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Home Living : May 18th 2010
2 HLC - HOME LIVING: CENTRAL, Tuesday, May 18, 2010 Inspect then buy » ADVERTISING FEATUREHOMELIVING Fixing housing faults could further add to mortgage stress, warns Archicentre. The building advisory service of the Australian Institute of Architects says homebuyers flying blind on housing faults could find the unexpected and unbudgeted costs could ultimately become a mortgage buster. Archicentre ACT & NSW state manager Angus Kell said with the average family having to find $300 more a month to meet mortgage repayments after the sixth interest rate rise since October last year, homebuyers need to do their home work before buying a property. ''A homebuyer with an average $300,000 loan will now need to find almost $2000 a month to meet loan repayments,'' he said. ''There is virtually no margin for error for homebuyers. The decision not to carry out a property inspection before purchase can have a major financial and social impact on buyers. ''Often the unbudgeted repairs or maintenance are added to the mortgage, compounding the affordability problem with a $30,000 repair cost turning into $50,000 over the life of a normal loan. ''With many investors and homeowners facing financial difficulty in the current market, the quickie makeover is a popular strategy for a quick sale where expensive structural, wiring or plumbing faults may be superficially covered up.'' Archicentre's pre-purchase property inspection figures show that at least one in three homes sold have problems that are expensive to rectify. This is more so if the faults involve structural, plumbing, electrical, termites or illegal building. Visit: archicentre.com.au Metropolitan Built-in Wardrobes Pty Ltd FREE MEASURE & QUOTE SHOWROOM OPEN 6 DAYS Mon- Fri 8.00am - 4.00pm Sat 8.00am - 12.30pm T: 9763 5899, F: 9763 5877 www.metropolitanwardrobes.com.au Unit 6, 1-15 Wentworth Rd Nth, Homebush (off Bellona Ave) 15 YEARS GUARANTEED 2141582i hln wk39 Lic. 137155c QUALITY PRODUCTS AT TRADE PRICES MANUFACTURER DIRECT WE SERVICE MOST BRANDS OF SHUTTERS • 10 Year Written Warranty • Fast Professional Installation By Qualified Tradesman • Reduce Heating & Cooling Bills • Deter Burglars • Reduce Noise • Storm Protection ROLLER SHUTTERS FREE MEASURE & QUOTE CALL TODAY 1300 302 822 www.maverickrollerproducts.com.au 2158952i hlw wk41 C/L 196633C Display Kitchens Wanted 70% of normal prices !!! Kitcheners Kitchens has a great range of We need clients with homes in your area to of your new kitchen for our brochure when Call 1800 826 144 now (24hrs) for a free design and quote or visit www.kitcheners.com.au INTEREST FREE FINANCE AVAILABLE+ "Trust Kitcheners for Australia's best custom made kitchens" Huey Kitcheners Kitchens made just for youTM *For kitchens with cabinetry valued over $6000 (ex glass splashbacks, stone benchtops & trade works). Deposit required. Can't be used in conjunction with any other offer. +Approved applicants & selected products only. Fees charges & conditions apply. See in store for details. GE Creditline is a credit facility provided by GE Finance Australasia Pty Ltd (ABN 88 000 015 485). GO Mastercard & Buyers Edge is a credit facility provided by GE Capital Finance Australia (ABN 42 008 583 588), both trading as GE Money. PLUS We are a family owned company providing clients with the personal care and assistance that you would expect. Come and visit one of Sydney's largest showrooms for more in-store specials 998 Victoria Road, West Ryde (cnr Station Street) www.bathroomeffect.com.au Monday to Saturday 9.00am - 5.00pm Open 6 days Licence No. 144928C Ph 9809 0852 Includes underfloor heating with every renovation 2137989i hlc wk47 Weekly SPECIALS CAROMA OPAL 2000 WALL FACED SUITE • Contemporary Design • Smartflush® Suite 4.5/3 litre • WELS 4 star rating was $840 NOW $575 Receive $200 cash-back from Water Board (conditions apply) ITALIAN FLORENTINO HEATED TOWEL RAIL Various sizes available 600x1150 23 Bars was $695 NOW $520 5 YEAR WARRANTY *concealed elbow extra $80 BUILT IN WARDROBES FACTORY DIRECT PRICES BUILT IN WARDROBES FACTORY DIRECT PRICES PH: 9890 7477 PH: 9890 7477 • FREE MEASURE & QUOTE • LIFETIME GUARANTEE Made to suit your budget & needs • Style • Service • Variety • Full range • Accessories • Hinged Doors • Sliding Doors • Over 20 years exp. Sydney Wardrobe Company Pty. Ltd www.sydneywardrobe.com.au Lic: 185628C 2163417i hlc wk47
May 11th 2010
May 25th 2010