Recent content by magpie season

Yeah Peter not sure what is illegal .( doubt she really knew herself) Just struck me the staff was totally unconcerned that following her advice would obviously cost many thousands on a 30 year loan.

When i told the dragon call staff i was leaving because the interest only offset they were offering was faulty. ( even the local branch lender guy said my IP loans are not being offset) The staff said. True we did change policy regarding i/o offset accounts But i think you'll find all other...

Thanks for your answers, really unaware bluffing may be required to get gardens back to auction day standard. Settlement has been delayed 2 days to allow vendor to remove oil drum and tidy up gardens. Inside was also alot of rubbish , old sofas cupboards etc. One key was provided that...

Hi I did run this issue past my conveyancer a couple of weeks ago when it became obvious no one was maintaining the property. Basically she said not much can be done until its presented on final inspection .

Hi , Final inspection tomorrow (afternoon settlement) and the gardens are a mess. On auction day (nsw) lawns and garden very neat . Thats not so bad i guess, but whats bothering me is a large (44 gallon) drum that seems to be full of used oil sitting near the garage. Surely i cant be...

Hi Rolf & Jamie Before this happened we were looking to buy a property pre auction. As you know in nsw no finance clause or cooling off and 5 or 10% deposit required to cancel auction. Seems from what your saying it should be ok. Btw jamie that finger ( with hundreds of nerve endings)...

Hi pinkboy , from memory your a serious cyclist , from what im reading they get plenty of dislocated shoulders.Have you had this injury ? Sure does hurt , especially waiting at beach for an ambulance with top of arm bone about an inch separated from socket. The awesome lifegaurds(elloura...

Hi imbi3 The pre approval is about 1 month old. Feel pretty unlucky ( and sore) . The kids quite like it though, ive been working 2 jobs for ages , pretty much absent from home.

Hi last weekend i was teaching my kids to body board at the beach and dislocated my shoulder . I could be laid up between 6 weeks to x months depending ( specialist still on holidays appointment next week). Fortunately i have 20 weeks sick leave and about 3 months long service if required...

Double post

Stumbled upon this thread when searching( interest only loans with offset) . Doesn't fit my scenario exactly but it deserves to be bumped for gold like this " loans arnt like fidges" from rolf. Like the op I've been diy brokering for the fun but was floored today by dragon branch guy (btw who...

Thanks Chris, Yes i should leave the redraw in place , perhaps use it for investment purposes later. If i did need to use the redraw money for ppor how does the non deductable interest get sorted? Is it every tax return i have to apportion interest to the redrawn funds manually myself? Does...

Hi , we are getting a bit sick of the 'characters' we live amongst renting cheaply , so looking to buy ppor . Situation is own 1 IP worth about 340 k . Owe St George 150 k . Rate 5.49% after advantage. 50 k Redraw. 50 k Offset. Need 420k to buy ppor. Stg branch guy offered to...

Hi Moving from 1 lender to another for the lower rate

Hi , I searched a couple of pages but couldnt find an answer. Say i owe a bank mortgage 100k with 40k in redraw on an IP. 1. I can refinance 100k and take a check for the 40k . I can then place it in the new lenders redraw account . 2. I can refi 140k ,and the new lender will place the...