@stevensmith9 You could be right but as that famous judge said just because I choose to eat wagyu and champagne everyday, doesn’t mean I’m not able to make adjustments so I can pay my mortgage
You could be right but as that famous judge said just because I choose to eat wagyu and champagne everyday, doesn’t mean I’m not able to make adjustments so I can pay my mortgage
@bulfrek Nope. Back to wagyu and champagne because saving for the deposit was the biggest hurdle. I can comfortably make the repayments with one job and even have some left for investment.
@eric1020 I had enough documentation for all of the banks and my expenses were under the HEM. However, i also had to be travelling home for my mum’s memorial which meant spending a lot of money just before settlement, so it was great that the broker could let me know all my options.
@shaynaleab Asbestos only got fully banned in Australia in the early 2000s I believe so you would have had to bought fairly new to avoid it.
It's still making it's way into the country in large quantities today as a lot of gyprock we buy here comes from china + it's still legal there. Recently FDC did a test on some gyprock sheeting and found that all their orders had asbestos present so it all had to be destroyed. Although not the same kettle of fish as having a purely asbestos ceiling or something, it's still worth remembering that it can be present almost anywhere and wearing a good particle filter mask ($80 from Sydney tools) can make a lot of difference if doing any diy jobs round the house.
I would only add that whatever mortgage you secure is only for a year or so and then you can jump ship to the best offer on the market, as long as you make your payments and add a bit extra here and there.
Loyalty to your loan provider is punished harshly, so you need to get out there and advocate for yourself
@shaynaleab $1300 for someone to bid for you seems wild to me; you just go in knowing your price limit for the property and bid until you hit your limit or you win the auction
We had a buyers agent and essentially won the auction for $20k less than we expected so we considered it a huge saving.
We had been attending auctions for 2 years at this point and lost miserably. Maybe it was pot luck that we won the first auction the agent attended for us on... I personally think it intimidated other bidders having something so frivolous a fancy looking man bidding for us, in person.
He also walked the street beforehand and spoke with other bidders and agents (I think some people assumed he was a REA) so he got a decent feel of things.