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  • Profile photo of michaelandre70michaelandre70
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    make sure both you and your wife can get a job when you move to the new town and borrowing money is not a problem.

    Darek – agree with you on the classic saying – sometimes you just have to take a chance. but i think taking some precaution so that the risk is minimized, would be better.

    Profile photo of michaelandre70michaelandre70
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    i was thinking the same, but amazingjeffery put the question first. thanks!

    Profile photo of michaelandre70michaelandre70
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    hi Rachel,

    thanks for sharing your experience. there are people who damage others property without eventing the consequence of it. as far as the three boys and weekend party is concerned, i think you should do something about it before the whole neighbor starts complaining!

    Profile photo of michaelandre70michaelandre70
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    does not the word rich refer to the amount of wealth a person has? that is the more a person is wealthy, the richer he is.

    Profile photo of michaelandre70michaelandre70
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    Gary,

    You should keep pushing the agent to refund your deposit. Or you could directly talk to the boss of the agent.

    As far as raising your offer is concerned, that depends on how much you can afford and whether the property is worth that much or not. you could check out the price of other houses around before you make another bid.

    Cheers!

    Profile photo of michaelandre70michaelandre70
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    maybe you could post the whole sentence here so that the members here could be of help.

    just the words make it hard to explain.

    Cheers!

    Profile photo of michaelandre70michaelandre70
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    Welcome Laurie. hope the members here will be able to answer your query and provide you with the best advice.

    Good luck on your purchase and wish you have a happy journey here.

    Cheers!

    Profile photo of michaelandre70michaelandre70
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    Good example on the relocation, Scott.

    Generally tenants stay as long as the lease permit. I think they can also leave early by giving the owner a prior notice. Correct me if i am wrong.

    Profile photo of michaelandre70michaelandre70
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    Before taking the final decision, I would suggest you to calculate the payments/costs for each scenario and also the expected return and find out which one gives you better cashflow or return on investment.

    Profile photo of michaelandre70michaelandre70
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    Bad experience! you should consider hiring a new agent. which agency was it?

    Profile photo of michaelandre70michaelandre70
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    I think the newish unit would be better, taking into consideration the maintenance and repair costs.

    Profile photo of michaelandre70michaelandre70
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    Have not heard of such thing actually. Assuming that you build the house out of loan, so you need to pay for the repayment, which I assume you will make out from the rent you receive from your sister and same goes for your sister. so why not stay in your own house and make the repayment out of the money that you would have to pay as rent otherwise.

    I hope I have not misunderstood what you posted?

    Profile photo of michaelandre70michaelandre70
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    wonderful and informative post. thank you all for contributing and enriching the topic in concern.

    Profile photo of michaelandre70michaelandre70
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    A warm welcome to you in the forum. Wish you have a great time here and all the best for you plans.

    Cheers!

    Profile photo of michaelandre70michaelandre70
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    Sorry to hear about your experience AussieFly. Do post us the updates.

    Profile photo of michaelandre70michaelandre70
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    I completely agree with traolcoladis. The agents want to make their sale without any complicated matters arising. As far as I know building inspection is necessary before making the purchase, so that you are on a safe side.

    You could ask other agents whether they allow it, and then tell your agent that others allow it, so why can not she?

    Good luck on your purchase! and Cheers!

    Profile photo of michaelandre70michaelandre70
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    The lady failing to get her retirement fund and putting you in a bad shape. I am sure she did not anticipate it to happen, neither have you. I do agree with you that she should have had an alternative to make your payment.

    I would agree with the advice by deeplead and Scott.

    Hope things end up well for you.

    Profile photo of michaelandre70michaelandre70
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    Good points noted by xdrew.
    Is there any standard annual rental increase that can be followed to be on a safe side?

    Profile photo of michaelandre70michaelandre70
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    Good post. Thanks to DWolfe for sharing the information in details. I agree with you on the note of asking as much question as possible to the draftsman. You should clear all your doubts and have a clear idea about what is going around before proceeding.

    Profile photo of michaelandre70michaelandre70
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    good bargain from $700  to only $18.

    are the lease fees always a percentage of the rent or are there companies who charges a fixed amount no matter what the rent is?

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