Buying Property – When You Need to Prove Your Identity
Depending on the State/Territory in which you are buying property, verifying your identity can be a crucial step in finalising your property purchase. If it’s not done promptly, it can delay the process. Some States have recently introduced new identify verification rules or updated the current ones already in place. So what does this mean […]
Some Developers Are Stinging Off-the-Plan Buyers
Dozens of buyers from the Castle Hill Development Mountain Vista Estate have been stung with tens of thousands of dollars in extra charges. Many purchased the properties two years ago by paying a 10% deposit and have been waiting for the works to be completed. Delays in engineering works have meant that the subdivision works […]
What fees will your bank deduct from your housing loan?
When you get your loan approved by your bank or finance company, you are feeling happy that you can make an offer on the property you want to buy. You put in your offer, have it accepted and then the Contracts are exchanged or become unconditional. As you move through the home purchase process, you […]
Buying property using your SMSF
Have you ever wondered about buying a residential property through your SMSF, but aren’t quite sure how to go about it? Changes to super legislation in 2007 enabled SMSFs to borrow money to purchase property. This has resulted in a substantial increase in property being purchased through SMSFs. Buying through your SMSF can provide tax […]