Recent content by mini2

  1. M

    Waiting for the Sydney bust - auction clearance rates

    The sooner people realise this is becoming the reality, the better.
  2. M

    Just bought something in SA...now what?

    Unwilling to show their ability to complete hmm and the figure is $40k. This bloke must've bought it using equity from somewhere and IO for all these years.... What a headache.
  3. M

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Thanks for your comments :) Not sure if I've overpaid but I got a funny feeling the rent is below market - $200pw at the moment and I'm inclined to change PM as the current one sounded like a mess. All up in the air at the moment till the vendor confirm they can sort out the shortfall....
  4. M

    Just bought something in SA...now what?

    Checking the shortfall now, if it's substantial then I'll walk. I said to the agent I don't want to throw money into B&P and engaging a conveyancer if the likelihood of this going ahead is slim. Would've been nice if this was disclosed up front not until I see the contract...
  5. M

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Yep. I think this may or may not be related to your vendor finance request... They want bulk cash is my understanding.
  6. M

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    The vendor accepted my offer on this: http://www.realestate.com.au/property-house-sa-smithfield+plains-119196799 Now I'm getting cold feet...
  7. M

    Just bought something in SA...now what?

    Just checked with Scott at 1836, well I've got plenty of time to get the B&P done so back to calling BPI... Well the fun begins, there's also a clause in there the vendor has a shortfall between the price and mortgage and if they can't get the $$$$ sorted then see ya.
  8. M

    Just bought something in SA...now what?

    Called BPI, they aren't available till next Tuesday but the clock has started ticking. Any other B&P recommendations? Back to the documentation side, I've signed/initialed the contract and Form 1, now what? Send it over to the conveyancer? Didn't know someone else will accept my...
  9. M

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Still asking me to bump up my offer. His response "don't you want to make a lot of money?" Pass.
  10. M

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    I've got a call from them as soon as the tender closed. Hmm perhaps they're trying to get more buyers playing each other off despite it's supposed to be best and final offer :confused:
  11. M

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Decided not to go any higher. Don't need any possible headaches at the moment.
  12. M

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Submitted an offer for $490k, got told there are higher offers. Nah won't go any higher especially all the sales bloke can guarantee is $650 in rent tops and mould problems make it even less attractive.
  13. M

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    What do you guys reckon of this pair? http://www.realestate.com.au/property-house-sa-elizabeth+grove-119854405 http://www.salisburyprofessionals.com.au/real-estate/property/794455/for-sale/house/sa/elizabeth-grove-5112/14-murphy-street/ And the one behind it...
  14. M

    Separate entrances/partition off a house - DA needed?

    If I do something like partitioning half of my house off, add a separate entrance and effectively making it as if there is a separate residence within an established home, is a DA required? Going to share the same meters for electricity and water. Or am I be better off plonking a granny's...
  15. M

    Ebay Shower Heads - OK or stay away?

    Check out Costco, not sure if they've got them in Melbourne but some $100ish Hansgrohe stuff have appeared at stores in Sydney.
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