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  1. H

    Off the plan in Melbourne... withdraw issue

    That's what the lawyers I have spoken to said. Maybe I'm completely mind-****ed by the sales agent / lawyer or whoever I speak to because I'm being told different things...
  2. H

    Off the plan in Melbourne... withdraw issue

    The sales told us we cannot assign NSW solicitor to this contract as they cannot practice without Victorian licence which was why we accepted their 'independent' lawyer to help us with any contract issues + he was there to tell us if we are going to assign any Victorian solicitor later when it's...
  3. H

    Off the plan in Melbourne... withdraw issue

    Thanks guys for the help. Correct me if I'm wrong but don't we also need our solicitor's signature and their vendor's solicitor signature for the contract to be valid? Both were not present at the time. Again, I might be wrong.
  4. H

    Off the plan in Melbourne... withdraw issue

    It's an independent lawyer (meaning they have no relations with the company) that the agent offered to us so he can help us go through the contract. It's not our lawyer, not someone who we assigned.
  5. H

    Off the plan in Melbourne... withdraw issue

    Thanks mate. We are all looking into two years time... We did. We should've carefully double checked everything though. We wanted the independent lawyer to go through with it as well and maybe pick out few things which are most important and explain that to us but he didn't. Anyway, this is...
  6. H

    Off the plan in Melbourne... withdraw issue

    Good to know that. Thanks :) Excellent news. Are there high demands in the CBD areas (where we bought the property). I read an article not long ago about oversupplying issues and wondering if it effects CBD area as well. Thanks Trev for this. I must admit, it is our fault to sign the...
  7. H

    Off the plan in Melbourne... withdraw issue

    Definitely agree. Thanks for the advice. Really really important.. for us, this whole process was rushed through - they?ve told us they will close the expo last Sunday so we obviously thought it was our last opportunity to get the property so we rushed everything (funny thing is, they are...
  8. H

    Off the plan in Melbourne... withdraw issue

    We signed up to 40th floor, a bit bigger (55sqm) than the unit you are referring too. I agree with you, it?s not the end of the world but there?s few things that ticks me off. 1) We are buying a property that cost nearly the same as in Sydney 1 bedroom in a good location, I do think we...
  9. H

    Off the plan in Melbourne... withdraw issue

    Thanks Ivan for your help again. It was helpful talking to the property specialist lawyer.
  10. H

    Off the plan in Melbourne... withdraw issue

    Hi Ivan, Thanks very much for this. My email is [email protected] Please get back to me asap! Thank you so much in advance again.
  11. H

    Off the plan in Melbourne... withdraw issue

    I know... The property laws in Sydney and Melbourne is quite different I heard which is why I'm trying to seek legal advice in Melbourne (been calling couple of numbers) ... if you can, please recommend me someone... thanks so much for you guys help in advance btw.
  12. H

    Off the plan in Melbourne... withdraw issue

    Apologies as it's pretty new stuff for me to deal with but any recommendation on whom to call on the legal advice? I don't live in Melbourne so I was going to call the independent lawyer that this company offered, but not sure if he is the right one to talk to, to be honest.
  13. H

    Off the plan in Melbourne... withdraw issue

    He seemed like it. For example, we wanted to sign this contract under two person (and that one person wasn't with at the time) and he suggested to us to just send him a letter of authorization with the person's signature instead of the sales person who deliberately tried to make us pay $100 so...
  14. H

    Off the plan in Melbourne... withdraw issue

    Hey guys, Bit of a long story (mainly our stupidity of not researching it properly?) My family and I live in Sydney and we were looking to invest our money into a property. After looking into Sydney and not finding a place where we can invest, we went to this Australis opening in Rydges Hotel...
  15. H

    Planning to buy off the plan... cost?

    I see, how much do you roughly think 1 bedroom in Ermington is worth (median price)? I'm aware of that. There was a rumour that the jail will be moved to somewhere else... nevertheless, there's children's park there along side Newington town centre and I've been to both, very family oriented...
  16. H

    Planning to buy off the plan... cost?

    Silly me, I'll have a look into it.
  17. H

    Planning to buy off the plan... cost?

    Hi Jamie, Thanks for your reply. Can you recommend any good sites to read up on these pros and cons? + This is the property I'm talking about (already out in domain!) http://www.domain.com.au/property/new-developments/new-apartments-off-the-plan/nsw/ermington/?adid=2011796171&sp=1...
  18. H

    Planning to buy off the plan... cost?

    Yes it is... it is waterfront section but very expensive given the location isn't as convenient (it is close to Parramatta, 40-45 min drive to CBD). Not sure if it's worth investing into given 1 bedroom prices around the area is roughly 500k-550k I believe...
  19. H

    Planning to buy off the plan... cost?

    Thanks, I think once it's settled, we claim it back as well but wanted to make sure... I think I do.. But then again, if the property is over 600k, I don't think I'm getting much... Thanks mate, do we pay all these right now or when the properties are settled (running cost should be...
  20. H

    Planning to buy off the plan... cost?

    Hi everyone, First time posting here. I have few questions regarding buying it off the plan. I'm planning to buy a property that cost roughly 622k (1 bedroom, 1 bathroom, 1 car park space) in Ermington with my girlfriend. It will be built in 2017 so we have 2 years to pay off the rest...
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