Well, after about 4 phone calls of negotiation we signed off on the contracts this morning. The details are:
Original asking price $395k - $420k
Purchase price $370k
Deposit $5k only.
Settlement 14th Feb 2003
It is 2 year old home with 5 bedrooms ( or 4 plus study) and in the end the real issue for the vendor was the settlement date.
The agent has asked me not to buy another property through her as she spent half the night negotiating . . . mind you, I was very pleasant and friendly (of course) I just held my ground.
Thank you everyone for your positive thoughts as I have no doubt it helped.
Bet you feel just great now Dale
Isn't a lovely feeling when your offer gets accepted and all your hard research has paid off? I can just see you now negotiating like a true gentleman but underneath sticking to your guns and not letting emotion get in the way....
Done like a true blue investor! Keep up the great work!