rakshu_n_ranchLand evaluation in Highbrook Precint, Gateway Estate
20 November 2017
Hi, I picked up a stage 15 lot at this estate. What has the bank evaluation been on lots around this estate? Has there been huge shortfalls or has the land value…
dream2017Is booking a land and on-sale later a good strategy?
12 November 2017
Hi Sorry, was out of touch a bit and late in response. Yeah you are right. It would be a bit of gambling on the return, I agree. Thanks for the input. It helped.
becjarrettdaltonConstruction Loan for off-grid house
12 October 2017
So the technical response is 2wd access... up to the valuer to determine that. Again, if the sewer system is in the contract and meets code it should be fine - that in…
plcFinance - External Broker vs. In-house Broker?
24 July 2017
Yep msalmank, have to agree with Bec. Go with whoever you feel comfortable with. Having everything done in house might seem easier, however you need to realise that there…
wongbruceFinancing additional items after handover...
12 July 2017
Usually once the house is built so long as the value of the property has increased you should be able to top up your loan. Ensure you don't exceed the 80% lending ratio or…
plcTime Frame of when to apply for construction loan?
10 July 2017
There are some lenders that will allow you to construct your property and drawdown a loan up to a year after land settlement. So if you have all the drawings, contracts,…
preeethHome loan interest rate bottomed out in Australia?
7 June 2017
Thanks Tej, Tom and Bec...your inputs have created good awareness on fixing rate, with this I will be able to assess my situation and make wise decision on interest rates 😄
becjarrettdaltonHouse and Land Package Finance - Nervous First Home Buyers
5 June 2017
HI Caydenn, I haven't run the numbers on affordability as thats a much bigger conversation. Your broker has the full story so I would trust them. As mentioned above, the…
becjarrettdalton10% deposit & clear debts VS 17% deposit with debts for land
5 May 2017
It actually comes back to income & timing for your build & what you might need to hold back for finishing items on the home (landscaping etc) - yes it won't affect LMI…
becjarrettdaltonWestpac Home Loan - Draw Down process
2 April 2017
Definitely sign the invoice (when you're satisfied the work is done) and write "please pay" or something like that, add the form Westpac sent you in the beginning for that…
kirirayHome Valuation Trouble - New Construction
16 March 2017
That's great news! Shame about the savings but once your place is built and you're in you can scrimp and save for a bit to catch up. We're using an architect and it's…
becjarrettdaltonRefinance or stick with existing bank - reno advice?
12 March 2017
The question comes down to two points - serviceability, can you afford the loan - and that's a huge conversation And secondly, does the loan still suit you. From that…
vincent.ausahiCan visa 457 borrow up to 95% of the property prices?
8 March 2017
Hi can you tell how much your total income at that time ? So you borrow up to 90%? Any other requirements?
RegVicUsing Land as a 'deposit' on building loan?
13 February 2017
Hi Firstbuild, Just from my experience... you can use the land (just the $ you contributed) as the deposit... There is a waiting period... in my case, the land value was…
aloenyxInterest Only payments during construction: Why?
4 February 2017
I was recommended interest only during the building phase.. and made sense as I need every penny to pay rent and after build costs. Once my final construction payment is…