Why not just go to all the auctions in the area where you want to find a foreclosed property and put a low bid in? The ones that accept are probably bank sales – they probably have reserves set at valuation levels not vendor and REA speculation.Ultimately, you are chasing the low price, right? Not the fact that it was actually a foreclosed property.

sunshine168 wrote:
Hi EveryoneI am a single parent. How do I protect my asset from the future relationship?Thanks!

If assets more important, why have future relationship?

CHIS,Stalin was a socialist or communist (i guess it depended if the motherland was at war or not).hbbehrendorff claims to be an anarchist but isn't really because if he was he wouldn't be blogging or trying to convince anyone of the NWO, he would rather being trying to crash this site, hack the planet and set whatever he could on fire…Back to…[Read more]

mackar,There is buyer interest but not purchasing – it was on the news the other night. Most buyers a waiting for at least a whole percentage drop in interest rates (from the banks, not the RBA). Bears are attending auctions and home opens (people like me) – to see how low things are getting, not looking to buy just yet.As for the stamp duty…[Read more]

Put it all in writing and send it to the REA or landlord (whoever is managing it).If you get no response in 2 weeks, contact the Queensland tenants advice service and fill out the appropriate forms to get a tribunal listed – I put the link in another thread around here somewhere.Why did you pay before signing the lease?Question aside, once the…[Read more]

I agree gamay – it's rubbish, geared to calculate wealth based on investments. Play with the numbers a bit and have a look. It's more of a debt calculator than a wealth calculator.Based on your current lifestyle – what a croc, it doesn't collect enough information to work out what your lifestyle is.Without super it gives me 0 – saying I will…[Read more]

Ok, I apologize, I didn't realize it was a free download (thought it cost $25). I scanned it with AVG and it is not a virus, so I read it and disagree with a couple of points of the articles findings. No. 6 is a very good reason not to invest in real estate at the moment and No. 7 is a very good reason to wait.

There is a lot of stuff in the news about how tight the rental market is at the moment. As I am having problems with a biatch of a  landlord, I thought finding a new place was going to be hell. So started looking for somewhere to buy – which I didn't want to commit to because I am sure the best time to buy is yet to come in this cycle.In the…[Read more]

BenEdan – I'm only looking for a PPOR, just don't want to get ripped off! I take a very investor like stance to purchasing though, the Mrs will weigh in from the other angles:)You have picked the right area but cutbacks in my dept weren't as bad as initially forecast so I didn't think it was a factor. You're probably right though, I don't know…[Read more]

harb wrote:
Krudd copied Howards policies so except for some names nothing else really changed at the last election. Rent assistance goes up with the CPI but there is talk of larger increases to make up for above inflation rent increases.

Krudd copied how Howard refused to say sorry to the aboriginals did he? Krudd copied the luxury car tax…[Read more]

One man's doom is another man's boom. A much needed correction in market values of residential property is what every gainfully employed FHB is looking for. Jon Chown – downplaying the market may be exacltly what the greater population in this country needs. What you consider a negative comment from D could be positive to a great many others.I am…[Read more]

Doesn't this forum moderate spam?

hbbehrendorff – then what determines the bubble size? The one America currently has is only comparable to 1929. Why has there been no bubble that big in between? If we were controlled by a ruling elite, surely they would suffer the middle class with more frequency?I mean, the best way to collect middle class wealth would be to do it as often as p…[Read more]

harb wrote:
25% drop ?That sounds like wishful thinking on your part. I'm sure they'll either find a way to afford rent increases, move somewhere cheaper on the outskirts or buy their own properties. The ones on a very low income are getting government rent assistance anyway so its up to the gov. to make sure they can afford rent or provide some…[Read more]

devo76 wrote:
If this is true does that mean Sydney and NSW are ripe for investment since they have had little to no growth since 2005 for the majority of property. effectively missing the extended portion of the bubble.

I haven't been watching the Sydney market so much but it seems the outer western suburbs are pretty low. Doesn't mean they…[Read more]

simple wrote:
I some how do not think we "have reached permanently flat plateau"

Not by half.Thing is, we could have plateued so much softer around 2005 if Howard didn't double the FHBG and give the capital gains tax concessions. Now the landing will be harder and, in some cases, sink lower than needed for equilibrium because a minor bubble…[Read more]

Scott No Mates – I wasn't suggesting the rental market is slowing down. Quite the opposite. Rentals are overpriced and hard to come by because 1) landlords need to cover interest rate increases 2) alot of people are trying to sell. What this has done to the rental market is squeaze the bottom end out almost entirely. 4 beddys cost only…[Read more]

IMO – .25% isn't going to increase buying at all. Needs a full percent or so to bring a mortgages in line with rental costs on a property of a similar size. Either that or a decrease in the sale price of residential property.But I wish I was smarter too:)

We all reap what we sow…Property can only stagnate or downturn from here. Rent is increasing so much as it is the only way to create investor profit. Trouble is, the bottom end of the rental market has peaked and tenants are going to start missing payments, putting the investors under stress to sell. Trouble with selling is, the only one's loo…[Read more]

Artaud wrote:
Cheap real estate compared to the rest of the country and with the Howard Government pushing nuclear energy there very well may be strong growth there in the next 5-10 years as uranium mining companies look to move operations in.

Hey Art, didn't we change governments? Don't we have a greeny musician as an environment minister now?…[Read more]