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Thanks for your comments, guys. I've made 2 verbal offers (one vendor wants 5k more, the other vendor wants to have a bit more time to decide (til this afternoon)) and I still haven't signed anything. But I am not in a hurry and I am sure something will come up soon enough. I have, however...

Thanks for your reply, alexlee. I will let you know how I go. :) Empty Pockets, I have read/heard the same thing from many people on this forum. Would love to know how many strata properties you have purchased without P&B and had absolutely no problem further down the track. b&p report is...

Hi wobbycarly, no, you lose the 0.25% deposit coz the vendor had to take the property off the market for you. I did ask my solicitor and REA whether I could get the deposit back, and they both said no. :(

I understand what you are trying to say, alexlee. Part of me thinks $5k is not much when it comes to serviceability and repaying loan but part of me doesn't want to give in to the REA. And it's going to be my IP so I have no emotional attachement to the property. If I don't get this one...

I'm pretty confident that the price that I am offering is right and fair. I'm offering $370 and similiar properties were sold for $360 - $375 in the area. (The vendor paid $350 when he bought it brand new 4.5 years ago.) However, the REA kept pushing for $380 and I told him if someone wants...

Hi, I am buying my first IP in NSW and in a dilemma as to whether to get P&B Inspection and Strata search done before putting 0.25% deposit or after. I have made an offer 2 weeks ago, paid 0.25% deposit, paid to get inspections and report done, and then had to pull off during the cooling off...