fandibong replied to the topic Estate agent fined $20k for underquoting in the forum General Property 16 years, 1 month ago
… The advertised prices were as much as $80,000 below what T Som Properties had estimated on the vendors sale authority……$80,000 below estimated vendor sale… or in other word vendor reserve price? is it auction? if yes how much if the starting bid…. I think we as the buyer know that usually property will go 20% more.. than the…[Read more]
fandibong replied to the topic Australian Dollar: How low can you go ? Deal or no deal ? in the forum Opinionated! 16 years, 1 month ago
Will keep going down prob around 50cent before rising back again in long term…In short term.. this is due to the fact that share price worldwide crash, affecting australian commodity export price as well.because of the lower demand for australian commodity export like metal, iron, etc. . this plus some more interest rate cut in the next couple…[Read more]
fandibong replied to the topic investors stay out – give first homebuyers a chance in the forum General Property 16 years, 1 month ago
I just bought property yesterday, price is 10% cheaper than similar property sold 6 months ago… and I got 14k FHOG…. interest rate keep going down… and….. property price will keep going up… this is excellent news…
fandibong replied to the topic private valuation vs real estate valuation in the forum General Property 16 years, 2 months ago
Based on experience, valuer usually give a better indication of the "true" value of the property,.Agent usually is the more optimistic one, and more likely value at higher price range, simply to convince you to list the property with them. This is why sometimes we ends up with "unrealistic vendor asking price" because the vendor believe they can…[Read more]
fandibong replied to the topic negative gearing review by Govt – what is the status?? in the forum Help Needed! 16 years, 2 months ago
Anyone knows how long the minimum I need to keep the property as Owner Occupied before I can switch to Investment, without losing my FHOG?I always wonder why people don't buy as owner occupied, claim FHOG, then say after 2 years switch into investment and takes benefits from the Negative Gearing?That means you can take advantage of both worlds