Forum Replies Created

Viewing 1 post (of 1 total)
  • Profile photo of the Noodthe Nood
    Member
    @the-nood
    Join Date: 2010
    Post Count: 2

    Thanks for the advice. I check the real estate sites practically every day anyway out of interest, that’s how we bought the house we are in now at such a good price. I really enjoy looking at properties so I don’t mind doing the research and have relatives in the building/construction industries as well. It’s just a bit baffling and overwhelming initially. Broadsword are involved with the building of property and it is their property you invest in. Initially you pay $500 to go to Qld and look at the properties you will be investing in. We gave the consultant in the initial meeting our details such as age, income, mortgage repayments/month and total of mortgage, plus any other debts we have (none). He said he would give those details to their accountant to see if there was a better home loan deal we could have. At the next meeting we would sign a letter of intent, not a contract (he was emphatic about stating that it wasn’t a contract) and he would reveal to us the package they had devised for us. There would be a fee of $150 – $200/week for their services, ie property management. I asked how much money had to be paid initially ie, amount for deposit, and he replied nothing. So obviously that is appealing.

Viewing 1 post (of 1 total)