Recent content by LJ

  1. L

    REA Dirty Tricks!

    REA's words not mine, another dirty trick? ;)
  2. L

    REA Dirty Tricks!

    Hi Wylie, I learned of a "purchaser dirty trick" today. Our conveyancer told us to take the word "Major" out before the building defect clause, which apparently means you can re-neg on the contract if you don't like a broken tile. What other ways have you seen purchasers try to weasel out of a...
  3. L

    REA Dirty Tricks!

    No this is not the case, I just wanted some answers to my original question. Interesting that the property is still on on realestate.com.au and is running 2 open houses this weekend. Still seems like a bluff to me.
  4. L

    REA Dirty Tricks!

    Yes Sanj, this is for real. I thought he was trying to push for a higher offer but apparently this is common practice? Part of being green is not knowing these things. Thanks fellas :)
  5. L

    REA Dirty Tricks!

    Hi Big will, have you experienced any REA dirty tricks?
  6. L

    REA Dirty Tricks!

    Seems that way!
  7. L

    REA Dirty Tricks!

    Hi Tim, Have you experienced any REA dirty tricks?
  8. L

    REA Dirty Tricks!

    But we don't care :P Have you experienced any dirty tricks Pinkboy? EDIT: Courtesy call at 21:30 doesn't seem too courteous. Maybe I'm reading into this too much but I believe he was with the vendor presenting offers. 21:30 is probably a good time to call as people would often have had a couple...
  9. L

    REA Dirty Tricks!

    Hello SS, I'd like to start a discussion about dirty tricks you've seen real estate agents use to try and push up prices etc. I've dealt with one REA only so experience is limited but I did have an opportunity to see some dirty tricks! So far I'm enjoying the property game as it reminds me...
  10. L

    Vic - First PPOR - tie into investment strategy

    My wife and I are looking at purchasing our first house (yay!). Unfortunately we are limited to the victorian market for this purchase. Originally we planned to purchase a house with decent rental potential, live in it for a couple of years and then find a different PPOR and convert the...
  11. L

    Aggressive offer strategy

    Thank you all for your sage advice. Our pre-approval took longer than expected so we were unable to submit the offer to take the property off the market before the open houses. A family member went and said that it was very popular! We've since learned that the vendor wants a long settlement...
  12. L

    Aggressive offer strategy

    Hello, my wife and I have found a property that we like and would like to make an offer. The property is listed at 420+ and we would be willing to offer 430. The property is located in vic, and has been on the market for about a week and has 2 open inspections this weekend, sat and sun...
  13. L

    Define LOE please

    Hi Rixter, I'm really keen to know more. Can you please elaborate on this and how you would perpetually LOE?
  14. L

    Define LOE please

    Hi Guys, I've heard a term being thrown around a lot lately. Can someone please define LOE and show me some real world examples using numbers? Cheers, SL.
  15. L

    Somerloft's rookie questions.

    Hi DT, yes, this is true. Ich bin besorgt about the lack of equity we can leverage from the initial home. I was hoping for an easy way to leverage some deposits. At least with the final solution to the debt question in place a deposit should be easier to get for the first IP. That pocketbook...
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