Thanks for your help rogue! []

Living South East of Melbourne with little option to investigate properties outside the state means I “probably” wont get that rare opportunity for quite a while. I really have a lot more of the market to study before having enough peace of mind to purchase a place this side of 2005 anyways.

I have a relatively low…[Read more]

Hey Charchie,

I have been trying to put together a similar thing so any help would be appreciated. Please drop a copy in at sjfiltered at hotmail.com.

Thanks a lot,
Steve

“Knowledge is Power”

Mini: Minimum amount of time staying in the house is 6 mths.

I know this is correct for Victoria, and would assume the same for other states.

Steve.

“Knowledge is Power”

As I mentioned in an earlier post, there is no specified end date for the FHOG. At least not one that the FHOG dept of the State Revenue Office are willing to disclose… []

Even if they abolish it though, something new will come through to help out first home buyers.

I’ll be continually chasing this up as it affects me greatly, so i’ll keep you…[Read more]

Thanks for the reply Simon.

With the second part of your response…

quote:if this is your plan then consider moving in to establish it as your PPOR before you rent it. Then you get up to 6 consecutive years rental without losing the CGT exemption.

How does this work exactly??? eg: Do you have to stay in the property as a PPOR for a certain…[Read more]

Yep, interested.

I live near Mentone/Cheltenham (25 mins drive from city).

Where abouts are you Johnno?

“Knowledge is Power”

Depending on the bank… something like this

5 days: Phone calls begin.
10 days: Phone calls continuing + reminder letter sent.
10-30 Days Past Due: Phone calls continue
30 DPD: Another letter if previous letter not responded to or an arrangement made via telephone.
60 DPD: Default fee ($30 I think)
60-90 DPD: Phone calls and letter continue
90…[Read more]

*raises hand* I work in debt collections for one of the pillar banks. [] (Please don’t hurt me).

The people I deal with (only those in arrears or over their card limit), usually dont have a clue about credit cards. They simply don’t understand how to use them!

It makes my stomach turn when I speak to people who allow $500+ per MONTH in their…[Read more]

Hey SIS,

Damn good question. If you look at http://www.firsthome.gov.au/ you can view the eligibility checklist for each state. Go down to the bottom of the page and select the applicable state.

I’ve never seen or heard evidence to say that you can’t claim the grant under those circumstances. It does seem like a too good to be true loophole…[Read more]

Hey guys,

Just contacted State Revenue Office in Victoria to clear up a few things about FHOG.

1. Must move in within first 12 months of purchase (We already knew that)

2. There is no specified end date for the grant at this point in time.

3. As of January 1st, you must use the property as your PPOR for 6 months minimum before you can use it…[Read more]

Or you could just do what Phobia has mentioned… []

*sigh* I’m so slow…[]
YI.

“Knowledge is Power”

Hey guys,

The link mentioned in an earlier post http://www.the-richest-man-in-babylon.com/, will get you the condensed, re-written version of the 1926 book.

You only need to refer one other person by e-mail to be entitled to it, and you can refer up to 5 people for up to 5 book thingies.

The e-version of The Richest Man In Babylon is about 200k…[Read more]

I live in Parkdale (between Mentone & Mordialloc), about 20k South East of Melbourne Couldn’t be more than 10 mins drive away from Sooshie’s place

YI.

– Sooshie: You ever catch the Frankston train line? I go past Moorabbin and Bentleigh station nearly every day

“Knowledge is Power”

Hey guys,

Here’s a few…

“Only fools dream of the one thing they can’t have…” – (Sean Connery’s character in the film First Knight).
It’s not meant to be depressing, but more to remind you to “Keep It Real” [8D] and not to torture yourself too much over something that will never happen, or has already happened and can never be changed.…[Read more]

Hey Phil,

At the top of each page you view when using the discussion boards, you will see a link entitled “Search”.

You can select a certain user name (in this case your own) from a list of all those who have ever signed up for the forum, and then enter particular keywords to search for the message that you want to find.

Hope this…[Read more]

Melb auction clearance rates down to lowest in 13 years eh (53%)? No kidding! Of 23 auctions in my suburb and the two surrounding suburbs at the weekend, just 1 was sold. The 3 that i went to had nothing but vendor bids! (Made for an exciting Saturday []

It was interesting that the BIS Shrapnel guy predicted a flattening out of the market in…[Read more]

Hey Raff,

Can’t make it on Saturday []

How often do you have these meetings?

Would they be at the same venue in future?

“Knowledge is Power”