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We've been looking for a place to rent over the last few weeks, and my opinion on most PM's I've come across isn't very high! Not sure If I'm being unrealistic, or if most are just slack :eek: Take this exchange today for example. My email to them: Hello xxxxxx & yyyyy, As...

Ended up terminating the contract for the property discussed in this thread: http://somersoft.com/forums/showthread.php?t=78219 We wanted to make variations to the contract in order to proceed, but didn't get agreement from the vendors prior to the end of the cooling off period. However...

Recently got a contract on a property in Brisbane, that has a Drainage Easement on it. Wanted to check this out further so now have a copy of the Transfer of Easement. Wow, I see that it allows the property owner to grow grass and tend it carefully :) whilst the council can do whatever they...

We've recently put a contract on a home. Home finance cost calculators on 3 of the big banks websites state LMI costs between $2630 and $4410. This is for an 85% lend. How accurate are these website calculators? My broker has indicated the cheapest LMI would be $5,200 (from the same bank that...

What are finance approval times like at the moment? Talking a straight PPOR purchase, fairly simple finances, 80 or 85% LVR, and loan size not a stretch. Is 14 days sufficient, or should it be more? Settlement timeframe? Yes, I have a broker, from this forum, and he should be able to answer...

I'm keen on a house in Bris, for which the agent is handing out 'expression of interest' forms. It is a one pager, wanting details on offer price, conditions, finance, building etc - all the stuff that in QLD we'd normally put into the contract itself as an offer. Haven't come across this in...

Are credit files maintained by these two companies identical? If I want to check my personal credit file, is their an advantage in using one company or the other (aside from slight difference in fees)? Finally, do brokers have free/cheap access to these files?

I'm looking at buying a house in Logan City (suburb: Rochedale South) that has old and dodgey extensions to the front and rear (they might be old enclosed veranda's). The rear one in particular has low roof height and has some rot etc in it. They could simply remain as enclosed veranda's, except...

We've been renting the last 8 months (QLD), and have just finished a fixed lease and moved to periodic (by default). Looking at buying a PPOR, so didn't want to sign another fixed term and advised the agent as such. The owner wants us to sign up again for their 'financial security'. Today we...

The first full-employment recession by Alan Kohler http://www.businessspectator.com.au/bs.nsf/Article/The-first-full-employment-recession-H6SB5?OpenDocument&src=kgb In just one week, money markets have gone from pricing in a rate increase to a 70 per cent chance of a cut in September. It...

What determines prices? It's a common phrase - supply and demand determines prices - but I'm thinking it isn't quite accurate (at least in the short term). If two parties are negotiating price for the sale of a property, what determines the outcome - what each side think prices are going...

http://www.abc.net.au/news/stories/2008/07/02/2292583.htm?section=justin The federal and state governments have agreed to a new system to settle property transactions, which they say will save homebuyers hundreds of dollars. Under the changes, all conveyancing transactions will be settled...

Brisbane house prices too high: REIQ http://www.abc.net.au/news/stories/2008/03/17/2191489.htm?section=justin What do you reckon - the REIQ just trying to ensure the customers are accepting offers (so the commission flows continue....)?

I've just been reading http://www.somersoft.com/forums/showthread.php?t=26532& which made me realise something.... I've just withdrawn some cash from my share margin loan account, and put it into a options brokerage account. Prior to this cash from share margin loan account has been 100% for...