Recent content by <KS>

Thanks for the reply - does actually help a lot :)

Hi All, I am looking at buying a block of land in The Anchorage, Rockingham. Does anyone for sure know how much of the block I am allowed to build on? Also what does this include? The garage? The Alfresco? I need a REALLY big house (4 kids) and the block is 579 m2 I heard somewhere I...

1) The REA called the meeting - so its hardly extortion, he admitted they were in the wrong before I even opened my mouth 2) I sold timber floors for a living at the time - for Eclipse Flooring - my assessment for $3k was generous and I challenged them to seek as many alternate quotes as they...

No - put bluntly you really dont know what your on about. You should not scare the hell out of people saying - tough luck let the scum walk all over you - which essentially is what your post said, or ended on at least. What happened to Nic0 was the result of gross neglect and failure to...

Firstly forget the negative doomsayers in this thread who don't have a clue what they are on about. YOU ALWAYS HAVE A LEG TO STAND ON - IN FACT 2 OF THEM!! I myself was put in a slightly similar position a few years ago. I had a very nice IP with veneer timber floors. A strict condition of...

Chatting with the bank tomorrow - apparently commonwealth dont mind this sort of setup - and since they own Bank West (who I may refinance through) hopefully they will pass it. I have very good serviceability and good equity so borrowing 100k+ under my limit should help my case hopefully I...

Hi All, Today I looked at what I think was a brilliant deal, and I am about 90% of the way mentally to making an offer on a property and just wondered if I can get a few of the forumites thoughts on my situation. I am at this point able to comfortably borrow up to 400k to buy a property - my...

Its fair to have an opinion but its faily useless unless you explain your reasoning behind it. I will post a few reasons why I disagree with this statement: 1) Houses are CHEAP 2) Rental vacancy is 0% 3) Beach side of Rockingham (Shoalwater/Safety Bay) will always feel the effects of any...

WOW - that WAS you near the damaged 2 storey Kenneth! Thats your house? I walk my dog past there every day thinking - what a shame! my oh my - was that storm damage that was not insured or vandalism?! In a few years time that will be a lovely spot but in the current climate I hate to say it...

IMHO Perth is in Limbo - you may p/up a great deal but I dont expect any G/C for quite some time. If I needed a decent tax break or had time to self manage I may hunt for a REALLY GOOD bargain, but in all honesty the market does not really excite me atm. In order for the market to significantly...

Oh and my contribution: My mother-in-law cooks for a mining community where ships come in to load up on various minerals and stuff, and not suprisingly gets news very fast. She said the day after our stock market began to sh$t itself the number of ships coming into the harbour IMMEDIATELY...

Just wanted to say an excellent thread - loads of food for thought. My 2 cents - dont buy now unless you find it emotionally compulsory - I hope this future PPOR is lovely :) <KS>

I agree Peter - those buying now are those who previously procrastinated and will be the ones tempted to buy toys + the house, just like some sick people have kids so they can buy a plasma (and YES this really does happen) - but those next year will genuinely use the money for a deposit IMHO...

I am also a pessimist when it comes to rapid market swings. The last 7-8 year boom we experienced was well grounded...we were in the boom for about 18 months before people even clued on. I myself bought our first property in what would have been the first 6 months of the boom - it was a massive...

Agreed - put the forum back the way it was :(