Recent content by lancer24

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    builders warranty / repairs on new units

    Hi guys, We bought a unit a month or so ago directly from the builder's realty. These are new units ( 1 year old ) and still under builders warranty. There are a few things that need to be fixed around the place. These were highlighted before settlement and we were told that they will be...
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    Vendor increasing price

    didn't get into details of it here, but our solicitor did explain things out. basically the contract that was given to us was for of the plan buy. but this property has finished its completion (just) and people have moved in. the contract contains sunset causes of 12 months / 24 months etc...
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    Vendor increasing price

    Hi guys, we made a 480K verbal offer for a prop advertised for 509K. the RE gave us a long story about how they had an offer 489K rejected and other buyers lined up etc etc and asked us to increase offer to 490K minimum. we stood out ground. later that night, the RE called and said 480K...
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    complete noob, FHB, help please

    auction plan cancelled Thanks Jacque / Alexlee & Jezza :) just as an update, have shelved the plan to bid for the auction. 2 main reasons, were that, both me and my wife felt that from our research the true value of the prop was around 410K, but we were sure that at the auction the bids...
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    complete noob, FHB, help please

    Have asked, there is no cooling off period for the auction contract :) not sure abt the s66w certificate. looking it up now. currently no backup plan, if finance doesn't come through, but like u said, this is not really a concern. I have already spoken with a few banks, and they all say...
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    complete noob, FHB, help please

    Thanks for the answers :) any advise how I can improve my knowledge of the process or speed up the learning curve ?
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    complete noob, FHB, help please

    thanks Thanks guys for the advise. time to think about a few things. I know i am a newbie, but gotta start somewhere :) I do have a fixed value for this property above which we won't bid. also i am not the person to be swayed by emotions. being calm and thinking logically is my...
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    complete noob, FHB, help please

    Hi all, I am a FHB and am looking at bidding at an auction later this month for a 3 bedroom unit. the property will probably go for around 400-420K, unless we have a crazy buyer there. we have 70K saved as a deposit, so looking for a loan around around 350K. have a meeting with mortgage...
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