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    Seeking advice / points of view on my situation

    Hi forum members, I'm looking for some advice / different points of view on my situation: I have a PPOR in a great location within 4km of a city centre valued at about $600k. My mortgage is $140k. I have $90k sitting in 100% offset account at 4.35%, 2 years fixed. I am currently...
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    Auction scenario - interested in your thoughts

    I'm interested in people's opinions on the following scenario: This afternoon for interest sake, I went to the auction of a 2BR duplex a few doors up the street from where I purchased my PPOR at auction 6 months ago. It's in an inner city area SA and I love the location. The place up for...
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    Advice on loan / finance, your thoughts?

    After 8 months of searching I was finally successful at auction for a new PPOR on the weekend. Sale price was around the $550k mark, so total purchase costs are around $580k. Property is due for settlement at end of month. My situation: I have $500k of own funds + $100k in super I'm on a...
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    Your thoughts ? Adding value to 1930's built Tudor

    Hi forum, I'm looking at the possibility of purchasing a 3 BR place built around 1930, on about 600m2. Looks pretty good structurally but interior looks like it hasn't been updated since about 1975. Smelly old axminster throughout (wooden boards underneath), kitchen is 35+ yrs old and needs to...
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    Making offers subject to Building and Pest reports?

    Hello forum members, I'm interested to hear from people who have bought property whether you have included a Building and Pest report clause in your contract? If you did include a clause, how was it worded? Here is an example suggested wording from the NAB site: The contract is...
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    How to structure finances for PPOR and IP?

    My situation - I have recently sold PPOR and have about $500k available. My aim is to: 1. Purchase a PPOR up to $500k incl costs 2. Purchase an IP up to $250k (within 12 months of PPOR purchase) My income is not very high, only around $45 to $50K at present I have been pre-approved up...
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    Agent's duty of disclosure?

    Just recently while doing my due diligence to purchase a property in the $550k range I was close to making my best and final offer but needed to complete all of my due diligence. The property in question backs onto a water channel/creek in an SA suburb which shall remain nameless. My research...
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    Advice needed on the buying process

    Hi forum members, I'm not experienced in property buying and selling by any means - quite the contrary - which is why I'm seeking some advice from those much more experienced in this field than I am. I'll preface this thread by saying I realise I'll likely just have to put this one down to...
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    Turning PPOR into negative geared IP - is it possible and legal?

    Greetings all, I'm new here and would really appreciate some advice on my situation. I bought a property in 1993 which I own outright. It's currently valued around $350k to $385k. I lived in it for most of that time, but I have realised I don't want to live in it any longer. In fact, I’m...
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