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  1. chylld

    Due diligence in purchasing a property in Syd

    I've heard a lot of good things about buyers agents recently. Do they just handle the whole offer process for you? What do they do that you can't do yourself?
  2. chylld

    Due diligence in purchasing a property in Syd

    I'm contemplating refocusing my efforts to under $1m now, $900k investment sounds good to me haha I watched an auction this morning for a 4/2/2 house in Chatswood. Price guide 1.75, first bid 1.7, sold for 2.7. What. edit: more like 4/2/0 - it had no garage and you could only fit 1 car on the...
  3. chylld

    Due diligence in purchasing a property in Syd

    They don't mean jack all then do they :) But yes I agree that a few problems on the report is going to do jack all in helping you bring the property price down as there will always be another buyer who either has not done a report, or doesn't care about / underestimates the costs of those...
  4. chylld

    Due diligence in purchasing a property in Syd

    I also read that if the building inspection uncovers serious faults, and you forward these on to the agent, then the agent is obliged to disclose these faults to all interested buyers. Is that true?
  5. chylld

    Due diligence in purchasing a property in Syd

    I've relied on strata reports for apartments too... seems to reveal an awful amount but probably doesn't make the B&P totally redundant. Good catch on the upcoming levy, I had one recently too that was clearly marked in the upcoming maintenance costs schedule but when I quizzed them on it, they...
  6. chylld

    Due diligence in purchasing a property in Syd

    A property came up yesterday which I really like. Agent had clued me onto it beforehand so the listing confirmed it was what I wanted and within minutes I had a B&P inspection booked. Contract in hand as well and ready to make an offer as soon as the report comes back. Someone will probably...
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