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    Commerial lease extension "option" can new owner cancel it?

    Hi guys TLDR - if a lease has been made by an old owner, 2+2, can the new owner refuse the option to extend, or does the leasee have the right to 4 years if they wanted it? I'm looking at purchasing a commercial building currently occupied by a government department in Victoria you...
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    Renovation/Extension help for PPOR, plans inside

    Noone? D: Feel free to comment, even if you think the plans are terrible (well, especially so) eg - I think 2 fountains is a bit too much, maybe have a nice tree as the centrepiece of the lollipop driveway
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    Renovation/Extension help for PPOR, plans inside

    Hi guys I'm looking to extend our PPOR and were wondering what the somersoft collective think about our ideas We live on a 2.5 acre block with most of the property to the north of the house. There is a beautiful pond/dam I have built to the north east which ideally we would like to be able...
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    current market 2012

    "we have again seen a shortage of rental properties." http://www.theage.com.au/victoria/rental-squeeze-begins-to-ease-20120128-1qnbw.html
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    Fertile Land - NSW Acreage

    I think a much smarter idea instead of investing x hundred thousand dollars into acreage in middle of nowhere "just in case"... invest several thousand dollars in guns, ammunition, camo gear, night vision goggles.. have a buried cache including tinned food supplies and petrol... scout out...
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    Advice on terms - buying a property from developer

    Hey peeps I am after some general advice Interested in a property that is being subdivided by what appears to be an amateur developer. Original ~5 acre property bought by a "company" (registered to the next door neighbours) 2+ years ago, this "developer" is subdividing the estate into five...
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    Need Help with Land Choice (Melton)

    I really wouldn't rush this OP. I think someone in another thread summed up this area very nicely.... "Melton is an island in a sea of land" Don't rush, save money, and consider whether you actually want to live in melton
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    Want to buy a nice house for PPOR.. is now the time?

    :( Both loans were seperate until July 2011 when it was all rejigged to be more 'efficient' so ... sad face guess we're getting off topic a little
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    Want to buy a nice house for PPOR.. is now the time?

    Yes I just rang the bank and they are both cross collateralised loans (both loans secured against both properties). What problems would I run into with this loan structure? My ex-accountant set this structure up to be 'tax efficient' in their words.. but I assume I would run into problems with...
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    Want to buy a nice house for PPOR.. is now the time?

    The breakdown is a little more complicated than that we have $230k cash in an offset account linked to PPOR mortgage (of $230k) and an investment property mortgage of $952k... I don't really understand how given the property is only worth $730.. lol. I think it must be secured against both...
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    Want to buy a nice house for PPOR.. is now the time?

    Hey peeps Didn't know where else to post I'm just wanting some advice as to what the somersoft collective thinks I should do. As a bit of background - I'm 29 and so is my wife. Our after tax monthly income is ~15000 (me) and ~2800 (her), combined ~18,000 (we currently don't negative...
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    Want to bid at auction this week but bank delaying loan

    its a ridiculous situation that I was in myself a few months back. Went to westpac (who I banked with for >2 years at this time), talked to their mortgage broker "You want a mortgage with us? Sure! No problem, heres a pre approval" "Uh... can I get an approval up to a certain amount?" "No, it...
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    RE Agent, Coburg Melb

    I bought in coburg through NA recently... I thought they did a fairly poor job for the vendors (bought property >10k below reserve, agent seemed more interested in just 'getting the deal done' than getting a good price for vendor.. good for me) and a fairly poor job for us afterwards (very hard...
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    Would you spend 10% of ppor value on the front garden?

    10% is crazy. I recently landscaped my front yard (extensively), had to pull out 3 trees, including various previously thought extinct flora (and some fauna) All in all cost ~$3k (plants, trees and 2 skips, [my] labour 'free' Most important thing if you do it yourself is to get the...
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