Search results

Hi Guys, I notice that the stamp duty for and "investment" property is thousands of dollars above that of a "live in" property (I'm looking in qld). My question is what sort of check is performed on this. ie. What's to stop me as an investor saying that it is live in and paying a lower stamp...

A quickie. Friend purchased a property , 90 day settlement. Was told the vendor would accept cash bond as deposit. Vendor then decided they wanted longer settlement due them building a new house that wouldn't be ready till october, asked my friend for a longer settlement to allow this. My friend...

Could somebody please spread some light on the requirements for genuine savings. Does the money have to have been regularly contributed into a seperate account? Should this account only have those "genuine savings" in it? Basically I've been putting some money aside which wasn't necessarily...

Hi guys, haven't really been through one of these rate cutting cycles before so thought I'd rack your more, "experienced" brains :p I recently went on to my providers website to check out their fixed rates (wizard)... low and behold "fixed rates are not currently available". Started to take a...

Bit confused, got a couple of quotes for some tiling I need done around here and am trying to work out if they are reasonable or not. Have to say I never realised tiling is so expensive, might be a trade worth learning! The dimensions are approximately 2.5meters in the kitchen, and bathroom...

Just reading through all the threads and trying to work out what to do. Was originally going to get bathroomwerx to do it, but reading here it sounds like painting your own tiles may be the way to go. Has anyone used bathroomwerx? How were they cost wise?

Hi guys. A quick one, I've found a little cabin at a place that also hires them out, with on site management etc. The advertisement reads "mix business with pleasure", referring to you being able to use it both as an investment property and then for personal use when not being rented out. Are...

Apparently the pipes under the building (or under the car parks that belong to the building) where I have my flat have some kind of leak which has been causing excess moisture in the soil. As a result there have been movements in the building, causing cracking etc. The other day I received a...

Pretty self explanatory really. Theoretically could I keep buying for an eternity? I'm guessing that at some stage they still have to look at your wage/servicability given that properties could become vacant? Come somebody shed some light on this for me pls :)

Could anybody shed some light on what happens with LMI when you set up a LOC on an existing loan. Do I pay a pro-rata (if that's the right term) amount of LMI on the new amount of credit for the LOC, or do they re-assess it on the whole amount (as it assesed as being a new loan or something like...

Hi Guys, Currently living in my PPOR (to state the obvious!) but expect to be moving away soon so this place will convert to an IP. I have a query regarding some repairs that need to be carried out. ie. The toilet needs replacing, shower screen is broken etc. nothing too major. I was wondering...