Recent content by Sirousm

Hi, Would someone please clarify what the clause 'due diligence to satisfactory of the purchaser' entails, does this mean that the purchaser can pull out just because s/he believes the property is not worth buying at X amount? wouldn't be better if the specific conditions of the contract are...

thanks for feedback Hi, Thanks for your responses & feedback. We have decided to speak with another builder who is happy to take over, we are hoping the new estimator be able to match the previous builder's quote, otherwise we will run into another battle. Thanks again, Sirous

Me again Hey guys, I sent a post before re 'Financier's Development Deed', & I am still awaiting some feedback. Some sympathy will do!!! Actually, I found another term for this kind of agreement. Tri-party agreement, genius, aren't I?!!!!. I still don't seem to be able to convince my builder to...

Hi, I am a small property developer & have a situation & I would appreciate your thoughts. We are doing a multi-residential dwelling in a prime location in Brisbane. We are very excited as everything (almost!!!) is ready to go. DA, BA, building contract, buyers who bought all the units off the...

Hi, I am a newie to this forum & I would like to share my experience with you re a development site in Brisbane that was assessed by a bank valuer in Brisbane. One thing that I was watching with an interest was to see what method the valuers would use to ascertain the value of land & what would...