Please see my post under General Discussion - Valuation Problem
Finance options for renovations
Hi if you are using a builder you will need to organise a fixed price contract, the lender may do a valuation on the end product which will give you an instant increase in equity.
Can first home buyer give it on rent?
Hi as the rules and regulations very from 1 state to the next you really need to enquire from the office of state revenue from the state as to where you live. From the…
First Home Buyer Q & A
1. MAKE SURE IT HASN'T GOT TERMITES!
2. MAKE SURE THE PLUMBING WORKS.
3. MAKE SURE THE AIR CON. / HEATING WORKS.
tHESE ARE JUST A FEW TRAPS i'VE…
Maybe if we start the build off using our cash then ask for a reno loan instead....do you think that would work…
Investment Strategy - Is this workable?
One trick in this strategy is to not get greedy with your rent!!!
I suggest you price the rent at or slightly below the market value and be very dilligent with your…
My 2 cents worth.
I would strongly recommend you contact an independant broker, get them to come over and go thoru your situation. Talk to them about your plans, income…
Section 27 help!!!
I'm really hoping someone might be able to help me with this one! sorry, this is a long & detailed story!
We sold our house in mid June. The section 27 was signed by…
They Stole My House
I subscribe to a few realestate newsletters and here is one that I was never aware of.
Real Estate Fraud.
Cars are stolen, bikes are stolen, money is…
How high will interest rates go?
Well if they keep increasing it at only .25% every 3 months then it is going to take a year just for a 1 percent rise.
Back in the 90's they had one rate increase of…
Dec 14, 2007 4:22 pm
Home loan question
Hi Belinda, these items would have to be included in your fixed price quote when you get your full approval for the construction. If you took a personal loan for them you…
You're making your mortgage work for you! So that's a good thing!
this is ridiculous
I am in no doubt that my re-application will be approved as we are only borrowing part of construction value, land is fully paid for, rest is our own money, which is the…
Apr 02, 2008 10:32 pm
Well, I'm experiencing delays with the credit union sorting out my loan, see my thread in here, STILL waiting for them to get back to me or their evaluator to approve the…
Apr 08, 2008 10:01 pm
Interest rates above 10%?
So is the traditional theory that "property prices double in value every 7-10 years" now also out the…
Apr 12, 2008 6:07 pm
Owner occuppied or investment?
Of course you live in it...
Tax rulings allow you to take in Borders (Not renters) and you dont need to declare their income.
You wont pay Capital gains tax…
Apr 22, 2008 10:17 pm
proving value of land??
For a residential valuation I typically pay $450. For commercial vals its horses for courses. The last one cost $2,200 for a projected 29 lot subdivision.