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Yeah i am really tempted to go and shop around for a new bank while ANZ have been good to me so far this has just annoyed me
I just cant see what the big problem is changing over the loan first they wouldn't let me change cause it would go over 30+ years now with this.
I guess it cant hurt to have a look around at other banks
I am currently with ANZ and have been happy with them. I just find it frustrating trying to sort out my house before I go away.
I have already paid LMI when we first bought the house 18 months ago. They told me that they will need to do a reevaluation as we bought when the prices were high and the value of the house might have dropped since.
yeah i saw that on the tv and went to the website but it is only for new houses only and there are no new houses alice springs:(
yeah i saw that on the tv and went to the website but it is only for new houses only and there are no new houses alice springs:(
yeah it does sounds kinda confusing when everyone has there own opinion
it is a lot like when i started to trade on the markets everyone has advice, anything from always put money on bank shares as they never go down too buying shares was the same as gambling!!!!
but no one really had any evidence to back it up if i probed a little more
I know i am a bit tight for equity and want to make a play now rather then wait but don’t want a good deal too pass, but i know there will always be another good property deal around the corner if i wait and get some cash together.
do you usually get the feeling that if you wait too long that you will miss out.
or is that just a feeling you get once you start to play the property game that you have to leave to ignore?i am just a bit confused
we are looking at a few houses in our area that are a real good deal and at a very good price but confused on what to do about the deposit?
one person says that we should not withdraw our excess money from the PPOR loan because off tax concern but another said that we should not use equity in PPOR either and keep PPOR and IP separate
I don’t really understand how we can get the cash/equity from our current home to kick start our investments property?
I am thinking about putting the PPOR in my wife’s name and use my name for the IP or should we go the Discretionary trusts route
we live in the outback so there is not much in the way of good financial adviser in town but there are a few accountantsyeah me and my wife rent out the spare rooms for Korean working holiday visa works well they keep to themselves as rent is expensive in town
I don’t mind i only use our room to sleep in and it does not impede our lifestyle at all. may as well use the spare space.
we are looking at getting another house, as we have a lot of spare cash that we think could be put to better use
property price have dropped a fair amount but the number of housing on the market at the moment is massive. it seems like it is a buyer market at the moment and we think it might be the right time to get in .
we just don’t know how to gauge the market. will it drop more? will it start to recover? or just start to even out?
I have been doing lots of research and know that i should try to get in while the market starts to recover from a downward slump but dont know when the market hits bottom.
are the any tell tail signs?
what should i be look for to get a good idea where things are headed?so would it be better to withdraw any excess money off the current home loan and use that plus the money that we have saved for a deposit on a Investment property?
thxs for the advice
yeah we decided that we should save up about 20-25k more , should only be 6-7 months but would rather wait then rush into something
will give me some good time to look thought here and find out what kinda property we are really looking forthanks for the advice
