Recent content by Lt.Shmidt

Thanks for your advise and congratulations. This is exactly what I stated in my email to agent, saying I will give a proper formal notice when I will have a firm settlement date and will also let LL to do inspections while we preparing to move.

Well, I do hope that being honest is good. :) at the same time I understand that leasing the property is business... They can give me 90 days to vacate at end of July and this will be exactly by end of the fixed lease.

Guys, Need some advice, probably from the landlords or agents. I'm renting same place for 3 years and was never late with repayments and all 3 years was on renewed 12 month lease every year. Few months ago had made decision to build own home due to some personal circumstances (otherwise I'd...

well...I'm looking for PPOR and is not really interested in capital growth. If it goes up in 20 years then fine, if not - its ok too. I'm not interested in AU property market as investment. For me, Frankston South ticked the following important factors: 1. Very good High School 2...

Reading this topic I can see the neiborhood there is not the best. But maybe south part of Frankston is different.

Hmm...interesting topic. I was planning to buy something in Frankston South (Frankston High School zone) area as my first home for PPOR. Scratching my head now...maybe I should go back looking in Berwick.

Guys, By looking for 2 ( 2 + study ) bedroom units in Carrum/Chelsea/Patterson Lakes area I found that there are many units advertised at 340-350K. My limit is around 300K (first home). Wondering is if worth doing inspections of those units and making 300K offers if advertised price is 40-50K...

Thanks guys for all suggestions. Appriciate it. I'll leave St.George in the offer because i already got preapproval with them for 100% loan. There are not any 100% lenders left on the market ATM. One more question...Do I really need to do building inspection and pest control if house is...

Thanks Propertunity Yes, I think i also confused myself. :confused: So what is the best way to say that settlement will happen when tenants will leave the property?

Hi guys, I'm preparing my first written offer too. Will do another inspection this weekend, but want to prepare the letter before. Can anyone please have a look if this is OK or am I missing something? I'm doing 100% loan with St.George and already got pre-approval. My MB said that he will...

Thanks all for nice and informative answers. I'll arrage deposit bond with the bank where I'll take the loan. I think this should be easier. As for byuing process ( assuming I already got pre-approval ), I will try to stick with the following: 1. Found the right property in the suburb I'm...

Thanks. That is exactly what a broker calculated to me. So for $300K property it will be about $6K out of pocket expenses plus FHOG. I'm still hoping there will be a chance to find something in Cranbourne ( Hunt Club ) below $300K with 1-2km from train station.

Sure I know. I'll need to cover all settlement costs, solicitor, building inspections, etc... Thanks. A bit confused here. If sale price in contract is 300K and bank is lending $300K to vendor on settlement day, does that mean I can get my deposit back? Or I just need to put sale price in...

Thanks! Could that deposit bond be a part of 100% home loan or I need to do this separately? I'm not in the position that I do not have deposit at all on my savings account, it's just enougth to put as 5% deposit but I'd like to keep this money as cash considering current financial turmoil...

Hi All, Another FHB here :) I'm currently getting pre-approval from St.George and I think it will be OK as I almost got formal pre-approval and just send them few additional documents to finalise it. My problem is deposit as I'm not too long time here in Australia ( 3 years ) and I'm single...