Recent content by Later

My husband and I presented a written offer to the vendors agent two days ago on a Mortgagee Sale property that is due to go to auction, with the hope of securing it before it goes under the hammer. We have a finance clause on our offer and the agent appears to be using this as an excuse to...

Just wondering how close an eye people keep on the deductions and disbursements made by their property manager and is it really unrealistic to expect them to get it right? I have just come from a 2 hour meeting with my property manager to discuss strata levy payments taken from us over the...

I was never put in childcare and very rarely left with a babysitter. My mother has been quite vocal about her dislike for childcare (I think this might stem for her years as a teacher). As a result, I had a real internal struggle with my decision to put my kids in daycare one afternoon a week...

Before having kids, I was definitely stuck in a rutt. I had been in the same job for 9 years and was earning good money, but I hated the work. Between Nov 2007 and Dec 2010 I had 3 kids. When I went on maternity leave in 2007, I was well and truly ready for a change. After my second child was...

Really??? Have you been to Derby or Broome lately? The cost to buy into Derby is now on par with Broome and the rents are DOUBLE that of Broome. I have been living in Broome for a long time and am yet to know of anyone packing up and leaving Broome to go and live there (aside those that are in...

Hi Mike, No not doing a member loan and since my initial post I have learnt what the $2200 fee is for and I wont be needing that. Thanks for your feedback. Lisa

My SMSF has been up and running for 5/6 years now so the Constitution is already in place so they would simply (or not so simply :o) be "reviewing and updating" it.

For those of you that have already bought property in your SMSF could you please give me an idea of what it cost you to get set up for a limited recourse loan? My accountant has directed me to a Solicitor that has quoted the following; 1 - $550 for setting up the Company to act as a...

Thanks Wylie, This one is in NSW. I agree it would be difficult to prove if they knew something. I guess the fact that they suggested I use a solicitor to check the strata report has made me a little suspect.

I came across a property on realestate.com.au a couple of days ago and sent the agent an email requesting some more information on various things. It is an older building so I specifically asked "Is there anything in regards to the condition of the building that I need to be made aware of?" The...

I am in the exact same situation with ANZ at the moment, and have just had 3 loans come off IO in the last couple of months. Feel like I am banging my head against a wall at the moment! When I first enquired about reverting back to P & I the retentions team got wind that I was going to shop...

Where to buy I agree. Although it is a little far from Perth airport with the new highway it is a very easy 3 hour drive these days. Yallingup siding is my pick (in fact it is my dream location). Acreage and a view of the ocean. Might be slightly hilly acreage! Things have been very slow...

This is another one of those "moving property to my SMSF" questions. We are trying to think outside the square and would like to hear from any SMSF experts out there. We have had an offer from a family member and more recently from a friend to purchase the property from us so that we can...

Hi Rolf, Absolutely I can move lenders! There is just one smallish problem which I also would love to fix at the same time - cross collaterisation. I did speak to you well over a year ago now but at that time everything was tied up with the fixed rates and one of those IP's is also...

We have hit a wall and can't seem to move anywhere at the moment. We have 4 properties. PPOR - 50% variable with ANZ, 50% Fixed at 5.69% till mid September IP1 - Variable with CBA IP2 - Variable with ANZ and has just come off IO IP3 - IO Fixed at 5.69% till mid Sept with ANZ I have been on...