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how about negotiating commission...so far its the usual 5% for first $18K and 2.5% for balance. has anyone had any luck in reducing it?? also marketing costs are around $895 for 2x newspapers @ 4 weeks, 4 internet sites, signboard, pro photos and email marketing - no sale no charge for marketing.

has anyone used a vendor's advocate before??

Any recommendations for a conveyancer in the Runcorn/Sunnybank area? I am interstate at the moment and this is my first sale of my property...am i right in saying that commissions and marketing costs are fixed??

Has anyone had any experience with any REA within that area? I have only used First National Runcorn, but am open to get advice from others.

Thanks Terry. How about hybrid trusts? Would it be worthwhile exploring this as well?

yeah, i am trying to work out what would be best for me in this situation, especially when i have all that equity locked up. i am just looking for general structure strategies that people have considered if they were in a similar situation to me. at the end of the day i will need to speak to an...

If that's the case. Any recommendations on what to do to release those funds? I thought the trust would the cheapest option?

if i didn't have any paperwork would that matter too? all i know is that it is mentioned in the settlement that there is some additional downpayment. funds may have gone through a normal transaction account. if this is not an option, is there any other suggestions apart from selling it?

i think from memory, it was money lent to me from my dad so that i could buy the property. hence we wrote up that stat dec and on the settlement we noted it was money that i was given by dad. at the end of the day, there was a portion of it from my dad so from that stand point, do you think i...

yes, there is a stat dec and a transfer of funds from his bank to mine. this was all conducted prior to settlement. so it would be ok to get another loan or to just merge the loans together and repay my dad? the original loan balance say is $150K and i drew $150k in anticipation of buying a new...

bringing this thread back to life as I read http://somersoft.com/forums/showthread.php?t=79933 what i forgot to mention was that i had borrowed money of my dad and have a stat dec and bank transfer confirming it. so before i go to my accountant as i am looking at buying in nsw, i am seeing if...

the problem i think is i previously refinanced my mortgage on what was my PPOR and changed it to an IP when I moved interstate and was also looking to purchase another property. So I drew $150K equity from my IP and now have a mortgage of $300K with $150K in an offset account. All I really...

are you able to elaborate on some example structures? i am hoping to use just one offset, but i don't think that is viable as i will be trying to put all my money into the loan with the most $

So what you are suggesting is, split my loans for example something like: IP 1 loan: $150 for my IP 2 loan: the additional $150 equity drawn from IP new PPOR 3 loan apply $350 new loan + offset or consolidate the 2 and 3 loan?? and my understanding is only $150K is tax deductible?

Hi guys i am looking to purchase a 2nd property. currently: Value of PPOR = 450K remaining variable loan = $150K I have drawn $150K as a deposit for the new home and my IP is currently being rented out for $450 p/w i am looking for a new PPOR for around the $500k-$550k mark in...

Hi guys, my PM has advised me that 2 x plastic sheeting on the pergola at the back of my IP has been damaged. They have quoted me $300 which i think is a bit over the top. Can any recommend a handyman/repairer in the Runcorn / Southside Brisbane area. I don't have the measurements, but it...

property worth $425k p&i loan is @ $150k i took out a personal loan on top for $16k i've re-drawn this from my loan.........bad mistake.............. but now i am unsure what to do as it is tax time.....moving forward i am looking to purchase a new property soon, but should i be...

i am currently on a P&I variable home loan and am looking to re-finance it. i've seen on the forum that alot of people change it to IO. do i discuss this with a mortgage broker or do i discuss that with my lender? i originally went through a broker. my next property will be in sydney. my...

Hi guys i am looking to purchase a 2nd property. currently: Value of PPOR = 425K remaining variable loan = $150K (50k in savings) i am looking for a new PPOR for around the $500k-$520k mark. I am new at this so just seeking more advice on what I can do. The current PPOR will be...