Recent content by gm12

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    an offer with subject to???.....

    You get 3 days cooling off from the time you sign the offer. You could consider giving 24hrs or less for response to your offer and consider inspecting it during your cooling off period (the remaining 2 days). You might have to pay a premium on airfare due to short notice but that might stil...
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    When to get house insurance?

    I was adviced by my soliciter to take it asap. Apparently the period between sale and settlement is a grey area. I am in vic. I went with gio. Aami was cheapest but not by much
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    High vacancy rates in Melbourne's west

    The overseas student rental market is way down.
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    Buying a property for foreign passport holder

    I dont think there are any restrictions if foreign pp holder has permanent residency visa. If not, contact firb like others suggested.
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    Building and Pest inspection in Contract

    In vic, you don't get cooling off period if you have taken legal advice for the property. I wil show the sec32 to my solicitor after signing the contract/offer. Other important thing to know that in vic, we sign the contract of sale when making an offer. If the vendor signs it also, it...
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    How do you calculate profit when you make a sell

    Imo I'll pick C. To calculate Roi, I'll base my return on the capital I put in (i.e. not borrowed money). This is for my own workings only. Profit for CGT purposes is a whole different story.
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    Major structural damage discovered during inspection

    BV and proprtunity, Thanks for your help. I asked the vendor to fix it and they replied that the "underpinning" work was carried out 3 years ago, and they will send me supporting "council paperwork". I am waiting for the paperwork but looks like it there may not be an issue afterall.
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    Major structural damage discovered during inspection

    I recently signed a contract of sale for a property subject to pest & building inspection. This will be my PPOR and it took lot of effort to find the right property. Got the building inspection done and it turns out that the brick wall of the detached garage is (noticeably) leaning quite a bit...
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    Getting the best price

    Search for posts here by Nathan. He knows a lot about western sydney and has an eye for bargains. His website is binvested.com.au
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    Where to find a property's building/floor plan

    Thanks. Do you know if councils provide this information straightaway (over the counter) or do you have to wait days/weeks? The council is City of Whittlesea, Vic.
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    Where to find a property's building/floor plan

    I am wondering where can I find a property's building plan? I am not sure if building plan is the right term for it. Basically I am after something like a floor plan which at a minimum tells me how all rooms are laid and preferably gives me room dimensions. I bought some plans from...
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    Selling fees

    I read somewhere in this forum a while back that there were two agents inspecting the same property and the tentant overheard them arguing outside and cutting deals with each other to get the listing. The tenant then contacted the owner directly, told him what he overheard, made an offer and...
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    How to find Comparable Sales?

    I am paying $110 + GST for the SOLO package. The "way around" is time consuming so I only do it for the properties I am interested in. The steps I follow are : 1. I note down the street name and land size for the comparable property, 2. I then run a street report on the street that comparable...
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    How to find Comparable Sales?

    Thanks KAMBO. I am now a subscriber. It shows me the comparable sales with a slider to select better/worse condition but it doesn't show me the last sold price/date. I guess this is because of the privacy laws in Victoria. There are ways around it though. This is a great tool.
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