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You can get a personal cheque within a week, may be 3 days. If not, get your solicitor to confirm the vendor is willing to accept bank cheque on Monday. Bring that confirmation letter from the seller solicitor to Auction.

It may turned some off including myself, but definitely not everyone. I just went to my solicitor office (Home based office) on last weekend. Her newly built house is directly under transmission line and the tower is just on next door. Happy family through.

OTP apartment? For me, print out a good check-list and inspect it yourself.

I have came across a house similar to yours recently. I have no issue with the sewerage in backyard, as long as no intention to extend or develop it. However the transmission line over the backyard was really a killer. I received the Contract for Sale, containing more than 100 pages...

True, my thought is conduct a search will tell the total of land tax to be paid, if any. correct? Thanks Terry

What is the worst case scenario if its ticked yes to land tax adjustment and you have no way to change it as a buyer. e.g. mortgagee auction. Thanks

Hi Peterw The property is currently tenanted. I have spoken to the agent a few times, he has tried it and will continue to, but it's the mortgagee delaying it. My Solicitor has also contacted the mortgagee but they have advised they are not in a position to enter into contract, but will...

UPDATE: I have got my solicitor to approach the lender. the feedback is the mortgagee said they are not in a position to as yet. I assume they have not issued notices yet. I have also tried to contact the mortgagee general enquiry number, but the customer service said they have no idea. I...

That's right. I was dealing with their selling agent. right now, I have only have my solicitor to approach the martgagee, the lender. How did you approach it and did you success on your purchase?

Hi Ausprop, I have requested my solicitor to lodge a caveat and approach the mortgagee, I will leave it as it is. I have moved on... another good deal is always around the corner. I don't believe the bank has started on the sell campaign. Its just happened within weeks. The contract is...

OMG... I think it's better to request all my deposit back, while waiting for the final answer. I am preparing to end up with nothing after spent so much time and some money for legal and inspection. :mad:

From the seller solicitor: The issue comes in that to enforce the Contract a considerable amount of costs will be involved and will not be recovered from the Seller due to their financial position. I believe this means the selling price is well under the mortgage due to the current market well...

I would recommend Scott from Depreciator. He done a great job for me just 2 weeks ago. Nice guy, knows his things and easy to deal with. He is always there only a phone call or an email away.

Great Info. I may have to find out the liquidator and deal with it directly as the last recourse. My solicitor said he will have a look into it and see if there is a way to get it over the line. I doubt it will be an easy way. I have signed the standard REIQ contract incl PAMD form 27C &...

Hello I have signed a contract to buy an established house in Queensland on end of Feb 13, settlement due on 2nd April 13. I have requested to extend the settlement 3 times (total of 2 weeks), due to B&P and finance. The seller agreed all the extension requests. When the time comes to...

Again, all has to be as per your contract with the builder. Cheers

The builder should have no right to go ahead with the provisional sum item unless it's approved by you. Let's say the provisional sum item you are referring to is appliances or fixtures / fittings. Assumed $10,000 provisional sum allowed in the contract. The builder should obtains appliances...

Refer to your signed contract to confirm if it's legitimate LD. E.g. may be increment weather can be claimed as extention of time. The proper way is to certify the progress claim amount and includes a variation (deduction for LD) on the builder claim as you go. However this will usually ****...

Yes, agreed. I didn't expect that at all. It's a bonus for me. cheers

Latest Update - Closed Case Well, what a 180 degree turn-around. Last week, the vendor has agreed to extend the settlement for 4 weeks with interest charges as per the contract. After several explanation on what happened, the vendor solicitor has faxed through a letter confirmed the...