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    Land Tax Clearance

    My son is purchasing a boarding house in NSW that is land tax exempt. To get the exemption, however, the owner must apply to OSR each year with a stat dec stating the property is a BH and will continue to be a BH through all of 2015. The vendor has already applied, but the OSR have not...
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    Commercial property conveyancing

    My daughter in law is looking to purchase a commercial property. Can anyone recommend a good solicitor in NSW to conduct the conveyancing?
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    Desktop valuation?

    Are there any lenders who do refi up to 80% based on desktop valuation price only? I have recently had the experience of a WAY below market valuation and whilst it didn't affect the deal (still < 80) I would like to know in future what lenders I can consider who will refinance based on...
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    Second Mortgages

    Are there any lenders who are willing to provide a second mortgage on a property? i.e. go on title as the second mortgagee?? I am in the situation of having an IP with 600k equity but a fixed loan against it. Would like to avoid break fees. Existing lender v. limited on top ups/cash out...
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    Government Notified Sale

    Is there any way to avoid your purchase becoming a 'government notified sale' and therefore available for all future valuers and purchasers to see? I am looking at purchasing a property that is an off market listing. I don't want my PP (in my opinion well BMV) to influence future bank...
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    Renovation prior to settlement

    If the vendor allows possession and renovation by the purchaser prior to settlement, is it possible to get a lender to provide 80% of funds based in a valuation HIGHER than contract price? Has anyone ever tried this?
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    Finance issues after unconditional approval

    Is it possible to encounter issues after exchange and prior to settlement with unconditional finance in place? I am considering a deal with a longish settlement period (3 months). After unconditional approval has been issued can the finance provider ask for further documentation, more credit...
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    Can vendor lease post exchange

    I am looking at a property which is currently being sold subject to existing tenancy but the tenant is on an expired lease. The vendor will not agree to alter to vacant possession. If I signed and exchanged with the existing contract, is it possible for a vendor to entertain into a new...
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    Offer and counter-offers

    Imagine....3 properties in one line on the market for 3 months. Offered $100k less than asking for each property as purchase in one line. Counter offer of $50k less than listed price for each ad purchase in one line. Went back and increased offer by $15k per property. Vendor rejected...
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    Ridiculous bank valuations

    My partner owns our PPOR outright. In Lower North Shore of Sydney. Purchased for 2.5m in Jun 2008. RP data value of $3-$3.5m which is about right given sales over the past couple of years (although turnover is really low in this neck of the woods). Just looked to one of the majors to take...
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    Negotiating directly with vendor

    Has anyone ever managed to negotiate directly with a vendor? Not attempting to avoid commission to the RE agent at all- just trying to cut down the BS when negotiating price, terms and conditions between professional investors and professional vendors (eg developers etc). Is it possible to...
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    Boarding house as going concern?

    I am looking at purchasing a boarding house which is being sold subject to existing tenancies as a going concern. I wish to obtain vacant possession- is it possible to do so but still be considered a sale of a going concern by the ATO. All the existing tenants are in expired leases and the...
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    Tricky question

    I own an investment property near Byron Bay NSW with my mother (as joint tenants) valued at $1m. I took out a loan of $500k in my name only to fund my purchase off her last year. The property was uncumbered prior to that. Is it possible for me to access the equity remaining in the...
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