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  1. Redwood

    Smsf

    RR, it depends. Every lender will have a legal review of the deeds and mortgage docs, NAB has in house lawyers whereas others such as BOM, Westpac, ST G use a panel if not Gadens. If Gadens is involved its $1500 plus, be they do the right thing. After all they are 'gatekeepers'. But who is...
  2. Redwood

    Smsf

    RR, I believe we corresponded earlier in relation to your custody bare trusts. The $1000 plus a 6% rate must hurt! Our clients are now on a 5.41% product is delivers great value over the team with good lawyers from Redwood and the lenders side - everyone knows their role without 'checklist'...
  3. Redwood

    Smsf

    Mini? Cheers, Ivan
  4. Redwood

    Smsf

    Thanks Rolf and I agree its a must to obtain a valuation at purchase date- particularly SMSF where if the independent valuer says a property is worth $300k and you bought it for $350k then you need to cover that shortfall from your super balance (yes!) and many of these investors don't have the...
  5. Redwood

    Smsf

    Terry (and Perp re your question), unfortunately I see this everyday, unfortunately i'm emotional and get involved to protect best interests where clients have received poor advice from unlicensed professional. Brokers (generally) should not be recommending property in a SMSF as this is a...
  6. Redwood

    Smsf

    Best interest is topical - refer Cwth Financial Planning - Its a huge issue at the moment - particularly QLD property. For example, there is a local planner here in Melb paying for flights up to sunny QLD with a free lunch - promoted openly. In one day 33 people went (some were couples) and...
  7. Redwood

    Smsf

    Hi TJ When it comes to SMSF - it is about Strategy and there is no difference in your case. SMSF are not for everyone but for the educated investor with the right advice can be a fantatic vehicle to secure retirement and reduce tax. Coming up to 30 June - you will find a heap of people using the...
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