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Check if your mortgage provider (if applicable) specifies an amount..... unfortunately ours does - $825,000 for building. Over the top but wasn't told until after the mortgage doc's landed on our desk.

I think the stupidity is on the part of the agent. If a property is clearly valued at significantly more than $600k (based on your due diligence/comparables etc) than it is the agent's stupidity to advertise at such a low price range. The agent is merely providing a guide - it is up to the...

Just put in for one with St George. 7.19% for 12 months, less 0.15% for professional package, less another 0.20% for prepaying interest for 12 months. Works out the same as variable rates so assuming one interest rate rise this year, should be ahead (other than having to fund the interest...

Agree Dazz. Why come on a forum and "ask" for an opinion/help when all you want to do is knock people down for trying to help. You might get a better result if you take the approach of admitting it was on oversight and asking the council to compromise, rather than going all in for a fight and...

Thrifty have good rates if you are an NRMA member. They also offer free child seats so that is a saving of $8/day.

Or in my experience, have the building manager announce to my REA 30 mins before the auction was to take place that is was against the bi-laws (something about unauthorised people conducting business in my own property !!). Pretty sure he was misinformed but never confirmed personally with the...

Where is the mould forming ? Underfloor ventilation would be a good starting point but if it not a serious problem I would be trying to increase ventilation to the area, use a de-humidifier (have found this makes the biggest difference) or increasing natural light. I also heard bleach...

agree, sounds like a very competitive price. Assume that is inclusive of GST also ?

One vote for Applicances Online. I have used them a few times and they even call before they arrive so you can make arrangements to meet them on site (or have the tenant around in your case). One time I was stuck in traffic and the delivery driver kept in touch with my via phone so I just...

Went to an auction on the weekend for a property with the exact same issue. The easment was huge and rung diagonally across the block. Was told it would be circa $60k to encase. Passed in substantially under expectations (vendor bid was $150k over the last bid). In terms of resale (if...

This may be a dumb question and slightly off topic but from my reading you are in negative equity ? If so, will the bank/lender even allow you to sell - how do they get security for the remaining $100k ? Surely they wouldn't let you have a remaining balance of $100k unsecured. Can you...

I have just placed an order for a system with these people: http://www.echoairconditioning.com.au/web/ They were recommended by family and also another tradie and had the most reasonable price. Was quoted both Daikin and Fujitsu but I think they prefer Fujitsu as it was a very large price...

Why don't you let them make a first move/offer. Speak with the other owners and see how they have gone in negotiations. You could even possibly run a simple feasability on the project and works backwards to see what their go or no go price would be. There would be plenty of assumptions...

Sounds like the same this (those UPVC doors). The showroom is still there (tenant left all their display stock behind) - free if anyone wants them. It is just odds and ends though, one colour of this, one of that - probably of no use - unless you wanted a single leaf of a bifold door.

Not something you want to write about on a public forum.....

We had a tenant who set up a showroom. They were importing window frames, doors and bifolds. The amazing thing (to me at least) was the the frames were made out of plastic/resin. Sounded just like a wooden door when you closed it. Would save on painting as it looks like it is supplied with...

Hi Alex, Welcome to the forum. Can you ask the selling agent to help co-ordinate the tradies on your behalf ? They would have a vested interest to make sure the reno's are done on time and to a reasonable standard.... after all - they have the job of selling the property. Might even...

Hi there, Welcome to the forum. Agree that the house doesn't look too bad. My thought would be whether you want to take the risk of demolishing and be left with 3 lots of land. What if they don't sell ? They won't generate a return whilst vacant (whereas if you had the house at least...

Agree with the others. When we last sold our PPOR the purchasers did want to inspect after the sale (sold under auction conditions). We were ok with it (other than the inconvenience factor) as the contract was unconditional. We also made sure the agent was with them at all times and followed...

Hopefully this will change as the market cools. The 'salespeople' that rode the wave of easy sales will be weeded out and the true professionals will remain. I remember as a kid when my folks were buying the real estate agent would offer to drive you to the property, happily arrange a...