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I agree about the different systems. I have always thought it would be great thing if vendors all over Australia had a building and pest report done so that every potential purchaser didn't have to do it. I think this might be the case in some states, but not sure. It is hard enough to feel...

I don't have any experience of getting a big discount due to a cash offer, but last place we bought they had an offer of $450 (I think). They countersigned at $470K. While this purchaser was deciding whether to increase their offer, we offered $460K cash. Obviously the vendor had to decide to...

I don't want my answers to appear smart, but am just curious about why you would cancel an offer, unless you have changed your mind. I have only ever heard of people cancelling offers when they have signed a contract, and the vendor has not signed it. Perhaps the vendor is waiting for a better...

This is a "cash offer". No conditions. As soon as the offer is in, it is unconditional (except that nowadays there is a cooling off period). I could not cope with verbal offers, with the chance of being gazumped. At least in Queensland, once the contract is signed by both parties, it is solid...