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Any such thing as Lo Doc car loans? Clean credit file. ABN for 15 years. No payslips or recent figures. Lots of equity in houses but not wanting to refinance any out just for a car.

The lower house prices making headlines this week are not likely to last long, according to economic forecaster and industry analyst, BIS Shrapnel. A new report shows residential property prices will rise over the course of 2009, despite the fact that they dropped in most cities in the...

Just opened today's mail and got some good news: Both of my mobius loans have come down by 0.6% - it is not 0.8% and it only takes effect 31/10/08 - but it is something. A letter from Macq. Bank came today also announcing a 0.8% drop effective 20 October which applies to 2 other of my...

Am I missing something?:confused: The 3 cycles we have are: RE, Share Market & finally Cash (recession/depression) We have had RE and shares - it should be time for the cash cycle now? I don't know how long to expect this cash cycle to last, but after its over are we not due to be back...

Hi all, I have 2 low doc loans with Macq. Both currently variable @ 10.05%. Got a letter in the post today with an offer to fix at a discount. I rang them to get more info. The offer is: 1 year fixed @ 9.4% with no fees to fix (but obviously fees to break). What do you guys think...

From an article on news.com.au - a free resource for sales data! Data on www.onthehouse.com.au allows people to see how much houses have sold for in Queensland and New South Wales. Data from Western Australia, ACT and the Northern Territories will be rolled out within the next six weeks...

From an article on news.com.au - a free resource for sales data! Data on www.onthehouse.com.au allows people to see how much houses have sold for in Queensland and New South Wales. Data from Western Australia, ACT and the Northern Territories will be rolled out within the next six weeks...

Just read this in the Quartile weekly newsletter....... I woner if Aussie Banks would take that long to take action......prolly not :) No-payments mortgagee wins squatter rights A bankrupt who has not made payments on his mortgage for the past 15 years now owns his home outright, after...

This is a CGT question on behalf of a sole surviving parent. Scenario: Parents purchased 52 acres of vacant land (farm land - no buildings) in 1966. In 1982 built the family home on this land and lived there till 1996. In 1996 purchased a PPOR in Port Macquarie and lived there (retired)...

Hi all, Mrs Aimy and our two boys (7 & 12 yrs) and I are moving into one of our IPs in April this year and converting our PPOR into an IP. I need some help with where I go for landscape design. Just some background....The photo is of the backyard from the rear deck of a standard double...

Hi guys, I find myself in the following situation: First 3 IP's were all full docs. Last 2 IP's were 95% LVR low docs with Pioneer (Mobius I think). One of these last 2 loans is starting to give me a bit of pain. It was valued at $340K exactly 2 years ago (after a reno) and I found I...

Hi guys, I need to "cut out" an image from a jpeg file - as you would with a pair of sissors if it were on paper. It is an irregular shape so normal "crop" won't cut it (excuse the pun). Any suggestions for freebie software that will let me do this? Thanks, Aimy

Hi guys, I'm just soliciting your opinions here. Background: I have lots of experience now in buying dumpy properties in need of a reno - nothing too major, but decks, stairs, new kitchens, new bathrooms, paint jobs etc are all fine. I don't really do extra bedrooms etc - so nothing...

Hi, I went to a seminar on Sunday afternoon where John Edwards from Residex spoke for 30 mins or so. I thought I'd post my notes from what he said here in case anybody was interested. These are my scribbled notes and I hope I do John justice E&OE. At the end of a property cycle low-end...

Court ruling forces overhaul of low-doc lending The Australian Financial Review A judge in New South Wales (NSW) has made a key ruling on a loan that sent shivers through the market. The NSW Court of Appeal found that a loan made to a pensioner and his wife should be revoked, because...

Hi guys, Just a quick question. My father passed away a couple of weeks ago leaving my mother with apparently (according to Centrelink) too much to now qualify for the part pension they were getting as a couple. Mum is 70 yrs old. They were pretty much self-funded retirees. Does anyone...

Hi guys, Here is my dilema and I am hoping some of you might be able to offer me a guide. I have 5 IPs now (all of them houses with granny flats - so 2 lots of rental income from each) and have reached the limit of both serviceability and coming up with more deposit money for further...

HI guys, I have read all the threads. Just one question: Has anybody ever painted bathroom or laundry floor tiles with this stuff. I know it is not recommended but a small flat of mine has some issues with multi-sized and multi-coloured floor tiles that could "go away" with some tile paint -...

CGT on PPOR My apologies for )probably) the same Q's that must have been asked before. Can you please answer these questions? Scenario: You live in your own home (PPOR), renovate it and sell it (at a profit) and use the funds to purchase another home and you now go and live in that...

Hi guys, Thought the following might be useful perhaps for those negotiating on deceased estates. I was assisting friends buy their first IP and although nervous at doing it, insisted on doing it themselves (which I respect) while I was available for coaching purposes on the other end of a...