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  1. womble66

    CBR House Party by vandals destroys someones new home

    http://www.abc.net.au/news/2014-07-09/teen-vandals-trash-home-at-kambah-during-house-part-owners/5584810 Would make you cry...................................
  2. womble66

    New loan & re-financing with NAB

    General question/s for a friend as I had no idea (and have no influence)? He currently has 3 loans with the STG that are in a portfolio loan and he is looking to buy another property with new loan finance from NAB which involves also the refinancing 2 of his existing loans to take advantage...
  3. womble66

    Assessing the liveability of Australia's cities in 2013 - Recent Survey

    An intersting survey from The Property Council of Australia: https://www.propertyoz.com.au/Advocacy/Policy.aspx?p=69&id=68 Are they serious??? :confused:
  4. womble66

    My Broker got it wrong - Name/s on Loan

    Hi all, My existing IP that has the title in my name only but is funded with a 80% LVR loan that is in joint names (my name and my partners name) as this is the structure that was recommended to me by my broker who also is my tax accountant and pseudo financial planner. I have just found...
  5. womble66

    Proceeds from Sale

    We have just sold our PPOR and will be renting for up to 12 mths so need the most tax efficient way to save the proceeds in the interim until we buy our new PPOR. $300K from Sale in cash. $390K IO loan with 100% offset at 5.99%. $100K in Term Deposit at ~5.00% as security for IO loan (temp...
  6. womble66

    Refianace or Renegotiate - Selling PPOR to buy a new PPOR but xcoll.

    I am looking to sell my current PPOR to upgrade to a new PPOR but I have a IP xcoll to this PPOR so want to know should I refinance to release the xcoll or just go and renegotiate the security against the IP (cash for my PPOR). When I bought 2 years ago the aim was to sell PPOR and move into...
  7. womble66

    Body Corp approval for Air Conditioner

    My mum has asked mr to wriite a letter to to her units body corp (private owners corp) before the upcoming AGM seeking approval for the installation of a single split system reverse cycle inverter air conditioner to be installed in her unit. The unit is on the 4th floor of an 10 storey...
  8. womble66

    Quanity Survey/Depreciation Schedule - How do you know if its value for money?

    Are they worth the money??
  9. womble66

    Vendor

    (Sorry for the partial title but I clicked submit before I realised and then it was too late) Hi all, Its not a big issue just something that iritated me tonight when I just went to do the final inspection on my new IP that settles tomorrow. At many inpections prior to exchage and the Vendor...
  10. womble66

    Gas/Water/Power - Do I need to get them in my name first for a new IP?

    I will be taking possesion of my new IP in a few weeks but just need advice on when or if I should get the power, gas and water changed into my name on settlement and prior to leasing to the first tenant? The house is currently owner occupied but when they move out I would still like to have...
  11. womble66

    Advice of fianacing my first IP

    Hi, Have an issue with Westpac through a local broker at the moment that I just need some advice on my options on whether to hang in there or look else where for funding options. The situation: PPOR $290K (bank valued 27/4) with 100% equity = no mortgage Income 1: $62K gross (me -...
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