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I don't really understand the whole hedging/split concept.. I suppose it smooths out the fluctuations a little.. but if I really wanted to smooth out the fluctuations & had any faith that I could predict the market.. why not go 100% Fixed? My uneducated opinion isn't worth the paper it could...

Gah I dont see how they can move settlement dates without significant penalty.. in my case im renting & id have given notice to my landlord already... other people might have timed settlement with the settlement of their current house.. Either way.. the purchaser ends up homeless till the...

If you are in a position where your in no hurry and are prepared to lose places to get one at the right price, then you are in our exact position. Id recommend getting the property off the market asap, if you dont, you might end up 10k out of pocket if you have to outbid anyone (if not much...

Getting Double-Taxed on Savings just seems so broken...

very philosophical =)

Yes this is exactly how I feel, there is no point hiding addresses or photos, all the buyer and seller is trying to do is locate properties that meet their needs, within their price-range. Creating extra layers of administration for both parties is just wasting everyones time, happened to me...

I still find the whole bidding game a bit annoying, the Real Estate Agent keeps asking for your 'best price' but clearly you cant give that straight up or you leave yourself no room for negotiation... it obviously is another story if you have other bidders, you cant mess around or they could...

On No Listing Addresses: Its the same Agents each week that do it each week.. its such a tremendous time-waster for potential Buyers, its like a power-trip for the Agent, so yeah id pass straight over them when putting together my open-house list for the weekend, unless it really looks looks...

its a good article.. and it all makes sense.. im certainly finding not a lot of competition for property where im looking, so I think prices have fallen a little... but in other suburbs I have been to, there are still queue's out the door to get into an open house.

I did call one strata company to attempt to do that, you make an appointment and pay a fee + photocopy costs, but in the end it does sound like a lot of manual work getting the owners signature & then treking through the records and copying it all.. but if you have time perhaps. I think id...

Oh I forgot to mention a few things I have learnt: 1) Sometimes I have seen extracts of the Strata Report in the Real Estate Contract, but I bet they hand-picked which pages went in... 2) The Strata Report isnt foolproof, its not a legally binding document (yet your supposed to risk your...

Welcome to our world! So hard to find a very specific sized property in a very specific area, that ticks most/all your boxes, and when it comes up you still need to win/agree on price! We just missed the place of our dreams because of pet issues, I can share what we learnt.... In regards to...

The Strata Reports cost between $220 - $280, your solicitor can request it, or you can request it yourself from sites like http://www.reportexpress.com.au/ we got one done on a property with dodgy renovations, it had info like the different strata laws/changes, especially useful if you have...

- Cooling Off Waiver - I had one real estate try to tell me it was standard to waive cooling off, but the standard should be 5 days, and more if you want it, though again if there is a lot of interest it makes sense that the seller might be more pushy with hurrying things up. But frankly its...

But im not sure you have any real reason to pull out of your contract due to finance (and get your 10% back), unless you were able to get your solicitor to write it into the legal contract you exchanged? I dont see how anything you said in your original offer is relevant once you are in the...

Nice Sum Up Thanks.

Hi guys, maybe it differs by state (im in NSW), and no doubt I am probably missing something obvious! But as a real-estate n00by, the more I read, the more confused I get, because people seem to be giving conflicting advice on the very basic topic of how to make an offer on property. The...

This is my major fear as a buyer, I have more than 20% of a deposit, but despite all my hard work, when that bank valuer comes out, if he undervalues it, I dont get the loan.. So when is the right time to get the bank valuation done, i.e. before contract exchange or afterwards with a finance...

Yes I think you summed that up well Marg ;-) I guess im curious whether a solicitor/conveyancer can write anything into a sales contract that could help in this situation? I get the feeling that nothing legal will stop us needing Strata's Permission "post-sale". Failing that, is it...

Hi all, we are first home buyers, looking to buy a "complicated" property: The property in question: This unit was originally a massive 1bdr+Loft+2 Bathrooms, but the previous Owner-Builder has converted the loft area, so that it is now 2bdr+Study+3 Bathrooms. It looks great! However...