Forum Replies Created
If you want to read another viewpoint I recommend http://www.thedailyreckoning.co.uk (the UK site is better in my view).
Whilst they do tend to exaggerate and hype, their writing entertains some thoughts.
D
“The biggest problem encountered while trying to design a system that was completely foolproof, was, that people tended to underestimate the ingenuity of complete fools.” – Douglas Adams
Just got my purchase agreement for me and my de facto from my solicitor for a purchase settling early feb.
$200 as he is already doing the conveyancing ($600 + disbursements) and sorting out wills ($200 each) etc. I thought this was rather high for a form they just fill in the gaps – they are fairly standard contracts, but after reading $1000 it seems bloody good value.
If you’re in (Port) Melbourne contact McCluskys, I can definitely recommend them.
D
I spent most of my wages on women, booze and fast cars. The rest I wasted. – George Best
Anyone, anything to say ?
D
I spent most of my wages on women, booze and fast cars. The rest I wasted. – George Best
Moving from Docklands (rented) to Glen Iris (PPOR) start of Feb.
D
I spent most of my wages on women, booze and fast cars. The rest I wasted. – George Best
Would this be the Macquarie-Perpetual 100% margin loan Rob ?
D
I spent most of my wages on women, booze and fast cars. The rest I wasted. – George Best
I have just used Advantage Property as a buyers agent for a property (settlement 4/2).
Service was pretty good, i.e. he negotiated a pretty keen price and gave good advice.
One thing they weren’t actually as good as me at (with my trusty browser skills) was actually sourcing what I wanted.
They supposedly get access to properties that aren’t listed on the web, or even listed, but I didn’t see that.
I suppose I made it harder as I just wanted good value not a specific type of property apart from a post 1985 built house/townhouse in blue chip area (Glen Iris in the end).
IMHO to sum up, they will probably help less experienced buyers a lot more (only my second property, first in this country), source yourself, and let them negotiate. It still hurts when you have to write them a fat cheque though. Although I reckon I wouldn’t have saved the amount I did off the asking price without his input.
It was up for 730+ auction Sep 2004, passed in at 680, on market for 2 more months, reduced to 650, got for 610. Valuation came in at 650.[medieval]
So I am still happy, as long as prices stay stable there.
D
I spent most of my wages on women, booze and fast cars. The rest I wasted. – George Best
yack,
why would any gain be tax free on the investment properties ? don’t you mean selling the PPOR would be tax free ?
D
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I spent most of my wages on women, booze and fast cars. The rest I wasted. – George BestI really wouldn’t say the UK boom is 6-12 months behind Australia, prices have been falling there just as surely as most cities here for the last 6-12 months (this is obviously the market as a whole – not individual properties and areas).
How can I qualify this ? I sold my property in London exactly 12 months ago when I moved here, Melbourne. It is now on the market for some 7% less than they paid me and still not selling.[ohno]
The only difference I can see is prices have stabilised somewhat here, although still a buyers market – I have just entered the property market here so I hope so anyway. This rebound is probably at least 6 months ahead of the UK.
There appears to be way more confidence here than the UK in the short term future of property prices in each respective country.
D
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I spent most of my wages on women, booze and fast cars. The rest I wasted. – George BestCeeyuin Court ?
For any of the more dubious off-the-plan developments.
I spent most of my wages on women, booze and fast cars. The rest I wasted.
