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Sorry to drag out an old thread, but I feel I owe it to all the helpful commentators above. The end of the story is that I was able to get out of the contract, but that took weeks of negotiation, $3000 and large amount of lawyer fees. A very costly mistake. I was sure, that the property...

re re I was referring to vendor's conveyancer. But my own also closes for Christmas as well. I guess, the next rational action would be to find a structural engineer. But, when they said that the contract is now unconditional, it really got me worried. Thanks for the kind words. I did...

This is my first time with conditional offers / for sale, all of my previous properties are by auction - unconditional. After I ponder over the inspection report, I decided to terminate the contract, because what I interpret as major defects of structural nature. I contacted the REA, and...

Hi good people of somersoft, very stressed at the moment. Wishing some advice on how do I proceed from there. I recently bought a place, and subject to building and pest inspection for major defects of structural nature - the agent put there for us. The expiry date on that is 13/01/2015...

3 bed PPOR - Glen Iris Vic 3 bed 1 of 2 - Kew east Vic 2 bed apartment - Box hill Vic 2 bed tiny house - South Melbourne - Vic - (was PPOR now rented) Now looking again, but Melbourne is SO expensive at the moment.

I know, Melbourne is crazy! There was one housing commission house in Glen Iris (advertised as Glen Iris, but really in Ashburton...) 20.5m x 38.78m land, and still in an area where there are other commission blocks. It went for a wooping 1.55 million! I dont know what they are going to...

I saw the article on domain.com.au as well. It seemed the place is catering for the higher end business travellers. But I have a few reservations regarding this plan which looked great on the pictures. 1) There is only one single bridge connecting the development to the mainland. Whats...

re Thanks guys. But this time, its my wife who had this gut feeling. We neither of us are from financial background. But will definately talk to my accountant and bank manager.

re thanks guys. I thought so. I was so close to make a non financial condition offer! I was going to press the send email button before my wife had a gut feeling that offset account is not redraw of home loan. Hmm, I better talk to my accountant!

Hi good people of Somersoft. I have another technical question. I have this situation, I have: PPOR - which I live in, with a loan amount of 850 k. I have 850K even in the 100% offset account The reason I did this, because, I did not know if I was going to rent PPOR out later on, and...

re thanks for the replies. Took the plunge and called. Never thought, 1/2 issue of investing is get in touch with someone. :)

Hi all: I am a long time lurker, and first time poster. I have this issue currently that agents not returning emails (or calls). First of all, a bit of background about myself. I currently live in Melbourne, and have total of 3 investments. When buying properties in Melbourne, it...