thought to above except she is borrowing the money from herself so to speak.CheersTammy
Do check because I thought that negatives were added back as a positive (yes I KNOW this doesnt make sense…..but we are talking about centrelink), at least they used to be.