lol couldnt of been much of a chippie!!!! i dont want the cuts to be 45 degrees in the corners, the correct way to do it is butt join no idea how they cut the bevelled edge though??? it also has to be correctly glued and clamped to seal the join up properly.

wondering if its 14 days from the original settlement date???

Thats terrible Trakka at least ours is an IP, it did stuff me around as i just got back from Brisbane and was supposed to continue my holidays back in melbourne to get the reno started, but instead i've had to go back to work until it settles god knows when that'll be and then inform my employer oh by the way i'm having the next week off.

Pretty sure property managers Trance

Thanks to both Elka and Marg for your replies good point Marg on the 30 days notice.

Vendor posponed settlement from tuesday until friday becuase the transfer documents have not been stamped by their bank. Now they have posponed it again but they havent given my conveyencer a date,  i have informed my conveyencer to issue them with a notice of recision which gives them 14 days from friday  to settle the property or the contract be…[Read more]

Wow 10K for a bathroom seems a lot to me, cant say i have done a bathroom yet but being a Elelctrician i have a few tradie mates who will help out. I plan on ripping out the existing shower replacing it with a $200 claw foot bath re tile above bath, re tile above vanity and the boards will be polished.Which auction houses do you go to Kiz.?

Blaze if the property was built before 1987 then you will not be able to claim the building depreceation, QS can i think depreciate things like existing Air Conditioners, Hot Water systems, (Fixtures and Fittings) but if its under a certain combined value then its not worth getting a QS out. Please correct me if i'm wrong guys

no one with advice out there, common guys i'm sure you all have a learning experience in dealing with a prop manager to share with everyone that just might save us all some heartache..

Will speak to my accountant thanks Terry.

Yeah Trakka same property basically my conveyencer sent them a letter saying reduce the price or we will rescind from the contract due to the added date and building inspection  they didnt reduce the price so i got all my documents in to order ready for settlement and informed them on the 31/1/08 that we would be going ahead with the purchase wh…[Read more]

Spoke to my conveyencer basically she said if i dont want to buy the property then i will lose the $500 deposit and the vendors could sue me for loses, which she said would be unlikely given the small deposit. I asked her if she could put me onto a solicitor but she said she deals with the solicitor and they just do paperwork so she has given me…[Read more]

Hi Trakka we have only put down $500 to date so no big loss in the contract it says "subject to removal of all caveats prior to or on settlement date" this was co-signed by the vendors and myself.

DepeHey gusdepends on the size of mortgage you will have for the ppor as to weather you are better off renting or buying. Paying $300 plus rent isnt stupid as it may cost you that or more in interest to have a PPOR then you have the principal which you feel you have to pay becuase you need to reduce the debt as its not tax deductible.Contiuning to…[Read more]

My conveyencer is contacting the vandors conveyencer with an offer of a price reduction on the property due to certain defects or we do not go ahead with the purchase becuase of the alterartion without authorization.

I can see where you are coming from Trakka, i guess i'm a little jaded about the whole deal as from the start the agents where trying to take advantage of me becuase my partner and i are both younginsh with not a whole lot of experience in RE, i also dont agree with their silent auction type bidding, but then again i made the decision to make an…[Read more]

Hi all basically you guys  are completeyly missing the point the reason why i am negotiating the price down is becuase of the building inspection there are several issues with the property which i have recently recieved quotes for all of which arent huge issues but when you add them up comes to quite a bit more than i actually can afford on the…[Read more]

Victoria

Spoke with my conveyencer today and i really doubt that he is working for me and not the agent, as he recieves a lot of work from the agent i feel there is a massive conflict of interest. After pointing out the mistake in the contract i told him i would go and have a talk with the agent about it in the mean time he has contacted the agent to tell…[Read more]

Hi Jon it was done after i signed it possibly when the vendor signed it so if both contracts are not the same they are not legally binding meaning i can walk away without loosing anything. Note the contract was signed on the 28/12/07 so we didnt want a cut off date for the inspection as we didnt know how quickly we could get it done due to holidays etc.