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I have a plan but I am thinking it is a little stupid. I am in Auckland nz but not ready to move to Australia cause of some family issues. But it looks way cheaper in Perth than here. Basically a house that costs 400k in some parts of Perth would cost over 1.2 million in any suburb of Auckland. Now my plan is to go to Australia for 6 months, buy a house and put it up for rent until I am ready to make a permanent move. I have done a bit of research and was advised that in WA if I am there by the time of the offer and transfer, I won't be charged the foreign tax, as an nz citizen. So I will only pay the normal stamp duty if I can't live there for 6 months after the purchase, which should be less than 15k for a 400k house. My only fear is I might be jumping in when prices are falling and interest rates rising. So negative gearing from the get go plus maybe no capital growth for the foreseeable future.
ОтветитьEverybody knows the land content is the one that appreciates. However, buying a house is far more expensive than an unit or apt. Buy within your means !!!
ОтветитьI'm a young fella 28 and single just finished off my second car loan. Now I am planning save deposit for a 2 bedroom house 250k -300k that is close to my work. I appreciate the your tips but the only thing that I'm worried about is job security while I commit myself to paying off / buying my first home
ОтветитьToo fast like a bullet train
ОтветитьAny recommendations for first home buyers in Melbourne? TIA
ОтветитьHow about selling?
ОтветитьHey mate, appreciate your videos - any advice on exactly when in the process to get pre-approval sorted?
Have started going to open homes and paying more attention to the market recently, however I am cautious of getting pre-approval 'too early' and having to go through the process multiple times. Is this a valid concern, or should I just get the pre-approval and accept I might not find something suitable within that period? Cheers.
Thanks Nathan
ОтветитьIf you are renting, here is very good tip; hidden fees, break lease fees and cleaning fee for your renting property, if you are buying a unit, dont hire a building inspector. I regret to spend money for building inspector. Never spend money for it. Also pest inspection as well. Essential fee is for your solicitor.
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