Search results

  1. G

    Name transfer

    Hi Guys, I am trying to understand the process of transferring name for a property. Mother in Law would like to transfer the property to my name. There is 200k loan owing on the property. I have asked around to a few conveyancers but the process is still unclear to me. How I understand it...
  2. G

    Loan options

    Hi Guys, I am trying to work out the best possible options when transferring a property from my Mother-in-Law to me. I have thought of a few options below. Please comments on the options whether its good or bad. Ideally I would like as much liquid cash as possible so that I could utilise it...
  3. G

    VIC - Buying in Joint ownership with a Temporary visa holder

    My partner is currently holding a Temporary visa and I am on a Permanent Residence visa. We are getting married soon. We would like to purchase a second hand established property. Any one know if this is possible with my partner being on Temporary visa? Thank you.
  4. G

    VIC: Buying from Parent-in-Law

    My parent-in-law has a house worth about $500k. There is still $200k mortgage on the house. We (my partner and I) are planning to buy the property off my parent-in-law. The plan is to pay off their mortgage in a lump sum from our money. In terms of the conveyancing, stamp duty and paperwork...
  5. G

    Renting a room to my brother in ppor

    Hi I am currently renting a room in my 2 bedroom unit to my brother. I am living in the property as well. Can I claim any tax deductions? I tried to search ATO website but could find a satisfactory answer.
  6. G

    Asbestos wall?

    I am planning to renovate and repaint my wall. Can anyone tell me if the above pictured wall is your typical asbestos plaster? Unit is build circa 70s. The wall has an uneven texture. I am not sure whether this is the style or paint.
  7. G

    Difference between investment home loans and home loans

    My broker set my loan up as an investment homeloan. Iam not sure what are the differences between investment homeloans and homeloans. The reason she sets me up with investment homeloans is so that I could borrow more. I will be living in the property after settlement. She mentioned that it is...
  8. G

    Another Section27 Thread

    Hi All I just purchased a property and received Section27 last week for me to sign. I will ask the following questions to my conveyancer tomorrow. I am just after a quick answer on possible scenario now. On section 27, it mentioned that the owner took out a mortgage in 2008. However on the...
  9. G

    Commonwealth Bank Turnaround time

    I have just purchased a property earlier this week. My homeloan application was submitted by my broker two days ago. I had a pre-approval previously so right now I am just converting it to a full approval. How long does it take for Commonwealth to approve my loan at this time of the year...
  10. G

    Questions on IP

    Hi Guys, First time poster I went to the inspection of this property today. http://www.realestate.com.au/property-unit-vic-clayton-107702161 Obviously I have some interest in it. If you look in google map you could see that this property is the last unit on the block on fergon st...
  11. G

    Buyer wants an inspection after Unit is sold and contract signed

    We have just sold our unit 2 weeks ago under the auction condition. It was passed in but got sold on the day. The unit was sold on the day of auction. Therefore, it is still under the auction rules. Now the buyer would like to come to inspect the unit again bringing their parents through as...
  12. G

    Section 27

    Hi all, I am in the process of buying a property for the first time. Today, we have received section 27 from the vendor's solicitors to release the deposit earlier. The settlement is 1 month away. After googling I am leaning toward objecting this. What sort of implication will it have towards...
Back
Top