AU 
shapeJan 25, 2011 3:36 pm shapeJan 25, 2011 4:24 pm Partially completed house? - Value?Hiya,
The story so far?
-Renovating and extending a house.
-Got it to lock up ourselves. Financed it with approx $50K of our own money
-We… shape replied 26 January 2011 ago shapeJan 26, 2011 12:52 am blank Funny but true story - my (sometimes daft) parents are in process of buying another home. They search everywhere for the CT for their existing… kek replied 29 January 2011 ago Relocation Construction Loan or wait to sell?DH and I bought a 5 acre block last may with the goal of selling our house to enable us to build our dream home. We havent felt the time is right to sell and would like to… JuJuB started a topic 8 February 2011 ago JuJuBFeb 08, 2011 8:29 pm JuJuBFeb 08, 2011 9:10 pm ING Constuction/Mortgage Simplifier loanHi,
I normally dont suggest ING for construction ( because of the rate)
There are plenty that offer lower rates for construction - Westpac (7.16% - after construction… shape replied 9 February 2011 ago shapeFeb 09, 2011 8:07 pm SMSF for Investment Property
he poster didn't mention where they were going to buy so how do you know it's the top of the market? They only said where they live. and BTW… Bank valuationsDo the banks usually do a valuation of your house once it has been completed?
I just finshed building my new house and the bank has sent me the… shape replied 13 February 2011 ago shapeFeb 13, 2011 1:17 pm creative lendingIn terms of borrowing, your situation is not bad; so don't be too negative about it 
If your happy to go with a small bank ( ie Citibank, ING...) then this is something… shape replied 13 February 2011 ago shapeFeb 13, 2011 2:26 pm 3yr Special Economiser with Comm BankOhh yeah, they have the same loan with lower int rates. There are a few differences, but eventually I ll be saving $300 if I can successfully switch over to NAB from this… Land Tax Penalty - Advice please!!Definetly not stamp duty, paid that as well.
We are paying the developers land tax for the year 2011, he was the owner still on 31/12/2012 howver as we missed settlement… Domizm replied 15 February 2011 ago Finances for Co Owner build?Also note BrendanF - Owners build can run into a lot of trouble in terms of finance and budget....highly not suggested unless you need to. shape replied 17 February 2011 ago shapeFeb 17, 2011 6:17 pm buying a land... and build soon...Welcome kornjen,
applying for consutruction loan:
1. Speak to a mortgage broker or the bank to work out how much you can borrow/ service
2. Find the land you like- make… shape replied 21 February 2011 ago shapeFeb 21, 2011 2:25 pm Finance for build?Thanks Arabella, I'm definatley going to have a chat to one some day. I just like to have a bit of knowledge before talking to the "pros" so I don't get taken for a ride! shapeFeb 21, 2011 8:42 pm Converting home loan -- 90% to 85%Thanks lunchtime. yeah i guess thats the best option, especially when I dont exactly know what the site cost would be, land settles in mid april, maybe would need to use… Home Loan Deposit & LMIYeah because the valuation on the investment came back less(which made the re-financing and depost percentages change) and the LMI people didn't wan't to give the… mak_ replied 24 February 2011 ago Regarding unconditional approvalWelcome Ravi,
What do you mean by "indian component?"
But either way, the LMI provider does not accept every "pay type" - ie Maternity pay ( only 50% considered)
But… shape replied 27 February 2011 ago shapeFeb 27, 2011 9:14 pm Tax on an investment propertyHi Murphy11,
Also with regards to the Depreciation, you don't just depreciate the building. Get a real Quantity Surveyor in there to do a "depreciation schedule". They… Eskay40 replied 28 February 2011 ago mortgage housenot sure as yet.... we saw graham to discuss our options... he was very very helpful. We have to save our deposit and when we have nearly done that, we can call him… Siwtching lines of credit.None so blind as will not see.
None so deaf as will not hear.
Jeremiah 5:21 (paraphrase)
Some things never change 
As I have stated several times on this forum, I… Helyn replied 1 March 2011 ago HelynMar 01, 2011 7:57 am Building Valuation has come back lessThanks guys for your posts- sorry its taken me soo long to reply.
Our situation stands as this, we're still $20,000 short. But since CBA are now offering 95% LVR, we… zeena replied 2 March 2011 ago zeenaMar 02, 2011 7:57 am shapeMar 02, 2011 8:41 am Do we stand a chance?Yes advantage is slightly different, NAB has 2 co-brands they sell under.
Similar to Qantas having Jetstar- different target audience.
Regards
Michael shape replied 3 March 2011 ago shapeMar 03, 2011 11:41 am NAB Advertising TechniqueI know this is 2 weeks old now - but REALLY!? This is a just markting tool it changes nothing - a survey of customers showed bank customers were the most loyal to a brand… Tiling and painting affecting loanThanks dragonflychic and crawley. I will definitely be talking to the bank manager and perhaps to another bank! Unfortunately I did find the… Rizzo replied 9 March 2011 ago RizzoMar 09, 2011 9:29 am Anyone used private investors?Well with the new laws that banks have to abide by, I have no chance of getting a loan. I am now doing a 2yr Traineeship with Telstra with a stay at home partner who is… aza0 replied 15 March 2011 ago Recommend a broker - Frankston areaThanks, I will give her a call later. I know we won't have any trouble getting a loan, just want to try and get a better deal.
Thanks again! Izzehz replied 17 March 2011 ago Super RateThanks, revive your email- my team will work on the file tomorrow.
Regards
Michael. shape replied 20 March 2011 ago shapeMar 20, 2011 7:25 pm getting a homeloanwakeboardandy - IF you look at your CR file, it sometimes states the amount your cc was initially applied for " Dec 2010 | HSBC | unsecured CC | amount $10,000 " - as… shape replied 30 March 2011 ago shapeMar 30, 2011 9:29 am investmentWe had similar equity in our home and decided to build a new home whilst keeping the old one to rent out - we figured if we ever wanted an investment property we would… Debt Consolidation via Home loan TopupHi jb_money,
Thanks for your great insight. Refinancing is an option if Bankwest doesnt want to topup the loan as it doesnt make sense for me to pay high rate personal… Capital gains tax
What if it was built 8 years ago? Will they still expect to see the receipts? Yellow Brick RoadIf you get Mark Borris as your broker then you know your in safe hands ahahh
Our firm have dealt with them once before for a major commercial deal, i find them to be… shape replied 4 April 2011 ago shapeApr 04, 2011 12:28 am Offset vs Redraw
offset accounts are nice, higher interest on your money than theyd normally get (savings vs mortgage rates), offset account interest is no longer taxable (it being offset… rhom replied 11 April 2011 ago rhomApr 11, 2011 12:16 pm Mortgage BrokersI know this is an old thread but wanted to share my experience with a broker.
We live in the Lake Macquarie/Central Coast NSW area.
We have land and a construction loan… CGT QuestionsTrue, Maybe shoot them an email? im not sure if ATO responses to email or not tho....
Regards
Michael shape replied 19 April 2011 ago shapeApr 19, 2011 11:43 am salary sacrificesalary sacrifice = A portion of your pays goes straight into your mortgage repayment before it get's taxed.
Hence reducing your taxable income and… Crow replied 19 April 2011 ago building new home insurance..Hi TC Welcome
We r just like you so many ????
Our builder provided a copy of a BSA Certificate of Insurance to the value of the contract along with a copy of Policy… shapeMay 06, 2011 4:12 pm
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