Recent content by matche

Hi, I bought an OTP last year, deposit paid, contract signed. My solicitor never ask for my tax file number until last week. He told me that by providing tax file number I can avoid high tax rate on the interest income of my deposit. But as far as I know the deposit is held in a trust account...

I am going to pay 10% deposit on my OTP unit, it?s in NSW. The contract have the following conditions: - The deposit vests in the vendor must be invested in trust by the Vendor's Solicitors pending settlement - The vendor's solicitor may invest the deposit with a bank in trust for the vendor...

Hello, I am new to the property market and am looking for an OTP. I found that most of the OTP are put on the market for sales before the construction begin. Some even have the old building on the OTP site, and not demolished yet. I an interested in an OTP, got the draft contract from the real...

Hello, I found an OTP recently and like to buy it, just have some questions on buying an OTP: 1) My solicitor told me he can provide me the pre-sales advice service ($600 for OTP and $150 for established), basically he will read the contract, do some research on the developer and advice if...

Thank you for all advices. Actually it will be my first property, I have been looking for my first properties for few years, and personally I prefer OTP, with budget around $350k, 1 bedroom, 1 car space and close to major train station, with express trains to Central(Sydney), anyone knows...

I paid 0.25% of the purchase price as a deposit to secure a property, it is off plan development. The agent says if I change my mind, I can get the money back during cooling off period. However, the Fairtrading website says buyer has to pay 0.25% to seller anyway...

Considering to buy off the plan apartment in Liverpool NSW, 1 bedroom + 1 study, 79sqm, 320k. Got some questions: -Will there other new development in Liverpool in coming years? If yes, I may wait and see. -Some off plan properties are overpriced, how about the one I after now? If...