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I will be coming past Cairns in early December with my LOC charged up and ready to boogie.

Yes despite all the D&G'ers you can always pull through even in a tough market. All you have to do is be seen to negotiate some tiny token amount and to spruce the place up a tad so that its just a bit nicer for the money than everything else on offer. That's no reason not to buy a place...

One example is: Owner has been told she has 12 months to live. So she decides to sell up and enjoy her last year alive to the max (spending whatever equity is released from the sale), then she can survive on the cheap just paying the rent without any of the worries. You also have to remember...

Both great buys and well done to both of you. Did you have to negotiate much or were the agents trying to get rid of them? What was the original asking price etc?