All Topics / The Treasure Chest / Wraps In Queensland ?

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  • Profile photo of RobboRobbo
    Member
    @robbo
    Join Date: 2002
    Post Count: 0

    Hi, Has anyone done any Wraps / Vendor Finance deals in
    Queensland.
    How dose the FHOG work up there.
    Can anyone recommend a solicitor up there with experience in this area.
    Look Forward anyones thoughts.
    Robbo.

    Profile photo of ADAD
    Participant
    @ad
    Join Date: 2002
    Post Count: 636

    Where are you in Qld ?
    AD

    A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
    -Sydney Smith

    Profile photo of MrFairGoMrFairGo
    Member
    @mrfairgo
    Join Date: 1969
    Post Count: 93

    Queensland? Yes of course!

    FHOG is paid by the Govt after the person has been in the house a year (and has paid a certain percentage of the initial price – important to note that the “amount paid” calculation includes deposit, principal, and interest. Usually this is reached by somewhere between 10 and 14 months). Here http://www.legislation.qld.gov.au/Legislation%20Docs/CurrentF.htm there are links to the superceded and updated versions. Scroll down to
    “First Home Owner Grant Act 2000 (FirstHomOwnA00) [Superseded Versions]
    First Home Owner Grant Act 2000 Correction Notice (FirstHomOwnA00c)
    First Home Owner Grant Regulation 2000 (FirstHomOwnA00) [Superseded Versions]” and read it straight from the horse’s mouth. (This site also has excellent references to the different FHOG treatment in the states BTW)

    There are quite a few solicitors now in QLD who are involved in wrapping from the legal end. Ours is Mark Game – Level 9/193 North Quay Brisbane (07)3236 0005. Tell him “Lance Hunt sent me”. Pity I don’t get a commission though. :)

    Hope this helps

    Lance

    .
    Fair Go Homes
    http://fairgohomes.com.au
    Rapt with Wrapping!
    (07) 5465 4999
    [email protected]

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