hi guys
i'd really like some advice on our situation.
we want to put in an offer on a townhouse (one of only 4 units) for our first IP. the agent told us that they've got an unconditional offer already of 335K.
we're happy to offer a higher price as we've done the research and being quite familiar with the area, we're sure that the property is worth more than that. but we wanted to put in a building and pest inspection clause in, just to be sure that everything's in order. the agent then told us that the vendor wont look at anything with a clause in it, and now we've only got 24 hours to put in an offer.
problem is, we can't get the inspection done within 24 hours. and we havent received sec 32 yet. my friend told me that sometimes body corporate will have insurance for the building, so we'll need to check that it says that in the sec 32. the building itself is quite new, under 10 years old.
what would you do in our situation?
put in an offer without clause (this will sound silly, but we assume that since the other party is willing to go unconditional, that they're sure that the building is in good condition) ? or it's not worth the risk?
i'd really like some advice on our situation.
we want to put in an offer on a townhouse (one of only 4 units) for our first IP. the agent told us that they've got an unconditional offer already of 335K.
we're happy to offer a higher price as we've done the research and being quite familiar with the area, we're sure that the property is worth more than that. but we wanted to put in a building and pest inspection clause in, just to be sure that everything's in order. the agent then told us that the vendor wont look at anything with a clause in it, and now we've only got 24 hours to put in an offer.
problem is, we can't get the inspection done within 24 hours. and we havent received sec 32 yet. my friend told me that sometimes body corporate will have insurance for the building, so we'll need to check that it says that in the sec 32. the building itself is quite new, under 10 years old.
what would you do in our situation?
put in an offer without clause (this will sound silly, but we assume that since the other party is willing to go unconditional, that they're sure that the building is in good condition) ? or it's not worth the risk?