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  1. MarkB

    Buying below 'market value' - how?

    I look at it like this.... re: My PPOR In economic theory a perfect market is said to exist when (among other conditions) perfect information exists (both buyers and sellers know everything there is to know). In real estate of course, this doesn't exist. When I bought my PPOR I knew more...
  2. MarkB

    Buying below 'market value' - how?

    Sometimes you can see / do things that others cannot: Like when we bought our PPOR, we paid $250k and the initial valuation was for $250k too. When I pointed out to the valuer that the section was subdividable (at the time I worked for the local council so I had easy access to both the...
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