NSW
Home financeyou were just referred to get advice from your solicitor. This is a legal matter.
Separately, why would you use a buyers agent for a house and land package? Knock-down Rebuild Finance
Thanks Rebecca, it's interesting that some banks are keen and others aren't. We will ask around for a local broker, although had a slightly negative experience with one… Land valuationI think it's a nice place have couple of friends who did that great move on getting a land there. Stamp Duty QuestionIf you qualify for FHOG then yes you should get your bank to apply for the FHO rate of duty for you. Do it as soon as you can as it takes them a while. If you’ve already… Building a house with a MortgageIf you are comfortable with the repayments holding both properties for that temporary period, then it can be a worthwhile exercise.
What are some of your concerns you… plc replied 20 October 2019 ago Worried about Land Valuationthat is the land I was planed to buy last year, I did some research, since the north west link will extend through Marsden park to new airport, I… Building with New Living Homes
First of all, You note down your requirements and then contact with builder. They tell you many suggestions and explain all the things according to your requirements. dreaming?Before you look for mortage broker, you should consider these:
First, talk with someone who have already done this and gain some tips from them.
Second, discuss this… michae replied 13 October 2017 ago Henley home, partially built- not AdviceHi Anjan,
Bec mentions a partially built home? Was it started by one builder and now you are looking at another to finish it off with a different one?
Anyhow, she is… plc replied 3 July 2017 ago Bank Valuation QuestionsYes get quotes, these can be done from the plans & is quite normal and no lenders don't tie you to them.
Alternatively you can have the builder include them in the… Huffle - Groupon for MortgagesNO NO NO RUN AWAY
In short they are lending similiar to RAMS 1.0 did (before Westpac took over in NAME ONLY) from their website info.
Nice in a positive disconnect… Recommend a good broker in SydneyMy kids used Alliance Credit on the pier opposite "The Star" casino in Sydney, but they have an office at baulkham hills too.
Alliancecredit.com.au
They were able to help… Valuation being more then build costSometimes valuations are a bit like astrology. But as long as the property has gone up since you put a deposit on in, and assuming you qualified for a loan then, you… Pay LMI or save up some more?
Yes there would be no LMI on the land loan. Then some or none on your construction loan depending on if you save 20% of the build cost by the time you want to build. … bank replied 20 June 2016 ago bankJun 20, 2016 10:33 am Loan approval prior to land registrationYeah we would be classed as no 3 in your scenario naritas..sort of. We went direct to the lender so no broker in the middle (don't like them) and have an off the shelf… Borrowing after construction is completedIf your builder doesn't want to do it, but your bank allows third party quotes, get them done for the fencing, etc and include them along with your building contract to… plc replied 28 January 2016 ago Employment history and loan application
It all depends on what the mitigating circumstances are. If you are moving within the same industry and you have moved to a higher paying role, even with probation it… plc replied 28 January 2016 ago Can we choose how much to borrow?Yep 80% of the land then you can borrow 80% of the build as a construction loan when that starts. I can give you a great broker n Toukley if that helps. Bank Cheque question (OR BEARER)In all but extraordinary cases a bank cheque can only be cancelled by taking it back to the bank - the only exception being where it is lost, and there is a process behind… Increasing Borrowing PowerVery good reads. Extremely informative. Thanks for that Bec.
I hope moving from the car loan onto the new personal loan doesn't affect my prospects too much. But I think… sprakk replied 19 March 2015 ago Query about land and construction loanHi Mansawant - they do a valuation on the complete package - what the finished house on the land is worth. If you have equity in the land and a large deposit for the build… Reasonable Conveyancer Pricing & Practise?I paid $990 (each) to sell a house and buy a block of land in the middle of 2013 (in NW Sydney). Around $1000 was fairly common in NW Sydney at the time.
I would have no… Matt1 replied 9 February 2015 ago Matt1Feb 09, 2015 7:26 pm Credit Report - Consumer Credit EnquiriesThanks so much for your replies! I only have 2 inquiries for last year (none in the last 6 months) and none for this year so sounds like I should be okay. I wonder why my… Getting loan while pregnantWell, my thought on that is it's not impossible she was right, it's also not impossible she was wrong, bank staff are under a lot of… CUA construction loanGlad to know you had a great broker and got there - that I LOVE to hear, it's why I love my job!
FIFO is tough, you do it for a reason, shouldn't be the reason you aren't apprved. Help, what would you do??Wanted to cover all bases! Would love to avoid renting if we could, but do accept it may be the way things have to be.. Bank val for construction loansI absolutely understand!
There's only one way to find out - get your broker to order a valuation and see what you're working with.
There are lenders who will consider up… MortgagehouseAhhh, how big is the footprint? Get the builder to lay your plans on there so you get the aspect. Need room for a swing set or a trampoline!
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