Search found 5 matches

by iamsam
Thu May 19, 2016 12:19 pm
Forum: Home Loan Forum
Topic: Construction loan docs to release first lot of funds
Replies: 7
Views: 7407

Re: Construction loan docs to release first lot of funds

Awesome! Thanks a lot, Otto. I'll check out your website and will call if I need to get things a bit more clarified. Bye.
by iamsam
Tue May 17, 2016 5:44 pm
Forum: Home Loan Forum
Topic: Construction loan docs to release first lot of funds
Replies: 7
Views: 7407

Re: Construction loan docs to release first lot of funds

Hi everyone,

I already own a home but I've recently inherited some land and I've been advised to build a house on it. It does seem like the best course of action to me but I literally have no clue about construction. Can anyone tell me how the construction loan and the construction process go?
by iamsam
Tue Feb 16, 2016 2:42 pm
Forum: Commercial Loan Forum
Topic: What to check before buying commercial property?
Replies: 7
Views: 14396

Re: What to check before buying commercial property?

Thanks for that, Otto. I think I've saved up enough for a 20% deposit so getting a 10% deposit and then borrowing 70% doesn't seem like a problem to me. I'll call your office by the end of the month to discuss my loan needs. Bye.
by iamsam
Mon Feb 15, 2016 5:18 pm
Forum: Commercial Loan Forum
Topic: What to check before buying commercial property?
Replies: 7
Views: 14396

Re: What to check before buying commercial property?

I hadn't even considered whether or not the lenders would accept the property! The property is actually a warehouse and it's nearby the city. I'm actually expecting the surrounding businesses to make use of it so tenancy and all isn't a problem. Warehouses are acceptable, aren't they?
by iamsam
Mon Feb 15, 2016 10:11 am
Forum: Commercial Loan Forum
Topic: What to check before buying commercial property?
Replies: 7
Views: 14396

What to check before buying commercial property?

Hi home loan forum, I was told that this was a great place to ask for tips and advice on all things property and mortgage related. Well, I've been saving up to buy a commercial property in Port Lincoln and I've researched things quite a bit I suppose, but I still think I may have missed out on many ...

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