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    Profile photo of herbpetersonherbpeterson
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    safeashouses wrote:
    It is the branch of the main sewer line servicing the old house currently. It cuts right across the middle of the block at an angle, so it would have to be moved to be able to utilise the block.

    If it is the sewer line from an existing house to the main sewer under an easement, then this can be moved anywhere by a plumber, as long as he has enough "fall" that it will run.

    Profile photo of herbpetersonherbpeterson
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    "Thanks for your response Herb,i read your previous post last December when you were going to buy in Nerang and  you said yourself you are a new investor.Your question was a contractual question….not an investing one. That doesn't mean when you have been through this process you can't still make mistakes or that you deserve disrespect for making what can be an exremely difficult decision. Poor Boshy has had the same treatment as me.
    I purchased both other properties with finance,but both contracts and this one were vastly different in their conditions to the others.My other ones were subject to financial approval but my last property had a vendor that was so relaxed about the whole situation,there is nothing 'usual' or 'normal' about contracts.
    Therefore noone really has this right to comment on 'what they don't know' do they? i never asked anyone to pass judgement on my RA,the jibe was my own opinion.
    Your question was not answered directly because i had a ream of advice from all of the lovely people on this link that satisfied my requirements i.e i was justified in my worry.
    So to the people who spared their time and thoughts….Thank You.
    Il let you know how i go".

    Profile photo of herbpetersonherbpeterson
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    mimimia,

    Respectfully, You asked some questions regarding this transaction, I replyed with a question in order to see what the details of the contract were, in order to try to help you.

    "What you don't know is that i was strongly advised by a trusted professional who is friends of the family to go unconditional on my loan.Also, the real estate agent who im dealing with has been instructed by mail by both the vendor and my solicitor because he has been harrassing me and my husband and nearly lost us as buyers and has actually lost previous buyers of this property due to his behaviour.Calls to me at 7.45am to urge me to go to my solicitor that morning even though we told him i couldnt make it for 4 days,calling me on sunday afternoons to call his vendor a 'cocksucker'  and an '85year old aresehole' for not wanting a strata inspection,abusing my solicitor verbally on the phone for insisting on a strata inspection even though there was one done just 2 months prior.Maybe you think this behaviour is ok judging from what you wrote to me? How could I think this behavior is Acceptable if its "What I dont Know"?
    Unlike you herb, im not  "a new investor"Where did you get this information from? i have got 2 other properties and have never had this experience before, Were the other purchases cash buys or financed? If financed were they subject to finance approval clauses?i have also used the same solicitor and broker so both are trusted.??I have been very successful and happy with my dealings with all these people. But not anymore.
    Also,i never blamed the real estate agent or anyone else for my decision,i blamed only myself.But thanks again for highlighting the STUPID bit.
    May i remind you that this forum is supposed to be a place of support and advice…so forget about giving me your thoughts unless it is going to be anything but that THANKS".

     I Asked my question as the first reply,obviously not what you wanted to hear, as no response, in order to "support and advise".

    I wish you well and I hope you get it sorted.

    Herb.

     

    Profile photo of herbpetersonherbpeterson
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    "and waived our cooling off period-we are serious buyers and there are no problems with the unit. However, we have one thing which makes me question my decision….we have pre approval of $420 000 with CBA. We only need finance of $360 000 which my mortgage broker is processing now.I exchanged contracts before getting final approval of finance with the advice of my mortgage broker"

    "My first decision was to tell them to go to hell-we will wait for finance,then my broker strongly advised me to go ahead,so,stupidly i did."

    Thats like wiping your butt before you go. You can do it, but it just don't make any sense.


    ",and the real estate agent also looks like the uncouth,unprofessional he is."

    Why blame the realestate agent,? He /She didn't sign unconditionally. You should have had this put in the contract yourself, if you wanted this protection.

    Are you going to be the landlord of this property if it succeeds?

    LVR  = Loan to value ratio.

    Profile photo of herbpetersonherbpeterson
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    Is the brickwork painted?      If so then cornice cement won't adhere very well.

    Profile photo of herbpetersonherbpeterson
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    Was the contract subject to finance approval?

    Profile photo of herbpetersonherbpeterson
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    I doubt mining companies will close and walk away from massive resources (that they can't take with them)

    for very long.  People don't seem to consider it is also an investment for the company, you can't easily liquidate the resources,

    and buy something down the road.Devil

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    Thankyou for your opinions they give me another perspective.

    Herb

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