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Hi, I recently completed a new build, and engaged an independant building inspector to carry out the inspection at each stage of the build. Is this expense added to the cost base of the property at sale in the future, or is it a deductible expense? I'm leaning toward addition to cost...

Hi all, As mentioned in a different post, I am thinking of selling my property under vendor finance. This would mean that the buyer will sign an agreement to buy my property at a future price at a future date (3 years from today). On top of that, they will also agree to an installment...

Hi forumites, Lately I have been thinking of selling one of my properties under vendor finance. It seemed like a great idea to get some positive cashflow in this uncertain times, as my current property is negatively geared. What are the pros/cons of this? I dont know much about vendor...

Hi Forumites, My relative recently refinanced their home loan with ANZ, to access an equity from their IP of around 80k. The loan was set up so that they have an offset account, and IO repayments. The way ANZ works apparently is that this 80k equity will automatically be drawn down into...

Hi everyone, The construction of my IP in Tarneit has started, and I was wondering if anyone here can recommend a good independent building inspector I can use to inspect at each stage of the construction? many thanks in advance.

Hi Forumites, I am currently looking for a PM in the Clayton and Tarneit areas. Does anyone have a recommendation?

Hi everyone, Not sure if this question has been posted before, but here goes. Assuming I bought a land, intending to build a house on as an IP. However, I wait say 4 months after settlement of the land before building a house on it (an additional 6 months for building the house)...

Hi Somersofters, This question about paying the LMI to access an additional 10% has been playing on my mind recently. The scenario is as follows. My IP has been valued at 390000, and I have the ability to either refinance at 80% or at 90% with LMI capitalised. I used a LMI calculator, and it...

Hi everyone, I confess this is a slightly long post, but I hope you all are able to provide some suggestions to my problem. Here is my situation, and I have posed some questions below. I bought a land worth $180k, with $120 on a loan in November 2010. I have been told that currently, land...