What did happen in WA and how did it happen?
Hello its Rick Otton here I am stepping in to give a little more accurate information re WA? Western Australia passed legislation that people need a real estate license in order buy, sell or trade a property option as you were not the technical...
Reply: 2.1
From: Rick Otton
hey! i've just a call from my tenant saying he has been hit by somebody throwing things
can anybody shed a light?
Rick otton
Reply: 2.1.2.1.1.1.1.1.2.1.1
From: Rick Otton
felicity their is numerous answers here.
In the market place most wrappers find that with only three mortgage insurers insuring residential home loans you'll probably get stopped at say 10-15 houses depending what product you are using.
1/ you...
Reply: 2.1.2.1.1.1.1.1.2.1
From: Rick Otton
"Also, how can wraps reduce the ceiling of deposits you can fund? I thought the opposite was the case".
Dirk i'd like to answer your question but i'm not sure what you mean could you rephrase it please...
Rick
Reply: 2.1.2.1.1.1.1.1.2
From: Rick Otton
ok I may need to be a little clearer
the two above posts were separate as the first one was saying you can use your positive-cash-flow houses in where ever suburb to support your waterfronts which have high capital growth,I did not mean to say you...
Reply: 2.1.2.1.1
From: Rick Otton
ok so now i'm on a roll and you won't shut me up
you go to double bay and find properties for 1 million which are appraised at 1 million which don't sell because they sit on the main road or they are pink or because they don't flow right or some other...
Reply: 2.1.2.1
From: Rick Otton
of course it all depends
1/ if you use a lease option only 40% of buyers will exercise that option so this is a good instrument to use in a rising market why?...because 60% of the people will not exercise the option therefore you get the property back and the...
Reply: 1.1.1
From: Rick Otton
go to the association site www.financewraps.asn.au but you can do lease options like some guys do in Qld and S.A. or you can pay 1% fee of retail sale price to have a license or skip all the govt legislation and sell your houses principal payments only therefore...
Reply: 2.1.1
From: Rick Otton
a wrap is the conclusion of the last scene shoot of a television series or a film
a lease is when you date your mate's girlfriend and an option is when you marry her
Rick otton
Reply: 1.1.1.1.1.1.1.1
From: Rick Otton
talking of wrapping lets all discuss it 7.30pm burwood R.S.L. feb 5th we got a wraps lawyer and a wraps lender speaking
its the vendor finance wraps assn event everybody has been yelling at me to organize. phew.
rick otton
Reply: 1.1
From: Rick Otton
could you believe it everybody in bloody australia gets the new site except me ,you and about one or two others who happen to have a certain bigpond cable which has caches in they're system which need to refresh
hence i need to see the new site over at my...
You are a SPAMMER!!
Reply: 3.1.1.1.1
From: Rick Otton
spam spam spam spam
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.....oops,sorry got carried away....