we need to know which lender you are going to use then it makes it easier to supply the valuers you can choose from or in reverse pick a valuer and ask him which Bank panel he is on.
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My mission is to enthusiastically inspire other people to become greater and more powerful today than they were yesterday.
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yes it gets frustrating but don’t give up have a listen to this one,
client of mine finds house and tells me where it is so i can inspect and make an offer but guess what there’s another offer been put in today so you need to put your offer in today or you’ll miss out (oh really!)
well unfortunately i can’t get out there today so we’ll have to miss out
i call the agent the next day to arrange an inspection he still try’s to stick to his guns and go along with the story that there’s another offer on the table (fine by me)
call the agent at the end of the day still claiming there’s another offer on the table, young gun real estate agent doesn’t realise you can’t bull***t a bull***tter I don’t belive him and tell him
8pm that night i drive 35mins out to the property and knock on the front door and ask the vendor if the house is still for sale GUESS WHAT!!!! yeah house still for sale no offers in
well vendor didn’t want to deal with me (I found out later Real Estate agent was vendors in-law)
received a phone call from agent whilst driving home well the abuse was hilarious I’m sure REIV would be proud
while this is all going on my client is wondering and wants to know whats happening
but there not all like that some agents are very helpful and i’m trying to work closely with them
Regards
Gary
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My mission is to enthusiastically inspire other people to become greater and more powerful today than they were yesterday
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Sorry Otto
but I’m going to have to disagree with you and say that the whole industry may not be sharks but that so many of them are why waste your time trying to hunt out which are and which aren’t
the only person that cares more about your money is you
call me cinical but i believe that if your going to put your neck on the line and invest why let some slick salesman convince you
people are better off spending time in a forum like this which i think is more beneficial
if you still don’t believe me you should see the application in front of me (2 property marketing co’s receiving 4% commission each before the property gets to the purchaser and guess what they supposedly recieved this property at a huge discount)
my suggestion to people is to learn as much as you can and do all the work yourself
My mission is to enthusiastically inspire other people to become greater and more powerful today than they were yesterday
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i’m a lending manager for a finance co. which i won’t name and in my experience when lending money for new purchases more often than not if an IP has been bought via an intermediary then it is over priced
in some instances when we’ve instructed a val some two years after the intial purchase (off the plan) the property is only just coming up to its real value yet these people bought two years ago at a huge discount
i also see tax returns everyday of the week and in most instances people with a negatively geared portfolio are praying that they don’t lose a tenant as this would cause a catastrophe in their monthly finances
wrapping for me is a much safer option and also at the lower end of the scale when it comes to committing your self for finance
in my daily routine lending money i come across quite a few people who are unable to obtain finance i currently have six clients who i’m locating properties for and only found out about wrapping a bit over a month ago since then i’ve spoken to a few people from this site and find that i’m on the right track
and guess what, haven’t been to a property seminar[][][][][][]
i got onto a Finance company that pay me $250 everytime i take out a loan or a friend takes out a loan. I got 5.9% no fees and redraw. If 4 friends take out a loan they send me and my wife to Sydney for the weekend airfares and accom incl plus $500 spending money on top of the $1000 go to http://www.stellarfinance.com.au and be sure to tell them i sent you so that i get another trip.
Absolutely inspirational[][]
Sometimes when you read a book you can tell its going to be a best seller and this one is.
I can see it now already No.1 on Amazon.com.
Keep up the great work
my suggestion would be to obtain pre-approval prior to next purchase. I was once a new australian and understand what its like in a new country. I am a Securitised Lender (lend people money to buy houses) would be happy to assist in you seeking pre-approval.
I’m no legal boffin but from what you’ve descibed you should receive your deposit back.
Contact me if you need help I’m in Canterbury,Vic [email protected]