Nibbles55Pursuing damages for buyers terminating unconditional contra
13 April 2014
Would you mind explaining why the agent is entitled to 50% of the deposit when the sale has fallen through? In NSW the commission does not get paid till settlement. I…
shapeLand, tender, finance - which order to do them in?
23 March 2014
Hi, Maybe a dumb question but we've got to start somewhere! We found a block and a design we like, but in order to finance the block &…
shapePaying rent affecting borrowing capacity to build? WTF
20 February 2014
Hi ppl, Currently have a land mortgage with one of the big 4, have just attempted to apply for construction loan and they inform me that because…
AussieMarkWhen does an investment property become a primary residence?
14 February 2014
I think it comes down to whether it is classed as a capital improvement. It is along time back since I had read the case law but I recall the test case was a dance studio…
natlynChanging Job during home loan application
3 February 2014
Thanks for the responses. He has been in the IT industry for 10 years just working for different companies. He will now be working within IT still (same sort of position)…
MarmaladeLetter of Commencement, additional funds proof
22 January 2014
BE, as always, has good advice. Pays to take a week to fully understand your contract, don't rush things and ask plenty of questions. If in doubt seek professional…
SalsabyConditional to Formal Approval - Keystart
20 January 2014
Unfortunately we lost our block today to another buyer so we are back to square one.... just days from getting formal finance. All valuations checks etc had been done…
KGsGirlDo holding deposits form part of your overall Deposit?
17 January 2014
Our tender fees etc counted as part of our 5% deposit!
WesternFrontOur mortgage is brand new - and we should've asked for more
2 December 2013
A quick update just in case anyone in the same predicament reads through this thread later - we approached the bank again (via our mortgage broker) and they were more than…
plcStamp duty payable and FHOG applicable in Victoria
1 December 2013
My understanding is that the $750,000 limit is based on the construction cost only (fixed price building contract) when you purchase land separately to building. The land…
p0msd0wnunderMinimum levels of fit out - Bankwest construction loan
11 November 2013
MyH1LoginDifferent house price in final building contract
2 October 2013
Well I'm glad you were able to lower the 10K down! On my estimate it says the price is valid for a site start prior to next year. I hope this means if site begins before…
MrsGLoan for things outside builders contract
26 September 2013
Hi all, Not sure if anyone is still looking for information on this but we have recently met with our current bank, ANZ, and we have been told that when building a new…
jb_moneyLand then construction loan VS LAND/CONSTRUCTION Loan
2 September 2013
It really depends on your situation as to which is the best choice. If you do not have plans / council approval / building contract etc then you pretty much have no…
joh040What are the chances... Land Loan Equity???
28 August 2013
Interesting JB, think I'll scrape together another $5k then purchase a block. This way i can get the ball rolling, throw a deposit at the builders, choose a plan & site…
jb_moneyGoing on holiday at same time as purchasing property?
21 August 2013
It really isn't a good idea to travel while buying a house, particularly for such a long time. However if you must... then try to do the…