Forum Replies Created
she has that super-flu
her 2 P.A's (wow) are on the case, but Im not sure they have the same kicking power. both have soft sweet voices, I need a big growling bear right now.
0.25% rise
I have a flip opportunity but not sure how it would work.
I bought a house few weeks ago for 300k, sunset clause meaning vendor was free to take other offers, but must first allow me 3 days to go unconditional. new offer of 325k came in.
can I flip this house to the new buyer?
My solicitor has details of new buyer.
Im in QLD, how would this work?
How would new buyer go with building & pest, ie would they be allowed access?
Is this ethical?wow, sarcasm in another language?
thankyou for proving once again how much smarter you are than us.
solicitor says he received new offer yesterday, but cover note says I have till 5pm Thurs. he says its a cunning trick to make me elect a day late.
but heres the bad news……mortgage broker suddenly out of contact. ye gods!
Im not in Sydney so Im only going on online gut feel……Sydney as a whole I think is the most undervalued city. There is obviously a tipping point* as you head west and I expect that point to move west as the eastern parts move up in price. geez I hope that made sense. where exactly that point is I dont know. But I think if you buy in the most easterly suburb you can afford you will do OK
* = moving from suburbs with rising prices to suburbs with falling prices
actually the comment was directed more towards foundation, who seems fixated on public displays of contempt for me. why? who knows. who cares. forums are often filled with people who are stupid enough to think if they make others look bad it makes them look good.
having said that, I thought Richards comment was inappropriate and implied my broker was incompetant and I was a fool for hiring them. And he never did explain what he meant.
I really dont see why there needs to be any negativity between posters here. We are all here to learn & help others.
I think you will regret it if you wait to buy as prices are on the way up.
Its truly sad when someone uses a forum named “help needed” to put the boot into others. I pity you
whats the matter………dont you enjoy life or something?
does your stain has a U.V stabiliser?
a binding agent?
you using a mask & gloves when handling oxide?
is your home brew toxic?
where did you get the recipe?how will it look in 12 months?
well thats a big assumption you are making.
she could have taken the weekend off but instead was in the office for me. she goes as far as to harrass senior bank employees when the bank drags its feet. she is as close to a miracle worker as you can get.
quite happy with her performance thanks!
she would defend herself, but she is too busy putting deals together to post on a forum.
your attitude to the area is the same as any local.
the locals are still consumed with the “deadcliffe” mantra and cant see what they have. go to northern beaches in other cities and see how good you have it!
“Kipparing, rothwell etc you might as well be living anywhere as you’d have to drive to the beach.”
oh dont buy Dover heights or anywhere in those eastern suburbs of sydney, as youd have to drive to the beach. its just as silly.
you dont have to be ON the beach. you can get by being NEAR the beach. yeah, ON has better cag growth…..but most of us dont have a few spare mill for those deals.
when I first looked at Redcliffe 18 months ago a house was 200k at most. but agents were all “yeah well youre looking to buy at the top of a boom” I looked at em with one eyebrow raised. top of a boom. HA! ok ok, growth had been double digit for 3-4 yrs previous……..but off such a low base.
The mortgage broker didnt say how the rent was made, but the valuer did.
our intent (as far as the bank needed to know) was to live in the granny flat and rent out the house. but we only need to make this argument so the bank can see its viable long term. we are holding for 1-2 months only.
how can I go unconditional AND ask for an extention on a condition?
Growth isnt my concern as it will be a quick reno then back on the market.
“ask for 21 days before contract goes unconditional”
you mean finance 21 days instead of 14? why would that speed up solicitors & banks? dont they drag their feet till its unconditional? on a 30 day settlement that leaves 9 days for them to pull it all together. am I missing something?
“Why not just pay cash for the property and then worry about the financing after settlement.”
wow thats brilliant. why didnt I think of that. hold on a minute while I pull it out of my rear end. wheres the punchline?
Jase and Flic wrote:The cheapest ready made stain I could find was about $40 for 4litres.not if you go to Bunnings!
when doing a reno, time is equally as valuable as money. buy ready mixed everything!
its a false economy taking shortcuts.
The agent told me the flat already has council approval, and that it did have a kitchen which was removed to create additional living space for the daughter & family. disconnected plumbing confirms this story. anyways I was only going to make it look the part as the new kitchen is for the house, old kitchen from the house going into the flat. had no intention of using the expensive new kitchen in the flat. of course the solicitor wont bother doing the council search until its unconditional which would then be too late anyway. council approval is not the urgent issue anyhow.
A property with 2 incomes (ie positively geared) is rare and I certainly wont walk away that easily, especially when its under market value.
I think its a mistake to think property carries more risk than shares. The only difference between the two is that shares change value by the second, whereas property might get revalued once a year at best. If you ran a “house value ticker” updated daily you might be surprised at the volatility.
The other issue, is that all shares in a company are equal. Whereas all houses in a suburb are different. With shares the value is always known by comparing the sale of other shares.
In 2003 I hinted at the possibility of some property values falling by 30% and was laughed out of town. We can now see that many suburbs did in fact fall by that amount.
If shares were revalued once a year 1987 wouldnt register a fall. You must also take into account the issue of liquidity. Shares can be sold @ market value, whereas selling a house you might have to sell 10% or 20% under market to get a quick sale.
Jon
when we talk about "getting anything under 300k" we are talking about the average 3 bed house on a block of land.
to complicate the argument by trying to include 1 bed units with zero land content is beyond sense.
Im not interested in any argument debating whether units are better than houses. Land appreciates in value and the building depreciates. Your bias is obvious. You have a right to your opinion (and thats all it is) but when you make statements such as
"I feel sorry for those members who are perhaps swayed by them."
and
"While Houses do have a better cap growth than units the difference is far less than many uneducated people will have you believe. "
this smacks of arrogance and patronism. the members of this forum are the smartest and most educated of any other forum Ive been a member of. you catch more flies with honey…….
houses Jon, houses
units dont count
nothing in Bris under 300k, head out maybe
I was referring to laminate. you can put poly on it, done it before. most buyers now are aware of the water issue with laminate floors and may be put off by them. it is virtually impossible to repair once it happens. all the boards must be taken up, which means architraves & skirtings off…..eek. people often dont think and mop the floors……..YIKES!
thin the poly down with 30% turps for first coat. then full strength on #2. #3 is optional. use satin, never gloss. brush with the grain. touch dry the next day but wont harden for at least a week, so use care with chairs etc. spiked heels can damage during first week. recommend applying in evenings.
