Interest Only on PPOR

Discussion in 'Loans & Mortgage Brokers' started by Sean__, 20th Feb, 2006.

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  1. Simon

    Simon Well-Known Member

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    Usually just scribbled boxes of houses with arrows all over them :(


    And both are very valid perspectives for the client at the time. And if they hold them after understanding then they are informed perspectives and still valid for them :) No right and wrong in my eyes unless something is clearly illegal, wrong or dumb (and I know dumb well having been through it all myself).
     
    Simon, 24th Feb, 2006
    #41
  2. MichaelW

    MichaelW Well-Known Member

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    Simon,

    Excellent point. And a very good example of why you should use a mortgage broker like Simon! :D I figure I'm pretty good at understanding the implications of the whole financing side of things but I missed that implication until you pointed it out. Seems so obvious now... :eek:

    Cheers,
    Michael.
     
    MichaelW, 24th Feb, 2006
    #42
  3. Glebe

    Glebe Well-Known Member

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    I could do with some of these dodgy diagrams! :confused:
     
    Glebe, 24th Feb, 2006
    #43
  4. Simon

    Simon Well-Known Member

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    I really don't have any - is just scribbling as we go!

    Maybe next time I am in Sydney we can do some over a beer?
     
    Simon, 24th Feb, 2006
    #44
  5. Glebe

    Glebe Well-Known Member

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    I get it now actually, just had to take the time to re-read it. :)
     
    Glebe, 24th Feb, 2006
    #45
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