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  1. 7DD4

    Owners Interested In Renting Back

    Yep plenty more fish in the sea. This one had sellers willing to stay on for a year and was after ideas of what to do in this situation. No offers will be going in just yet. The other is an auction coming up with a $50,000 reno needed. The $450,000 is the ideal amount which would leave...
  2. 7DD4

    Owners Interested In Renting Back

    Just found out owners are building a new house so they will need the $$$ for the new build. 12 Month settlement out of the negotiations. The current owners have also built this house and lived in it for 3years so I'd assume that they would have some equity in it, might except a lower...
  3. 7DD4

    Owners Interested In Renting Back

    Not got the property yet just trying to work out were to start the negotiations. What's a sidcount ? I'm still coming to terms with all the abbreviations on this site.
  4. 7DD4

    Owners Interested In Renting Back

    12 month settlement don't pay any interest for 12 months saving about $20,000 The property increases in value 10% about $50,000 or worse case 6%=$30,000 So this time next year will have a property valued between $548,00-$565,000 and only paying $514,000 for it, and saving interest payments...
  5. 7DD4

    Owners Interested In Renting Back

    Spoke to the agent last night about the sellers situation : The sellers more than willing to be flexible and reasonable with all solid qualified offers. 1. The sellers do not necessarily need a quick settlement. Please let me know what your situation is, and what your preference is...
  6. 7DD4

    Owners Interested In Renting Back

    Thanks for the feed back !! Going to view the house this weekend, will find out more details. The house is in a new estate and looks like its been built by the owners. Delayed settlement sounds like the way to go, but I am assuming that they might need the money to : Pay the bank...
  7. 7DD4

    Owners Interested In Renting Back

    Asking price $480-$515 My max $450 The rent in the area for equivalent is $430 week. Any innovative techniques that would be a win win for the both of us ??
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