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    Uhome Loan

    Ubank The banks are all about market share. NAB will see this as a more effective way of capturing a client. They own MLC which is no longer paying commissions on certain products. This is where they will make the money up.
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    Subdivision in Adelaide

    Development You need to really look at the end product and what you are trying to achieve.I always work from the top down. So look at what is selling in the area and for how much and how long. How many bedrooms? is it family or rental or DINK client base. Often you maybe better going for a...
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    SA Land Development Project

    Funding Should still be a Bank deal. Have just secured funding in SA for development finance. Freehold land is your major positive! Sent you a PM.
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    Is A Mortgage Broker Necessary?

    And what do you think the underlying reason for this is? Why is it Banks are closing the broker channel over xmas and yet CBA are advertising 60 minute approvals? Why are assessors ignoring notes? why are we getting declines with no reason instead of calling to discuss the problem? Why is it...
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    International Chinese buying property in melbourne Glen Waverley

    Yes and we don't want immigration and a population increase. We don't want people who have money and are hard working. So who will pay the required taxes for our ever expanding retirement population?? Do we seriously think most people's Super will do this?
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    Reclaiming fees and commisisons

    Yep and the return over the past 10 years on industry super........ 3%pa. You get what you pay for!
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    Reclaiming fees and commisisons

    The Banks cut our commissions by up to and above 30% around 18 months ago. Did they pass this on to our clients with a rate discount? No they did not! In fact their margins have in creased by another 1% above pre GFC. They will be pushing to not pay us anything, just like financial planning...
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    Ethics of changing brokers

    Don't forget clawback. If the loans are lest than 12 months they take the entire upfront back from us. So we work for free! With regards to your problem, it may not be the brokers fault if you are calling the bank and they are not helpful. Remember the Banks set things up for themselves and...
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    A question for the brokers

    This is an interesting question and because of the banks, mfaa, asic and the general public's attitude one that will be more relevant in the near future. Firstly the MFAA has done a rather pathetic lazy job of promoting brokers. Yes people used to use brokers when they couldn't get finance...
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    Development Costs reallly digs into profits

    I have been quite public for the last few months on this very issue. There is a lot of talk about low housing affordability. The press blame greedy developers and immigration for house prices. If you look at the layers of taxes, fees and charges extorted by governments it adds up to almost...
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    Owner Builder

    I done a couple of these previously. Must be full doc, you must have site supervisor license and you have said you can get all the insurances, home owners warranty? etc. Should be do-able.
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    Finance Advice

    Think you should get some tax advice on this splitting decision. I think when you transfer you would be up for stamp duty as its a 'purchase' and your parents perhaps CGT. But I am not an accountant. You seem hell bent on lumping your parents into the mix. Remember something happens they are...
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    Finance Advice

    Sometimes people don't like the obvious !
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    Finance Advice

    This is good advice and take note! Take care of your studies and save. Yes a broker that doesn't care about his clients may get you a loan. Previously in the Real Estate market its been better to jump in to the property market asap because of the high growth rates, but I doubt this will be the...
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    Australian Credit Licence

    Yep just been informed by AFG all lo-doc loans must also include accountants letter to verify income. However Banks will not be required to do this until 1st Jan 2010. We also have two months into regulation a new set of requirements to an already pathetic mish mash of a fact find. We never...
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    Deppro vs Washington Brown

    Business is business, if Depreciator take the time to answer many questions for "free" why should he give himself a plug ( WHICH HE WASN'T ! ) Too many people on this forum continue to to ask questions and continue by PM work out what they need and go somewhere else. The fact is most people...
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    Advice on broker or bank for self employed

    We deal with a lot of Self Employed from China, so maybe able to assist you.
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    I need help with a jv

    Project details please..... ( no address )
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    What is the Stamp Duty when transferring to Trust?

    Yes isn't that pathetic !! The government are worse than nazi extortionists !
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    builder in adelaide

    Did a duplex with Weeks started two years ago and took 18 months! to complete. As we do lots of divisions we did that ourselves and much cheaper. Adelaide designer homes are good. Dado I have heard a good and do fixed term contracts.
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