Search results

Thanks for that Tizzy. GoAnna - the NAB are holding three properties worth 1.3m (bank valued at) with debts of $933,000 all up. At the end of last year they were going to increase our loc and gave the impression that there would be no problems but they wanted to see the seperate land titles...

Well just before I go off and slash my wrists just letting you all know that not only did Yanchep fall over as the buyer was unable to sort out any finance but today about a week before our refinance which would have gotten us out of the poo big time NAB have cancelled on us. They were meant to...

Hi Kenneth That is fantastic news regarding the rent! If we do sell number 48 then I am definetly not putting 56 on the market. At this stage I would still prefer to sell as we have an equity loan aswell as the house loan so I can lose another $3,000 per month if we sell 48. I want to...

Hi PC1 We had an offer on Sunday which at this stage we were happy to accept. The offer was only for $440,000 but this was $60,000 MORE than the investor offer a few weeks earlier, he offered $420,000 initially but then dropped it dramatically to $380,000 as we tried to negotiate. So even...

Hi Ausprop Thanks for confirming that for me! I had been told that the interest is coming back and the agent told me that one of the families that came around last week have gone to look for finance so fingers crossed on that one, also the good news is that yesterday we got an...

Hi Analyst It really doesn't matter whether you believe bank valuations or not! The fact is that we are all very dependent on those valuations when we come to re-finance and take out equity to help us to move forward without having to sell, in most instances the bank valuations are...

Hi Y-man It might be a good idea to get those other properties out there sooner rather than later according to this article so that you don't get caught out aswell! Cool buyers dash hopes of rebound Date: May 4, 2008 Of the 795 properties up for auction, just 60% were sold, making...

Hi handyandy It was very low ball investor offer, well below the prices people have been suggesting on this thread and as I need to come out with a reasonable amount to help with one of my projects over here too low to accept. The people who have been looking over the last few days are...

Hi Analyst Sorry if you think I was getting personal but hey you started it by calling me dishonest! I do appreciate peoples input but sometimes it doesn't always come across in the right spirit. When I try to offer help I suppose I do it in a different way.

Hi Bill Because in August the Marmion bypass should be up and running and speed up travel times to the city and because there is a lull generally at the moment whilst everyone waits to see where the economy is heading. In 6 - 12 months time things could be very different. Only one...

Of course you don't! I take it that comment was made in the light of you trying to help me sell? Love to know how I am 'overstating'? Although I would have thought that a property inviting offers and therefore effectively with no price tag and another priced at $419,000 which is identical to...

Hi Analyst How dare you accuse me of being dishonest! The house is 232 sqm so you are wrong as it is a very respectable size. What you need to understand is that initially when we listed the house for rent houses on the estate of a similar size were selling for around $550,000. The bank...

Cheers I will! If the NAB hadn't been putting us through hoops since last October with our LOC against Port Kembla we would be home and dry but their delays have sent us to a dark place from which we shall emerge triumphant but meantime if someone would make an offer on something it would...

Open to offers Just to let you know we have now hit the 'Open to offers' button for Yanchep!

Update Well things have now become more urgent as I can no longer keep up with loan payments so further reductions if anyone is interested. Yanchep - originally advertised at $550,000, now advertised at $489,000 but will offer it to investors on here at $469,000 Shoalwater/Rockingham -...

That depends on what you can negotiate mine are around half of that and if anyone is paying 15% they need to shop around!

Thanks Ausprop, I think a lot of the houses are getting those sorts of rents on there now and it can only get better!

Hi Casper007 Sorry I missed that. The Shoalwater house is Gemmill and Yanchep is Celebration Homes.

Hi guys Rightio then here I am feeling a wee bit better. I lost my 'proper' job recently and had just opened a rejection letter for a dream job so not doing too well on top of all our other bad luck when I first looked at the post. Firstly I didn't invest in either property for yields...

I don't have the heart for anything much right now. I am only pointing out that there are many posters in this section who have provided far less details than me who are not questioned so rigorously.