finance

Hello all, I don't normally post anything like this, however as I know many people on this forum would find an event like this useful I thought I would pass the details on. If this is considered spam even for the coffee lounge, admins please take it down and accept my apologies. TIBCO...

Hi, I am a new investor. I bought my first unit at 127k, with a loan of 112k currently remaining. The unit is valued at 187k. I am new to investing but constantly read magazines, articles and i research everything. I am new to certain terminology however i am gaining some idea by...

Hi Everyone, I went to see my new mortgage broker yesterday (Mr Ed for anyone's who interested) and he mentioned that he wouldn't be surprised if in a year or so the banks ended offering 90-95% IP loans and went to the NZ standard of maximum lending of 80% for IP purposes (sorry if I've...

Hi I am wondering if anyone has experience with getting finance for building transportable homes and whats involved? What is the LVR? I have heard that you cant get regular finance for this as the transportable home is built offsite in a factory and because of this there is no value added...

Hi all My post is on a similar topic to one yesterday, but I didn't want to hijack the thread. I am a first time investor. I have just made a purchase of $330k and I need to decide on my loan details. This is my very first property, i.e. I do not own a PPOR. I am undecided about how much...

Hello Folks! Do you enjoy chatting about property? Are you wanting to swap insights with others about builders, finance options, and DA challenges? Want to be able to get a heads-up on good/bad tradies etc? I certainly do. Let's get together to discuss property mischief and projects...

Hi In my offer and acceptance contract the finance clause states that the amount of the loan from ANZ will be $205 K. It was a standard REIWA "finance applicable clause" What happens if ANZ only decide to lend me $199 K? If ANZ dont lend me the $205 K as stated in the contract am...

I currently have a LOC on the mortgage for PPOR which is turning into a IP (dont you love the all the acronyms), do i need to refinance to make it a IO offset account for easy management? or can i continue to use the LOC? From what i researched the offset account is the way to go, but if i...

Scenario: - OTP property due for completion & settlement mid-June - 10% deposit paid - Partner & I entered contract both employed with significant income to service loan - I have since lost my job and partner's income insufficient to service loan as owner-occupier - However, partner's...

Better Investing Group Meeting 31st March, 2009 Guest Speakers Elias Serrano Nick Cook Hello everyone! This month is a First Home Owner Grant information night and we have two speakers Elias Serrano, a Senior Client Education Officer with the Office of State Revenue who will...

Hello, I have an I&P home loan with CBA,I have regular income, do I need to set up offset account? Does Commonwealth Bank provide offset account? Thanks