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I believe Islam is one such religion. Which is why they have very creative banking practices. I actually didn't want her to fix anything but take a bit off our high offer which we made in good faith assuming that the fundamentals of the building were in good order which it turns out were not...

I guess as the saying goes buyer beware. This is the exact position I didn't want to find myself in once settled so I went to a lot of trouble in organising tradies to check out all the major issues from the building report. Thanks, I am sure we will find another property! :)

I can think of lots of reasons, i.e. it may be against her religion to accept money for services or goods not exchanged, she may feel that we were transparent through the whole process and pulled out for legitimate reasons so feel bad about keeping it, she might be glad that we paid for a...

Hi Player, We pushed for a discount on Friday and the agent advised that the vendor was willing to move but only by a couple of thousand dollars. We thought before pushing on with the negotiations that we would visit the home from the outside again which we did on Saturday. After standing...

So we have had a plumber, carpenter, pest inspector and a roofing tradie all through the house over the last two days. The list of the more important issues and associated costs can now be summarised as follows with comments inline: $6000 - A water test revealed that the shower recess is...

The under ventilation issue sounds similar to what is present in this house. It seems that 40 years ago they weren't thinking about this? I don't know why not, it's not like humans have had houses for thousands of years :rolleyes: Appreciate your feedback on your "horror story".

Hi csc2, Is this a thermal camera that detects heat which can show active termites? Or is it an actual x-ray machine which can show structural integrity?? I have tried googling but only found the thermal service being offered.

Thanks Player for your feedback. The contract already started with a 10 day cooling off period. I think conveyancers have all agreed that with the current financial climate, not many people can get finance approval within 5 days. The contract didn't have a building inspection clause which...

Thanks Andy, good to see what can happen inside the walls. It is pretty scary stuff. I imagine it is possible this could be the case in a home with a positive pest inspection too right? My pest inspector has said that 80% of the homes in the baulkham hills area which he checks have some sort...

Absolutely, so while I think he has conducted himself with integrity at the end of the day he wants his commission cheque. True, true. Emotions definitely formed part of the deal as it was to be our PPOR. However, our increase which was only 10k between our first offer and final offer.

I think my agent has been truthful. I am a little suspicious of the vendor not knowing anything about the termites or the other more serious building defects. That's what I keep coming back to, the vendor will have trouble down the track if she doesn't negotiate on the price with me as the...

Hi MrsChatz, Did your home have building defects or termite damage?

Thanks handyandy for your comments. It really is quite frustrating not being able to tell how much damage the termites have done inside the walls. The building inspector says that while he noted some localised damage and knows exactly where they came into the house, the original formwork was...

You are very correct. It will be a costly lesson if we don't proceed. ] I know it is an old home, but I wasn't expecting any serious issues or a pest problem. As mentioned in my original post, it looked like it has been very well maintained and then mostly renovated. I wouldn't be thinking...

Didn't need one, as in NSW you can walk away during the cooling off. You simple lose your 0.25% deposit. If we don't end up following through with this property, next time I will make sure to do a pest and building report upfront. It is difficult with the timing though, as we could have spent...

Hi csc2, I can walk away with a small loss at this stage of the cooling off period. My wife does like the location and the home if all was in order, so we are hoping that we can sort this out with the vendor. Maybe we are being too optimistic?? Cheers

I have contacted today and requested that a plumber, carpenter, pest control and roofing tradie go and provide me with a quote for the relevant items to be repaired. I am 100% sure the other buyer would want a reduction in price after finding out about the more serious items. I simply put...

Hi Guys, We signed a contract for a PPOR last week. Unfortunately we couldn't do the Building and Pest Inspection before we signed as we were in a bidding war with another buyer and since we thought that the house was solid we decided to continue on to secure the property. The home is being...