All assumptions, but the vendors may have looked to the agent for an expected sale price and worked back to set their reserve from there, or the agent 'advised' them of the actual reserve figure itself. Either way its in the best interests of the agent to get that reserve as low as possible, get...
Am fairly local to the Egina St one. To me thats a pretty good buy if its measured as land value, but if the house is structurally sound then its a hell of a buy!!
I notice yet another out of area agent involved. :rolleyes:
Quick Update
Preliminary DA assessment has been done by Town of Cambridge in 26 days, hope the rest of the assesment period is just as prompt (famous last words)
14 points to address but nothing hugely concerning. 6 will be altered on the plans to comply, 6 we will try to justify and 2 my...
Thanks Garemsay, always happy to hear opinions on this subject, it seems such a black art to get information on the pros and cons of each type of construction.
Good point Westminster, builder pointed out a few things. Saved about $1200 on changing 5-6 window sizes slightly. Best result was saving $1400 per apartment ($4200k total) by reducing the stone benchtops lengths 400mm, thereby only needing 2 instead of 3 slabs of stone per apartment (or ot may...
Overall Tano, the more details you can give a builder up front in the tender, the more accurate their responses back will be and the more comparable they will be between builders.
In my case we are yet to have structural drawings done, so the builder has only allowed a costing on what they...