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    Seller breached the Contract - Failed to settle

    Hello I have signed a contract to buy an established house in Queensland on end of Feb 13, settlement due on 2nd April 13. I have requested to extend the settlement 3 times (total of 2 weeks), due to B&P and finance. The seller agreed all the extension requests. When the time comes to...
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    Settlement date occurs during my oversea trip

    Hi everyone I have pre-booked my oversea trip about 9 months ago for 2 weeks holiday from 9th feb to 25 feb 13. I have signed up a H&L contract last year, awaiting land to be registered. The IP is at QLD. Nine months passed, and the land finally got registered a week before my oversea trip...
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    'the interest you pay on the deposit is tax deductible?

    A very complicated tax issue happened years ago: I have signed Contract for Sale for off the plan unit purchase on 2009, which is due to be completed by the end of 2010. I have taken out a personal loan from ANZ bank to pay for the 10% deposit required at that time. I have then repaid the...
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    Pre-settlement inspection

    Hi Everyone I am having a situation here. I have recently bought a 1970's unit with 2 days to go for settlement. The unit is tenanted since April 2011 with the same tenant. Yesterday I have done my pre-settlement inspection. Since this is an old unit, I am expecting some wear and tear to...
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    Valuation

    Hi Everyone I am having a dilemma ATM. I am re-financing with ANZ (Through private Broker) for my IP at Melb. The purpose of my re-finance is to draw down equity to purchase another IP. The bank valuation came back at $400,000. However as I would like to go up to LVR90%, the LMI and credit...
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