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Go and get yourself PDS live, whatever you do, don't trust the real estate agent.

Definitely be very wary of spruikers, especially those who are selling their own stock.

I agree, vendors find themself in very emotional circumstances when attempting to sell their home.

I always put my written offer in first, then when it goes to contract, I put my standard clauses in, and before countersigning I then engage in a solicitor, depending on the deal. With more in depth contracts such as options or off-the-plan I will consult my solicitor earlier.

I would like to see how many of you would choose to get an independent and registered valuation before purchasing property??

Some sound advice here Aaron, the listing price is irrelevant in comparison with the numbers.

Definitely something a bit different isn't it! Another great way of passive income!

You would typically only run one 100% offset account, and you're right, Commonwealth bank do not have one, even though they say they do. Suncorp have a good one, with competitive rates.

You only get what you negotiate. I often start with 50K less than their asking price. If your first offer gets accepted, you have offered too high. You need to find out what motivation level of the vendor is.

Absolutely, as others have said, settlement can be however long the buyer and the vendor agree upon. Don't let the real estate agent convince you otherwise, as they naturally want a quicker settlement because it means they get paid sooner. All depends on the situation of the vendor and the buyer...

Definitely some useful information there for you mate, have you decided what youre going to do?

I imagine it would be alot more difficult to get things done without a broker on your team.

so you are saying that during a credit check, it would arise that I am the director of other companies, and they would do a land titles search with my those companies as trustee? Ahh that would be a piece of information that I have been missing. Or In other words I would have to come up with a...

Perhaps this may have been said in a more civilised manner, however, direct and precise is effective. I know there is no way I could stay at home until 28 years old, so you may be commended for that. It has been a good financial move that is for certain. You may want to make a note of following...

Do your homework and you numbers. Make sure you buy where mining is not the only industry in town. Call up the city council/shire and ask for population reports ans planned infrastructure. Town planners can be a wealth of information, as can real estate agents believe it or not. Don't rule out...

Thanks Terry, even though we are signing a personal guarantee, the company is trustee of a trust, so the company does not own property, which means that in an asic search it can not be proved that that this company owns property; which is true, the company is trustee, and if this is the case...

I would like to hear your take on these circumstances. Buying a property off the plan, once you put your EOI in, the contract gets delivered to you, and the contract goes unconditional, the remainder of the deposit goes into the solicitors trust account, and the developer can now access it, once...

$1000 is all you need to secure the property in terms of a deposit, don't listen to the real estate agent, they are not in control; you are.

I dont really like the idea of hotspotting, because a hotspot for me may not be a hotspot for you, due to affordability variances etc. However there has been some bargains in Kurralta Park, in particular the units.

I would definitely recommend speaking to your accountant about this. If you are wanting to change entities it is known as a selling process, which means you will have stamp duty obligations, although difficult to comment without knowing your full situation.