Briese Lawyers in Toowoomba, Queensland | Property

Briese Lawyers

Locality: Toowoomba, Queensland

Phone: +61 7 4638 4833

Address: 303 Margaret Street 4350 Toowoomba, QLD, Australia

Website: http://www.brieselawyers.com.au

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23.01.2022 Our Principal Kym Briese has written this informative Ebook - 10 WAYS TO HELP YOUR CHILDREN GET INTO PROPERTY (without losing yours!) Here is a snippet from our Ebook OPTION 9 - GUARANTOR... Going guarantor on a loan is a big commitment and not one that should be taken lightly. All the potential pitfalls and considerations are detailed in Option 7. (see our attached Ebook) The only difference here is that you are increasing your risks considerably by being held responsible for the entire debt, rather than a smaller portion of it. Clearly the potential for financial loss is significantly higher and the time frame of your exposure is also likely to be significantly longer. Again, you would be looking to encourage your child to have you released from the guarantee at the earliest opportunity. This might be through extra repayments; capital improvements or a bonus surge in the market such that a revaluation of the property shows sufficient equity to support the loan. Bear in mind that even if the equity is established, that does not compel the lender to release the guarantee or its additional securities. Any refinance will come at a cost and you / your child also need to be mindful of the additional costs that would be incurred in refinancing and releasing securities during any fixed interest period. The longer these arrangements continue, then statistically more likely that one of the D events might occur. Be sure you go into these arrangements with your eyes wide open and fully aware of the potential consequences. If you would like to read more of our Ebook it is available for FREE DOWNLOAD from our website at www.brieselawyers.com.au

21.01.2022 Lots of useful tips here thanks to Brad. Definitely worth a read and doing your homework.

20.01.2022 HOMEBUILDER GRANT! The Queensland Government has now released further details of the Australian Government Home Builder Grant! Here are some details, if you would like further information follow the link below to access application forms and further criteria.... "Applying for the HomeBuilder grant. The HomeBuilder grant provides individuals and couples with $25,000 towards building or buying a new home or substantially renovating an existing home that they will own and occupy. Eligibility These criteria apply to all persons, whether applying as an individual or as part of a couple. * You must not have previously received a HomeBuilder grant in any state or territory of Australia. * You must be at least 18 years of age. (Companies and trusts cannot apply.) * You must be an Australian citizen at the time you apply. * Your 201819 or 2019-20 annual taxable income must be below: $125,000 for an individual or $200,000 for a couple. * You will be the registered owner on the title after completion or settlement. * The home will be your principal place of residence after completion or settlement. * The contract is signed between 4 June 2020 and 31 December 2020 to: buy an off-the plan or new home valued at $750,000 or less and construction had not started before 4 June 2020 or build a new home valued at $750,000 or less (house and land) or substantially renovate an existing home, where renovations cost between $150,000 and $750,000 and value of property (house and land before renovation) is less than $1.5 million How to apply You will need photo identification and copies of contracts and other documents. Find out when the grant is paid, what you need and how to apply if you are: buying a home building a home renovating a home." @ https://www.qld.gov.au//financial-help-c/homebuilder/apply

19.01.2022 HOW TO SELECT YOUR DREAM HOME Real Estate sales are still permitted and local agents are being innovative in their online bookings, virtual tours, open homes & bespoke property inspections. If you're in the market to buy property, our checklist could help you narrow down THE ONE before you even have to leave home. You can download your FREE copy of our checklist here https://mcusercontent.com//How_to_select_your_dream_home_c

14.01.2022 HOMEBUILDER PROGRAM HAS BEEN EXTENDED! HomeBuilder provides eligible owner-occupiers (including first home buyers) with a grant to build a new home or substantially renovate an existing home. HomeBuilder assists the residential construction sector by encouraging the commencement of new home builds and renovations. On 29 November 2020, the Government announced an extension to the HomeBuilder program to 31 March 2021.... For further information, follow the link below. https://treasury.gov.au/coronavirus/homebuilder

13.01.2022 Guest Speaker Tonight we hear from Ted at Briese Lawyers - Toowoomba. Established in February 2007, Briese Lawyers is a dynamic firm based in Toowoomba offer...ing a wealth of legal experience to its valued clients. They pride themselves on a "can do" approach that gets results, but in the process, they are determined to provide understanding, support and advice that is appropriate to your matter. Briese Lawyers - Your Local Lawyers A: 303 Margaret Street Toowoomba, Qld 4350 P: 07 4638 4833 W: https://www.brieselawyers.com.au/ ? . #Toowoomba #TPP #Business #Networking #CubeHotel #BrieseLawyers #SmallBusiness

10.01.2022 The property market for much of the Toowoomba, Darling Downs, Lockyer Valley and surrounding areas is very active leading up to Christmas. Our Conveyancing Team have put together this great guide to help you navigate the silly season if you are in the property market. All you have to do is follow this link to our website to download your FREE guide - "Coping At Christmas - Conveyancing Edition - Navigating the Silly Season" (disclaimer - we will not ask for you contact details before you can download our guide - it's our gift to you, no strings attached) Merry Christmas. https://www.brieselawyers.com.au/

07.01.2022 MAKING YOUR NEXT TRANSACTION A BRIESE!

02.01.2022 ARE YOU ON THE PROPERTY HUNT? HAVE YOU CONSIDERED ALL COSTS IN BUYING A PROPERTY, INCLUDING TRANSFER DUTY? What is Transfer Duty?... Transfer Duty (also formerly referred to as Stamp Duty) is payable on all dutiable transactions for property in Queensland. It is a tax payable to the State Government. Can I get an exemption or a concession for transfer duty? Yes, you may be eligible for an exemption but only if you are a first home buyer or a buyer buying vacant land to build your first home (conditions apply), you may also be entitled to a concession if you are purchasing a home as your principal place of residence (conditions apply) Please contact us to discuss any other concession or exemption queries you may have or you can visit the Queensland Government Transfer Duty Estimator to find out more. https://www.qld.gov.au//calculating/estimate-transfer-duty