She really, really wants the place, to the point of almost being a bit harrass-y :eek: hence the high purchase price offered. I think she wants to keep some cash free and not put it all into a deposit, and plans to work her butt off for 2 years to qualify for a home loan.
We're not going to...
Thanks, you guys are awesome for replying so quickly (and definitively!). Also thanks for your sense of humour in gently telling me I'm an idiot to even be considering this ;)
We are selling our PPOR after only owning it a couple of years. It's on the market for $499,000 but we'd be happy with $475,000, which is what we paid. Market here is stagnant. We weren't intending to sell at all when we bought, but have decided we don't want to live in this area/type of...