Recent content by Leghorn

It is naive to think all bank valuations are conservative/undervalued. There are plenty of examples where banks have lent money and not recovered their principal when they have sold up a property. Unfortunately valuers continue to be sued for overvaluing whilst their customers complain they...

Why not leave the ducting and take of the outlets only and re plasterboard the holes?

Big chance you exchange and they find out after and you can't settle

even though they have said who they have on their panel, i would make sure they are willing to accept a client instructed val as the majority will not......for obvious reasons

Anyone know what MichaelA's compatibles are?

Interesting a minimum 15% increase in the base rent is not a ratcheted market review it would be an outstanding result for the lessor if the tenant signs and agrees to it. Without knowing details Jandnets could be an unratcheted effective market review at each option which would really kick...

Planes as is Arncliffe

I don't know where you are going to get your 15% returns from, however in theory it should work fine

In my experience the stripper doesn't work satisfactorily and will take hours to do the job

Unfortunatlely its not that easy to give you a nice neat three or four paragraph answer. To be a commercial property valuer you need to have done a uni/tafe course and in nsw have two years practical experience and then do an oral exam to be registered to value commercial property. i...

I don't understand why you can't you refuse?

It will depend on the strata plan as to who owns what which will tell you what you can and cannot touch with/without your neighbours consent

One things for sure it ain't going to have great +ve cashflow if you are stumping up for vandalism/repairs!

Actually strata title is the subdivision of airspace under the torrens system so there is no difference to the title from a legal perspective.

Yes You will need to lodge an objection statng your reasons eg purchase price within the prescribed period of time after issue of your land tax notice or notice of valuation.