Currently we are looking to purchase a place for a PPoR that has been vacant for ~7 years and is about to come on the market, not listed yet so trying to get in an offer quick. Currently the bank would probably view this property as non habitable (even though possums seem to think it is fine). The purchase price, assuming our offer was accepted, would represent land value only.
What considerations do I need to think about?
For reference
Price ~$550k
LVR 85-90% ideally, or would we need to go to sub 80%?
What considerations do I need to think about?
For reference
Price ~$550k
LVR 85-90% ideally, or would we need to go to sub 80%?