Recent content by Poe

  1. P

    Losing faith/trust in lawyers (selling property)

    Good Morning, Just as an update. We had decided to ride this out and just get settlement completed with as is. The property transfer forms were picked up yesterday. To make sure there were no further communication issues, as had asked for all correspondence the lawyer had taken for this work...
  2. P

    Losing faith/trust in lawyers (selling property)

    I mentioned in my original post about this - they claim we agreed to the extra month and were surprised we forgot this - note that we were sending confirmations about the agreed upon amendments including the 8 week settlement after that date to both the lawyer and agent before we signed the...
  3. P

    Losing faith/trust in lawyers (selling property)

    I had a look at the contract signed. The document signed said 42 days. There was some requests for amendments earlier (4 months settlement and a few other things). Only an amendment to 8 weeks settlement was agreed upon. The lawyer changed the settlement (crossed it out) and wrote above, 3...
  4. P

    Losing faith/trust in lawyers (selling property)

    The lawyers were recommended to us by them. Did not realise until later that one of the lawyers family works for that agent's company. The lawyer had put in their reply to us that the extra month had been agreed to - just ask the agent to confirm as well. The fact that our verbal/texts...
  5. P

    Losing faith/trust in lawyers (selling property)

    Seriously, please tell more. I need to be prepared moving forward and your story can help others as well maybe.
  6. P

    OTP buying - Fortitude Valley -2016 completion

    I did check the area and saw the various projects going around. With the various companies moving their HQ to this suburb and that the other projects were simply high-rises with no frills, this seemed to be a good buy. I also complied a list of questions from this thread and others and was happy...
  7. P

    Losing faith/trust in lawyers (selling property)

    Have any of you been with a lawyer when selling a property that you begin to wonder if they can handle the money transfer part of the settlement even? The lawyer I am using will not admit he made a mistake when he exchanged contracts and put down 1 month extra in the settlement period instead...
  8. P

    OTP buying - Fortitude Valley -2016 completion

    Hello, Looks like an update I made earlier did not post. I did decide eventually to go ahead with the OTP in Newstead. The building is going ahead of schedule which is good. Some large companies have also begun to move their HQ to Newstead which hopefully means good rental candidates...
  9. P

    Know of an awesome Property Manager in Guildford Parramatta Merrylands SW Sydney?

    I can put forward Property Partners from my side. I am actually a renter but have been impressed at how well they vetted my application for the current place I am staying at. They actually went through our past payments for our previous rental place (the previous agency unknown to us were giving...
  10. P

    OTP buying - Fortitude Valley -2016 completion

    Thanks, there have been a lot of good points raised. I am trying to make sure I am not selling this to myself, while at the same time trying not to once again miss out on a potentially good deal. Basically, if the median price of apartments there is already over 700K, am I too hopeful in this...
  11. P

    OTP buying - Fortitude Valley -2016 completion

    OK, feel like a tool here as I got the suburb wrong. Same details but the suburb is Newstead, not Fortitude valley. I have checked and there is a rental guarantee and half the apartments will be PPOE. From what I can make out, the median price for units in Newstead is already over $800K. So...
  12. P

    OTP buying - Fortitude Valley -2016 completion

    They approached me directly (met them in an investment expo from some months back), so I met them in office rather than in a seminar environment. Yes, I was thinking of this as well when I first heard about this - they ore-empted me though by letting me know that only a certain percentage was...
  13. P

    OTP buying - Fortitude Valley -2016 completion

    That would be IronFish Thanks, that's a good question. I'll ask when I see them next.
  14. P

    OTP buying - Fortitude Valley -2016 completion

    Any particular reason? The company, Ironfish doesn't seem to have a bad rep from what I could search. I guess my main concern would be paying too much and/or not getting a good return/equity growth as expected.
  15. P

    Does high density living gentrify a suburb?

    With regard to Liverpool, I know of a few people who are thinking of buying into one of these high-rises. They are in their 20s/30s and like the locations being close to Westfields, the train station and hospital.
Top