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Thanks Jamie. It's acceptable but it's money that could be towards stamp duty etc. The seller has no other interested parties. We are still undecided.

We've been back and forth with the vendors trying to agree on a price, and they've come back with a final offer. Theres about $8k difference with our previous offer and it's acceptable, but to us, that is still a significant sum. Can we counter their final offer? Or is it acceptable in...

In Victoria, it's standard to fill out a Contract of Sale form when making the first offer. However, if the agent comes back with a higher figure, are you suppose to fill out the Contract of Sale form again (with new offer) and resubmit, or do you usually now just counteroffer by email/verbal?

Good to know if say I put 10 days, it's not set in stone.

What if there's a delay with the bank? Or is that a quite unlikely?

I note in the Victorian Contract of Sale document, there's a section under "subject to loan" about the "approval date". Is that the expected date where should hear back from our lender? How long would that usually take? (We've already received pre-approval if that helps).

Appreciate the response guys. TBH, I wasn't even sure where the ball park figure was so that gives me confidence. Thanks!

I am looking at a property that will be PPOR initially before turning it in to an IP. It's in North Melbourne. About 30 units, 7 years old, and no other special features besides elevators and underground carpark. Owners Corporation Fee is $3600pa. Does this sound right? (A similar property...

I NEVER get spam as I am always very careful (have had account for years), but this CommBank one got to me as well. Very surprised and curious to how it got leaked.

To say paying board relates to good budgeting skills is a joke. Unless it's a money issue as some have pointed out (eg. eating too much, using too much electricity, etc) then that's another story altogether. You can have children paying a fixed board every week, but that doesn't stop them...

Old/abandoned cars on the street, shoes hanging off powerlines, stray animals, litter all over the neighborhood, graffiti on neighbours' fences, woolies trolleys abandoned, skid marks from car burnouts on the road, some random hobo asking for a dollar for food, etc, etc

Thanks for the thoughts guys. That's a great summary site you have there in your signature peastman. Very good for someone starting off.

Hey guys, New to these forums, but I reckon I'll be here for a while! Anyhow, I'm looking at a IP at around 300-350k. I'll be looking at a 1BR apartment. I've also got the FHOG up my sleeve so want to make the most of that - 26k for a new home, 17k for an existing home. (I'll be...