WJ Hooker wrote:
chrislang,                 Where is the house? Maybe it could be worth another pest inspection by another company? Maybe the buyers could suggest the sellers could contribute to the costs? It would be hard to get out of the contract unless the pest inspection says that termite damage has caused a major structural damage.  They s…[Read more]

And here is another article for you about Due Diligence,  enjoy: http://www.invested.com.au/75/what-due-diligence-4176/

Hi Christian,I would call this article a good start: – "How to find a great house for a good price by asking the right questions", here are the links to part 1 and part 2. It is very…[Read more]

alfer wrote:
I'm really struggling to see the advantage of purchasing in a trust other than the asset protection especially if you can't negatively gear it?  Is the reason you can't negatively gear it because it doesn't incur many expenses?

I had the same questions and this article here addresses them all and more: h…[Read more]

Here is how you can find the percentage of renters in your "target" area: Go to census website http://www.abs.gov.au/websitedbs/d3310114.nsf/home/Census+dataClick there on "2006 Quick stats" link, then type in the postcode of your "target" suburb, click "Search" and then choose the suburb in list and click on "Quick stats".It will show a table…[Read more]

fallout wrote:
This has already been agreed on by the developer,  so there are no issues there. I'm more worried about the federal government and if there are any issues surrounding that. Is this dodgey? Could my current solicitor be obliged to report this type of activity?

This could be dodgy, changing the date on the contract to get the…[Read more]

Jon Chown wrote:
As to your 20% below list offer – you may well think that it is a good price (for you) but I can assure you that as an agent, it would not get me jumping to help you.   RP Data have an interesting calculator that shows the average difference between Advertised price and actual sale price and in the area that I am servicing the a…[Read more]

That's exactly right Linar, and in many cases buyer is kept in the dark about what's really going on, I mean has a vendor really set that threshold for offers or it's agent's games, trying to get a higher offer from the buyer. I called REIV  some time ago (they have a help line) and they confirmed what you and L.A Aussie are saying, that the…[Read more]