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Home Living : May 18th 2010
2 HLW - HOME LIVING: WEST, 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 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 2152887i hlw wk40 Enclose your EXISTING patio. Upgrade your EXISTING screened enclosure. Daime Pty Ltd Home Improvements • Full height GLASS a specialty WWW.HALFPRICESHUTTERS.COM.AU CALL 13 61 21 AND SAVE CALL 13 61 21 AND SAVE UNIMAIL RP290909 * This offer cannot be used in conjunction with any other promotion, special offer or coupon. HUGE STOCK CLEARANCE SALE ALL SMART STILE PLANTATION and ROLLER SHUTTER STOCK MUST BE SOLD HURRY! CALL TODAY NEGOTIATE A DEAL TODAY! Showroom & Factory: Fax: 77 Larra St, Yennora 9632 1399 Specialising in Shopfront & Domestic Roller Shutters SAVE $$$ - FACTORY DIRECT PRICES Master Lic:408646770 Roller Shutters Shopfront Shutters Stainless Steel Doors Automatic Garage Doors FREE MEASURE & QUOTES Call 9632 1111 www.burwoodshutters.com.au 5% OFF YOUR LOWEST GENUINE PRICE Window Shutters Safety Doors Window Grilles Automatic Gates 2061737i hlw wk15 BUY DIRECT FROM THE MANUFACTURER AND SAVE $$$ METAL ROO PRODUCTS PTY LTD We service the whole Sydney Metropolitan Area Ph 9675 5622 www.zammitroofing.com.au We supply • Carports & awning •Metal roofing • Guttering • Flashings & all roofing accessorie AMMIT 2103876i hlw wk1 NO OBLIGATION FREE MEASURE & QUOTE ALL AREAS 9838 9090 www.justforyouwardrobes.com.au JUST FOR YOU WARDROBES PTY. LTD Lic. 185684C Built-in Wardrobe SPECIALISTS Timber Coloured panel Painted Mirrored Sliding Hinged FREE MEASURE & QUOTE Lifetime Warranty DESIGNED TO SUIT YOUR BUDGET 2031151K wk41
May 11th 2010
May 25th 2010