As per title when does the goal saver rate go up?
They were very quick to pass on the mortgage rate increase but must be having some technical difficulties passing on the savers rate?
I’ve got about 830k to buy my first house. (Someone had to profit from crypto.)
I’m looking at a house in regional Victoria that will sell for around 810k. It stings a bit not to have any benefit from the FHB stamp duty exemption up to 600k.
I’m toying with the idea of buying an IP for around that 600k mark. Then taking on a mortgage for my PPOR for the 810k house.
Would you do something like this? Any flaws in the plan?
Hello,
I’m looking at a house in regional Victoria that’s priced between 860-890.
It’s been on the market for around 5 weeks and doesn’t seem like there’s a lot of interest. Estate agent said owner was going through a divorce and ‘wouldn’t be offended by any offers.’
Property.com values it at 796k
What would you do in this scenario?
I’m tempted to offer 780 or so but seems a lot lower than asking price. Median price for area is around 400k… so i think it will be slow to sell.