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Good one Pa1nter!, however this situation is a tad different. Terryw property is in Tasmania.

Hi guys, I have a mate who has had a building built by a registered builder, however the builder has not paid the subcontractor (apparently) and now the subbie wants to rip off the guttering and other items... my mate paid the full amount to builder as specified on the contract. He told my...

* $225m in home warranty premiums were collected, but only $16m paid out in claims * The premium-to-claim pay out ratio is well below normal * More insurance news in our Money section INSURANCE companies are ripping off New South Wales, with figures showing they collected $225 million in...

Went to Westpac to open a buisness account for a new business I've just set up. First they tried to tell me that I needed to book an appointment with the business banker who wasn't available until that afternoon. I told them I only want a business account opened, I don't want to come back...

Usually you need two years of business figures, however you might be able to get around with one if you are prepared to pay a higher interest rate.

Additionally the Government is also moving forward with broad ranging reforms to the consumer credit market including the introduction of positive credit reporting and responsible lending laws. These changes will allow lenders to better assess an individual's credit risk and will deter the...

<<"The landlord says he will get a lease written up by his solicitor. We are required to pay for this expense which will cost about $1500, does this sound like a reasonable amount? This is based on his solicitors rates.">> Its not too bad. Usually it ranges from $900-$2,000. However...

Positive Reporting is BS I don't see many positives to 'positive' reporting. Positive reporting is a misdemeanor - there are very few positives.. Mainly it is a tool for banks to reduce their risks further. They give you a score (FICO) based on all sorts of things - total repayments, total...

That is correct, simple answer is as long a you did not live in the house you can claim FHOG.

"but are limited to the credit policy of the Bank." Richard is correct, all loans are approved via head office, which has caused some anger from franchisees.

Hay all, I am doing two projects with a builder (with hopefully more to come... perhaps) and we need to set up a system that can account for each project separately. Of course the builder is a builder and is not the greatest for keeping receipts, doing (any) paperwork, etc. Perhaps have a...

Shipping from China is what we do. Really you do have to go over there because of QC. Weve had laminex kitchens fade and things not up to code. Alos some things you can get cheap... And some things (like Tiles) you cannot - please note I am refering to real quantity here and our Aussie...

Hay guys - although I've got some good contacts with established builders, I am looking for a fast youngish builder (or older builder who can manage) to do some large additional building projects. I am looking to give some a go here rather than just go with the same 3-4 players. Any thoughts...

From my very, very limited knowledge plater sheet it shouldn't be too much of an issue, just make sure your screws go into your beams/stud/etc.

Will there really be another interest rate drop under the current circumstances..?? IMHO - Yes. Business are sheding staff, First Home buyers are supporting 1/3 of the RE market (mainly because of the FHOG+Boost - Take away one of the legs of a three legged stool - what do you have? ANd will...

Welcome Pappas, It seems you have an unencumbered commercial property and a few residential properties. What I would do is get a LOC on the existing commercial property and use that to fund the purchase of the new commercial property you want to buy. I would make them two separate loans so...

Hmmm.... You don't want to speak to an accountant, rather a lawyer will be more helpful. From my limited understanding of your circumstances, basically you have a deceased estate in a trust (with a trustee who administers the trust). Pretty much I approach the trustee and say that you wish to...

Some people wouldn't want to live in a house where someone has died >>Really every non new house has someone die in it at some point. Not that I am saying all deceased estates have had someone die in them Who cares. We are investors. Buy it, hire a priest to perform an excorcism and rent it...

I doubt prices will fall 40%. Why? Because they have already fallen in UK and US they would of fallen here too at roughly the same time. Why did property prices fall in the US? Surprise, but also because there was a lot of housing oversupply there (The US has a 19 year high in housing...

I doubt prices will fall 40%. Why? Because they have already fallen in UK and US they would of fallen here too at roughly the same time. Why did property prices fall in the US? Surprise, but also because there was a lot of housing oversupply there (The US has a 19 year high in housing...