My IP purchasing in Brisbane caused me headache again. Last time, it was just before the day I needed to pay balance deposit, I found out the agent mis-informed the current DHA rent. The rent was said $460 per week, but actually after I called DHA incidently, the lady DHA officer told me it is actually $430. It turned out to be that the agent calculated weekly rent wrong from monthly rent, and I did not recalculate the weekly rent by the monthly rent displayed in the contract either. Remember to get weekly rent, you need to divide the monthly rent by 4.3 something rather than 4. It will be a big difference!
Now I am under conditional contract with an IP in Enoggera, my solicitor brought to my attention that the house has a sewer main underneath across through the whole house. The owner built the house over the the sewer main by using bridging in about 1996. It was council approved. Now my concerns are:
1. If the sewer main has leak, the leak water can wash away the soil under the house and cause subsidence of the house. Or the leaked water can expand clay soil, and can cause structure issue of the house as well.
2. If the sewer main is broken or blocked, will the Urban Utility dig my house to fix it?
3. If the sewer main leak water, will the gas and dirty water cause healthy issue to the people living in the house?
I am unlucky in buying first interstate IP. My solicitor asked 1 week duel diligence extension already. What shall I do now? walk away, negotiate price or accept the fact?
In addition, my solicitor said the house is adjoining to a heritage house. And that will need me to get approval from city council if I do any reno.
Thank you for your comments and help!
Now I am under conditional contract with an IP in Enoggera, my solicitor brought to my attention that the house has a sewer main underneath across through the whole house. The owner built the house over the the sewer main by using bridging in about 1996. It was council approved. Now my concerns are:
1. If the sewer main has leak, the leak water can wash away the soil under the house and cause subsidence of the house. Or the leaked water can expand clay soil, and can cause structure issue of the house as well.
2. If the sewer main is broken or blocked, will the Urban Utility dig my house to fix it?
3. If the sewer main leak water, will the gas and dirty water cause healthy issue to the people living in the house?
I am unlucky in buying first interstate IP. My solicitor asked 1 week duel diligence extension already. What shall I do now? walk away, negotiate price or accept the fact?
In addition, my solicitor said the house is adjoining to a heritage house. And that will need me to get approval from city council if I do any reno.
Thank you for your comments and help!