Recent content by wayward

got 1.2% discount so on 4.74% on a loan bigger than 1mil

I know the price :) Was just curious why they are withholding it to market.

Exchanged today. Seems in 2nd week property got a lot more interest. In the end making an early offer and being friendly helped us win this property when it was deadlocked.

Exchanged on a place in Lane Cove today. The agent mentioned they are withholding the price, whats the general reason for this? More seller initiated? or agent?

Hi There, would love to get your advice. We went to first home open last week of a house on lower north shore. We really loved it and decided to make an offer pre auction. So first offer went in at $1.275m unconditional. Real estate rang back and said can you do $1.35m. I said no way and...

suspicions were correct, appears there is another buy that has made verbal offer. Now faced with decision of play it cool and walk away and see if they get back in touch vs bump offer by 40k the thing is cant be certain that there is even another buyer etc

it will be unconditional.

An update, ended up offering 1.31m Agent said this will likely close deal but need to confirm with owners, suggested I get everything ready to exchange tonight. Rang back this afternoon and they said they are struggling to contact owner and will get back to me. Could be legit but suspect a...

RE came back with 1.35 but I flat out said that's not for me. now that want me to go 1.32. I think 1.3 is my max...still uncertain of value in the area and likelihood of growth etc. Lane Cove I believe in Lane Cove North not so sure.

Have made an offer of 1.276m. Agent indicated that owner is considering it but they think number should be 1.3m+. There is another open today im sure they are using this as a guide on interest.

Thanks, put in an offer with expiration of 24hrs. Agent has come back and said there are number of contracts out and bit of interest but at 1st home open only counted 5 people...bit lacklustre. Agent rang yesterday to ask for more time so owners can consider. Suspect trying to delay out to home...

As its such a small area its hard to get a solid appraisal. For this size land and house the RP Data says 1.1 to 1.39

Anyone knowledgable about Lane Cove North? Is it running hot for sellers of houses there at the moment. If RE says bidding from $1.2 what would be the realistic reserve price? 1.3, 1.4 or higher?

Brady yes the clause in contract said to pay the deposit to vendor prior to settlement rather than trust account.

Aaron is it normal just to get one offer in, like a best and final offer. I made assumption not too go too high and hope fully negotiate up. Any advice on how I should of approached it differently?