Sharksta posted:Does Bank require building permits before full appproval?
They usually dont need it for approval but will require it before they start making progress payments on the loan.
Sharksta posted:Finance advice needed - REF, Offset
The difference between 100% offset & redraw comes into play because you intend to turn the property into an investment property over time.
Taxation wise when the property becomes an investment,…
Sharksta posted:Losing Out due to Bank Lending Policy Changes?
They do but you need to be an existing loan or credit card customer to qualify for it - other wise they will only lend 90%.
Sharksta posted:Sell first or get bridging loan?
Your loan wont be drawn until after the land has registered & title is issued. This then triggers the settlement process so the land can be transferred into…
Sharksta posted:Putting in an offer before Auction
Hi Miss-Build-A-Lot
When buying at an auction you're signing an unconditional contract to purchase. This means there is no finance clause, no build building & pest inspection clause, & the…
