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Very noob in this sort of situation. I'm the landlord and I just signed up an Exclusive Management Agency Agreement Residential (Short Version) REINSW. In the Agreement section point #2 ... The Agreement shall commence on the blah and may be terminated by either party giving not less than...

a very simple question, i hope some lights to be shed on. building that I am about to purchase a unit on, has shown extensive concrete spalling. there are 20 units in the building, so special levy would be 120,000/20 = 6000 per unit. I don't mind forking out this money to get it fixed ... BUT...

when I requested valuation from my bank, she asked "how much do you think you are going to purchase this property for?" in another way of paraphrasing the question, "how much do you think the property worth?" Why does the bank ask this question? Will my answer influence on how the value...

correct me if i'm wrong but to buy a 100 sqm property worth say 500K via auction, the liquid required would be: 10% * 500,000 = 50,000 (10% deposit to agent). 10% * 500,000 = 50,000 (10% deposit to the bank). Stamp Duty Fee Solicitor Fee would that be accurate?

Tenant's rental contract expiry is June 2015. What will happen to how the tenant going to pay the rent fee, in terms of my bank account instead of the original owner bank account etc) ..... is this something that will be organized during contract signing? Apology for the stupid question.

house was put on auction ... agent said the only way to sell the house prior to the auction is no cool off (66W certificate) with 10% deposit. is this the case? total bull crap or all honesty there?

Is there anything wrong with this way of purchasing property: 1. Make offer 2. If accepted, then sign contract. 3. Quickly do Building & Pest, Strata, Valuation reports. 4. Consult Solicitor. 5. If something is pear shape then cool off. ? The risk of the above is: penalty of cool-off...

These days, can you still do all due diligence (strata, b&p, value etc) before submitting an offer? In my experience, the answer is No. Before we even got time to do all of these, agent will encourage you to submit an offer; he will word it in such way that "if you like it, I would...

I am a noob so please do correct me if i'm wrong :D Before we start with Contract Exchange .... and even before we agreeing to the price, we need to do this due diligence: Building and Pest Inspection Strata Report Amendment on Title (If Any) Is this correct? If so, I would...

First question: I saw in CoS the use of initial ... i.e. Jennifer X Lawrence Why the use of the initial X need to be explained by means of a statutory declaration? Just curious. Second question: there is a section called "Amendment to Title"; the company name shown on the title as...

i'll keep it brief :) 2 questions only. i am asking this from buyer's perspective. :confused: 1. In the same building but higher level, there was a 40 sqm unit sold for $x. The sale just happened 2 weeks ago. Can I use the following method to calculate the price for a 20 sqm unit at a...

I understand that for a unit < 50 sqm, lender would only want to lend out up to 80% only. I am very hesitant to use my liquid money to pay out the 20%. Do I have any other option/s to pay this 20% deposit? I have researched SMSF and it seems it's no go for me.

We've been looking for a unit for my mom to stay in. Budget is under 300k. Being Asian descent, I would prefer to put her in a suburb where Chinese/Cantonese would be either the majority or 2nd biggest group of the ethnic group. This is purely for her to be able to blend in easily to the...

Hi Guys, Would like to know if we can negotiate and when do we negotiate on the pricing? And how much did/do you negotiate off? and is that off the final tender price or including the variations/upgrades? Cheers!

What to look for when purchasing a land? Easement? Transportation? Shopping Centre?