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  1. Jamie M

    Legal question - OTP and keeping deposits

    Only by tapping into equity in another property. You can't apply for a loan for the townhouse and also request they lend some extra to cover renos. Cheers Jamie
  2. Jamie M

    Legal question - OTP and keeping deposits

    Personally, I'm not too keen on apartments in Canberra at the moment. Having said that, you might find some decent deals on the market for established ones that sellers are desperate to get rid of - especially if they're looking to upgrade and have committed to a purchase elsewhere. Cheers...
  3. Jamie M

    Legal question - OTP and keeping deposits

    I don't have an issue with Queanbeyan but do agree that it's a world away from Braddon. Cimbom, if you can go up to the $500k to $600 bracket there's plenty of free standing homes in the inner north. That way, you get the location, some land and you'll likely end up with a property that...
  4. Jamie M

    Legal question - OTP and keeping deposits

    Hi Cimbom Might be a blessing - the OTP market in Canberra isn't looking too good at the moment. Way too much supply. Best of luck with it - hopefully there's no dramas with getting out of the contract and getting your money back. Cheers Jamie
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