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No that's fine lawsjs, it was bit of both. I guess I was summarising what I understood and was checking if I was on target or way off base. But thanks anyway. :)

Thanks Perp, that's just the kind of info I was looking for (much appreciated)!! Keep it up, I enjoy hearing about your journey, and hopefully one day soon, look forward to you reporting a win on your USA investment mission! :)

Someone please correct me if I'm wrong, but my take on all of this buy USA: 1. Don't listen to ANYONE in particular buyer's agents (they're all sharks) 2. Do your own homework and then... 3. Book your flights, accommodation in your chosen area of interest 4. Walk (or drive) through the...

Interesting you should say that because getting a loan over in the US is far more difficult that getting one here. In fact you have to produce all sorts of paperwork to your lenders with full disclosure of your credit history something that is a far cry from the information you need to provide...

I must admit I haven't read all of Perp's posts, so like you, would be interested to learn. What "little" I do know of borrowing to buy in the USA is that lenders do require you to pay at least 18 months PITI (Principal, Interest, Taxes and Insurance). Lenders use PITI to calculate your...

Oh but back to the topic of buying in the US. Why not?? :confused: So long as you do your homework, make sure you get expert advice from professional lawyers, lenders and accountants who are up-to-date with the do's and don'ts, then why not??? As a nation, I think (we) Australians are way...

Oh come on OA, if that's your only gripe, a bit of groping (at airports) you've hardly got a case to grizzle, I mean it takes but a few seconds and besides if you stand there long enough who knows, you may even enjoy it??!!:D