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  1. Pa1nter

    Some advise on units purchase in NSW

    A couple more before and after photos,
  2. Pa1nter

    Some advise on units purchase in NSW

    Just an update for the flats for those interested. They finally settled on 30th March,purchase cost was $150,100 I have been staying in the town personally doing the renos for the last three weeks with one worker. I haven't had a total tally of costs yet,but in the vicinity of...
  3. Pa1nter

    Some advise on units purchase in NSW

    I am interested in your thoughts. You think??
  4. Pa1nter

    Some advise on units purchase in NSW

    Just updating on units, Unconditional as from Monday, 24 days settlement, Contract price $150100, Last rents were $80 per week x 5 100% occupancy rate with 5 year lease. After two week Reno and A/C's $100 -$110 week each. If furnished,add $40 week each,possible mine rental. Reno and...
  5. Pa1nter

    Some advise on units purchase in NSW

    It is actually 14 days since offer was accepted, Even solicitor was puzzled,maybe waiting for another offer?
  6. Pa1nter

    Some advise on units purchase in NSW

    I have just been told last night by my solicitor that the contract is finally on its way to me. I should get it Monday by express post. I have no idea why they took so long :confused:
  7. Pa1nter

    Some advise on units purchase in NSW

    Yes my offer has been accepted,so gazumping could still be coming my way :o
  8. Pa1nter

    Some advise on units purchase in NSW

    Thanks for clearing that up,seems the Title insurance is the best option. The vendor in my case is the NSW Government,so I hope not to have much trouble there ;)
  9. Pa1nter

    Some advise on units purchase in NSW

    Which one has the most benefit?:confused:
  10. Pa1nter

    Some advise on units purchase in NSW

    "Title Insurance policy" Does anyone here have a "Title Insurance policy" Is it worth getting?
  11. Pa1nter

    Some advise on units purchase in NSW

    Update, Envelopes were opened in the solicitors office, I have the highest offer by $10,000 ;) Now just to wait for the contract to arrive, :p
  12. Pa1nter

    Some advise on units purchase in NSW

    That all sounds good when you write it down, However I have found out who my opposition is (As you do :D) Another problem is the property is way under market (Will post details when all settled) There is plenty of time and room for gazumping, The opposition is local and into real estate...
  13. Pa1nter

    Some advise on units purchase in NSW

    Just an update, Vendor viewed both offers, Both unsuccessful at this time as they are identical. Please submit another offer and terms by Friday 3pm, I have just written out my final offer and will submit it Friday, If they take it,that's good if not too bad :( Start looking...
  14. Pa1nter

    Some advise on units purchase in NSW

    She said she had the envelopes initialed by a solicitor ? I do believe her,I also believe the only way this could happen is if the secretary gave away my settlement terms to another party,not the actual price (Which she didn't know anyway),just the terms. Damage done, Shake the dust off and...
  15. Pa1nter

    Some advise on units purchase in NSW

    I also thought that, I even rang the REA and confronted her. She insisted that everything was above board. The only person who knew my terms was the secretary in her office. I politely told the REA that I would not like her secretary to be involved in my next offer.:o Damn this is gonna...
  16. Pa1nter

    Some advise on units purchase in NSW

    Just got word from RE today about my offer on the units. Apparently my offer and terms were exactly the same as another potential buyer. This means now that now only two of us has a chance to resubmit another higher offer to secure the property. Will know more on Wednesday when the owner...
  17. Pa1nter

    Some advise on units purchase in NSW

    You and I think alike:p Units need a bit of cosmetic work and some minor structural work in the near future.(Wont stop them from being rented out) I was willing to pay more than the other highest offer anyway. I just put an extra 3% on top of their price just for good measure. 21 Days...
  18. Pa1nter

    Some advise on units purchase in NSW

    Well that was a waste of time:( I drove 12 hours to view the property. Did all my inspections. They wouldn't let me sign a contract ? I had to type up an offer on their computer and put it in an envelope I then had to put it with the other offers on the desk. I could have done...
  19. Pa1nter

    Some advise on units purchase in NSW

    You are very good,are you a detective? I don't know where you got your information,I didn't think I gave away that many clues:( How can I purchase a bargain if you blab it all over the place :D
  20. Pa1nter

    Some advise on units purchase in NSW

    Yeah I know, There always are other people waiting to sign the contract if you dont:p I have already committed myself this year with buying some land and building with tamawood.Plans are in getting drawn up.Should get a contract to sign in the next week or so. . Trouble with building is it...
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