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Id say that the banks just val at purchase price for these properties ?

Re: otp Or lose $50K if the market goes the other way Congrats on being honest and declaring your interest - its great you do that - if only more people would

Sure - but how do you know which are owner occupiers, which are investors that funded the deposit without a deposit bond, which are investors w/ deposit bonds who will complete..... and once you've sorted this out how do you know how to contact the soon to be owner ? (there are ways to do...

hrmmm Im sure the deposit bond companies would love to have the vendor flick the OTP on to someone else even if it is at a discounted price... as this avoids costly legal action for them wonder how their privacy policies stack up ? whether they would be able to release/on sell information...