Thanks guys for your input, have been reading a few more posts bought some stuff to educate myself a bit more.
I now know how and where I am going to start .

Caitlyn

Hi every one,

Just read all the posts on Mandurah very interesting.
I would like to add my bit now.
I have lived here all my life, born in Pinjarra only because Mandurah didn’t have a hospital.
My family are local Identities of Mandurah with streets named after them.
I would never consider leaving here as I love it.

Regarding the smell,…[Read more]

Thanks guys for all your in put.
What about another idea
We buy more properties with our son
He earns $75,000 year in the mines, has his own home mortgage of $165,000 worth $240,000
Has a property with us mortgage $190,000 Worth $280,000 Rent being paid $225.00 week.

How would that work
Caitlyn

Thanks Eric for your advise

I think this is what it boils down to but when we get it at a stable situation then they want 2 or 3 years figures and as we are in 50’s we dont want to wait that long till we have to buy

Any more suggestions

Up date on non settlement

Thanks for everyone input its been great.

We ended up selling the house for $10,000 more also bought most of our furniture for another $16,0000,they are really nice people.
We are still taking the other people to court, not for the money but so they don’t do it again and tell other people they got away with it then our…[Read more]

Thanks Guys,
As the deal was unconditional they have to prove they couldn’t get finance or at least try. They are blaming the broker saying he wasn’t working for them.
They told us verbally they had finance before finance was due when they came to measure up for there furniture.
They couldn’t come up with the full amount so we offered vendor…[Read more]

Thank-you for your suggestion markpatric
These people have 3 houses they have just sold their own home which they got around $700,000 for and it settles end next month.
So I say they are asset rich.
The track we are going down is:-
In a couple of weeks the house goes back on the market
When there is a offer I have to contact the solicitor to see…[Read more]

Hi terryw

Sue them for the full 10% deposit.
Can I do that?

Cheers Caitlyn

Hi Terryw,
Yes I only meant $4000 deposit.
In Western Australia for some reason we don’t have to pay 10% deposit. Any amount is ok

Caitlyn

Thanks Steve and Mel for your reply
I am a real estate rep. The deal was a conjunct with another agency.
Every thing was unconditional. All the papers were signed even transfer of land by the puchasers. Then they said they couldn’t get finance. They have 3 properties, there own home has just sold for over $700,000 ( they bought our house for…[Read more]

Hi melanie,
We are thinking of doing what you are selling our house and with the 500,000.00 equity buy a run down property in a fairly good area live in it for a year to beat capital gains sell it, and in the meantime be looking around to find p+ properties. We are also buying a block of land which we will build are last home on.(We are in our 50s Moya