Caveat

Viewing 5 posts - 1 through 5 (of 5 total)

scullyman
Member
@scullyman
Join Date: 2004
Post Count: 43
August 2, 2004 - 12:58 am
It is my undestanding that if I buy a property using vendor finance, I would then take out a caveat on the property.
How do I do this????
Thankyou
Ibuycashflow
Participant
@ibuycashflow
Join Date: 2004
Post Count: 274
August 2, 2004 - 11:12 am
A caveat is used to register an interest in the property. You need to speak to a solicitor
Cheers
Jeff
Terryw
Participant
@terryw
Join Date: 2001
Post Count: 16,213
August 4, 2004 - 4:24 am
You can also lodge one yourself at the Landtiles office.
Terryw
Discover Home Loans
North Sydney
[email protected]
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email Me
Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
Mortgage Hunter
Participant
@mortgage-hunter
Join Date: 2003
Post Count: 3,781
August 4, 2004 - 4:32 am
Are you absolutely sure that you need vendor finance?
Speak to a cluey broker and make sure you have exhausted all other forms of finance first and you may save yourself considerably!
Cheers,
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
WallFlower
Member
@wallflower
Join Date: 2004
Post Count: 205
August 6, 2004 - 12:20 pm
Simon, Tell me have you ever gotten someone (high risk) a loan that was +2% over the current interest rate…hmmmmm