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  1. G

    Refinancing , conveyancing and transfer of title

    Peter , I appreciate your comprehensive response , but each personal situation us different . I do speak with a family lawyer to finalise the dead of agreement and indeed he's mentioned the fees associated with a title transfer . I can't give you any comments about his honesty or professional...
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    Refinancing , conveyancing and transfer of title

    Thank you all for your responses. I perfectly understand the role of the mortgage broker and I expect some level of honesty from a broker . I've asked a very simple question at the beginning : "What are the fees and expenses that I might potentially incur during the process ? I didn't ask...
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    Refinancing , conveyancing and transfer of title

    Thank you for your prompt response. Terry_w what do you mean by tax consequences ? Please your clarification .
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    Refinancing , conveyancing and transfer of title

    Dear Forumites , I would to ask your collective wisdom to share your knowledge about transfers of property titles. The situation : My partner and I purchased a property more than 5 years ago . Recently , we've decided to separate . The title was registered under both of our names ...
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    Rental and investment property question

    Thank you beachgurl and luckyone . Yes , she's able to offer up to 6 month of advanced payment . I think she's tried it in the past and somehow it didn't work . I believe beach ytl is right , otherwise my friend's chances are slim . I reckon the best approach would be to to apply with...
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    Rental and investment property question

    Thank you for your prompt response . She likes a specific property and asked me for an advice how to increase her chance of success .
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    Rental and investment property question

    Dear forumites , It's been a while since my last post - the collective wisdom of Somersoft helped us to purchase a property that we wanted more than 5 years ago . I am trying to help one of my friends since she's encountered a difficult situation due to lack of experience . The couple...
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    Residential Owners Insurance

    Hi Guys , I'd like to ask a brief question in relation to Residential Owners Insurance. We purchased a property 2 days ago . The vendor is an owner builder. The house is 4 y.o. , hence the section 32 includes Residential Owners Insurance issued by QBE and 137b ( building inspection...
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    Contract offer question

    Hi Rick , Thank you for your kind words . It's been a long journey , however I feel serenity now despite all the obstacles . I wish you all a Merry Xmas and a Happy New Year Kind Regards George ( not Costanza :))
  10. G

    Contract offer question

    Hi Guys , As I've expected , we bought a house today . Location, size and price are perfect . I've implemented the right strategy and it pays off . The house is 4 years old only , so still under builder's warranty . No need in building inspection , because 137b specifies all the...
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    Contract offer question

    Hi Rick , I am very happy to hear that you were able to secure the property . I am still searching , however it looks like I was able to perfect my negotiation strategy and wise approach . I've given a few unconditional offers using the same strategy - 3 days cool off period , however I...
  12. G

    IP calculations

    Rixter , Thank you very much for your time and comprehensive explanation Kind Regards gprp
  13. G

    IP calculations

    Gday , Thank you for your comments . Rixter , I appreciate your response. I think I have answer to all those questions . Gools, you’re absolutely correct .I’ve made a mistake in my calculations . Depreciation has nothing to do with tax rate . I’ve used depreciation calculator and...
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    IP calculations

    Hi Guys , I am a newbie here , so please don't critize too much . We've inspected a property on Saturday . Property is not too old (approx. 15 years) , 3/2/2/2 ( 2 cars garage) . Price range $365-385K . I think vendor is ready to accept the offer around 370-375K . Location is 5 min...
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    Solicitor in Melbourne

    Arthur J Dines 03 9465 0811 The most honest and down to earth solicitor I've ever met .
  16. G

    Contract offer question

    Hi Rickardo , I've submitted 6 offers recently with a non-standard building and pest inspection. I've used a clause specified by Fudge from Sunshine Cost . This clause is neutral ; I also brought a standard contract of sale to substantiate that this is a standard definition in Queensland . It...
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    Contract offer question

    Thank you very much for your prompt response . You"re absoltely right : 0.2% is $920 . I am not keen to get into adventure , hence I'll wait until Monday I used a different statement when submit the offer , however every second agent is trying to push REIV statement with " major...
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    Section 32 Easement Question - inside drainage boundary

    Thank you for your responses . I've spoken with my friend's friend who's working in Melbourne Water . Not a big deal in an old area . The chance that Melbourne Water would like to escavate the area is very very minor BR gprp
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    Contract offer question

    Hi guys , I brief questions to reiterate the basics . I’ve received the section 32 on Friday at 6PM . My solicitor had no time to check the title . I’d like to make an offer on Saturday . RA have a standard REIV contract of sale and section 32 . I’d like to make an offer subject to...
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    Section 32 Easement Question - inside drainage boundary

    I've founded an interesting document : http://www.melbournewater.com.au/content/library/online_services/construction_near_melbourne_water_assets/building/build_over_guide.pdf No building/structure will be considered within any easement or 5 metres either side of Melbourne Water’s asset...
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