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Can someone tell me what type of title you get if you buy in an over 55s community in Qld. In NSW it is leasehold and the banks won't lend on it.

Of course you are being very thoughtful in trying to help him and you are right in your plan for him. But I can't tell you the number of times I have sat down with someone and tried to talk them into buying a property because it would be so beneficial for their situation only to have them say...

Thanks Dwayne - it is a really informative site especially for someone who knows nothing about Victoria. Cheers.

What is the equivalent Victorian State Goverment land for sale website to NSW's Landcom? I want to get an idea of what land is for sale down there and the prices they are asking.

Last week I heard an ad on the local radio station in Newcastle saying that if you built a new house with (I'm not allowed to say am I) and paid an extra 3,950 you would get a brand new car. I came home and rang them up and asked them what sort of car it was. They didn't know what I was...

I think you should ring your solicitor at 9.00am on 8th January and make sure he phones the solicitors on the other side to see where you stand and whether they will extend the contract. I assume you are not financing the purchase because 14 days would not be enough time for a mortgagee to...

...or the start of the bounce along the bottom for a few years before it picks up.

That property has already priced in the extra block of land. It is way overpriced. If you watch the auction sale results in the Sydney Morning Herald every Saturday you will see that old houses in that area sell for under 200K - some as low as about 170K. If anyone is considering buying it I...

I live on a rural property and use LPG. It doesn't suit me but the things that bug me might not worry other people. When you run out of gas, you ring up the gas company and order another couple of bottles - but they only deliver on one day a week so if I run out on a Tuesday, I don't have hot...

Funny you should mention this. Yesterday I heard a discussion about the US considering taxing gains made within this new virtual world. I was only half listening because I don't know what it is all about. I have CNBC on all day in the background so I don't listen intently to everything but the...

Brenda, I had the exact same thing happen to me. It drove me mad !!! It was never resolved until the purchaser on-sold the property about 18 months later. So they registered their purchase from me and their on-sale to someone else at the same time. I can't understand why they did that - I...

When I last used enamel for doors I added a paint additive to the paint (I can't remember the name but I think there are several different brands) but the result was a perfect paint job with no marks at all. It does slow down the drying process but I chose a better looking job over a faster...

Having lived through a few cycles in the Liverpool/Campbelltown area it seems to me that when the market bottoms, it lingers on until everyone has lost interest in investing in real estate and they start to believe that real estate is not a good investment. So if buyers' agents are still having...

Landcom have been advertising large tracts of land for housing development. They are putting them out to tender. There is one down the road from me at Cessnock - 20 acres. I have no idea what it would be worth. These development sites probably wouldn't be on the Landcom website but you could...

I read a news item in one of the Sydney papers on the weekend that the ATO were going to legitimise the use of warrants by super funds which they are aware is a common practice. I was very surprised to read this because I assumed it was an OK practice for super funds. I think this is probably...

I know that we employ solicitors to look out for any problems on our behalf but I have a doubting nature so I check all the paperwork myself and on two occasions I have been handed transfers to sign with the wrong lot numbers on it. I have checked the survey and deposited plans and picked up...

What I find scary is that this person purchased the property for 545K but the mortgage is 569K.

I bought land in Bundaberg before the recent boom and sold it last year. The prices up there now are double what they were 4 years ago. Someone posted a report on the stages of the property cycle that different areas were in, and I think Bundaberg is at the top of the cycle now. I really like...

This will probably only be of interest to people nearing retirement. I heard on the news today that until 30 June next year, a person will be able to put an up to 1 mill post-tax contribution into his super fund which will become tax free after age 60. This is to give people time to sell their...

lizzie, I have my own SMSF. I would read the information on the ATO website about starting and running a fund. It gives you the basic background information but when you are ready, you really need to get an accountant to do the paperwork to get you up and running. I have found it isn't...