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Exactly the info I was looking for. Thanks heaps!!

Hi all, not sure if this is the right area for my question- but could anyone give me an idea of how much it could cost if I were to paint three feature walls in three different rooms at my place. The rooms are average sized, nothing massive. I was contemplating doing it myself, but I want that...

All, If a property is marketed for a fixed price, say $500k, is it better to offer something a bit lower and negotiate your way up? Someone advised me that I should start lower and work up...but is this a sensible thing to do? Any help would be appreciated. Lee

By the way, the second link provides the suburb profile for Moorabbin Airport....I have been looking at Moorabbin, which is http://www.investsmart.com.au/property/profile_suburb.asp?Postcode=3189&Suburb=Moorabbin&State=VIC

Thanks Jas. I'll check out those sites. I'm only looking at 3 bed, 2 bath units at the moment.

Thank you Y-Man & Vuster. That's very helpful info. The property in Nunawading is located just off Springfield Road and close to Nunawading station. Would you know if that'a a good location? Also, with Clayton, some people have warned me about crimes there......although I haven't heard of...

Hi all, I recently inspected three nice properties at Nunawading, Moorabbin & Clayton with an intention to my my first home. All 3 bedrooms + 2 bathrooms. The ones at Moorabbin & Clayton are brand new, while the Moorabbin property is a year old. I kind of liked all the three...but not sure...

Someone recommended Sargeants to me. I think they are based at Bowen Crescent in Melbourne, VIC 3004. Google them, I have seen them online.

I am looking for 'subject to building inspection' and probably 'subject to finance'......because I have my pre-approval, I could probably put it subject to bank valuation.

Yes Y-Man, it is going to be my first own home. That sounds reasonable then........a reserve close to mid-fives. Just found out something interesting- someone I know had also expressed interest in the property, but their price was lower than myself. And strangely, she didn't get the...

Thanks Wylie. Maybe its me, but I just don't want to buy at an auction. That will probably mean my dream house would walk away in front of me, but I am firm on this. Can I ask a question? How high can the reserve price for a property that has been advertised for, say 460+, be? Are there any...

I know I can probably save money by going to auction. But I'd like to put a conditional offer on the property. I have seen instances when the bank valuation comes back less than what someone has paid for a property and in that case the 'Subject to finance' clause saves the day. That's why I...

Thanks all. One last Q on the process, isn't it dependent on the vendor to decide if they are willing to accept a conditional offer, probably coz they are getting 30K more for taking a chance? Also, would it make a difference if I am happy to write a cheque for the 10% deposit amount on the same...

Thank you Y-Man. You make a fair point. I had faint hope because from what the agent told me a week back, my offer would have been better by at least 30K as compared to what the others were willing to pay. A lot of properties still sell on private treaty with conditional offers and the vendors...

Know what you mean, and your probably right. But I can't go to auction......but just trying to hope something works my way at the auction without me bidding!

Totally understand. Actually, the reason why we don't want to go to auction is because we want to put in a conditional offer (subject to finance and building inspection). I have my pre-approval letter from the bank and I have mentioned this to the agent. I am only concerned about the...

By the way, what do you think will happen now that I have told the vendor my intention? Do you think he'll advise the vendor or could he keep it to himself and get away with it. After all, his aim is just to get the house sold above reserve, right?

Thanks Y-Man. The agent did not ask us to present offers in writing as the vendors had decided otherwise. He did tell us that only two people had actually offered a price close to our offer, while about 30 other people were way less than what we were thinking. Auction is Saturday, and he...

Hi all, I really like this property which is scheduled for auction this weekend. We wanted to put an offer on the property at 100K over the advertised price, and even the agent said it was good- but the vendors wanted to go to auction anyway. I am against auctions, but I have advised the...