Higherdale replied to the topic Raising Finance on a put and call option agreement. in the forum Finance 9 years, 9 months ago
Thanks.
Higherdale started the topic Raising Finance on a put and call option agreement. in the forum Finance 9 years, 9 months ago
My neighbours and I are selling our houses to a developer on a put and call option agreement. Given the way house prices are moving I would like to purchase another house and rent it out until we have settled on the sale of my house. Will the bank give me finance based on the put and call option agreement? Any other advice would be appreciated.
Higherdale replied to the topic Formula to determine value of a property in the forum Help Needed! 10 years, 4 months ago
Thanks Corey,
Sounds like the best way to get things rolling.
Higherdale.
Higherdale replied to the topic Formula to determine value of a property in the forum Help Needed! 10 years, 4 months ago
Thanks Andrew,
Higherdale
Higherdale replied to the topic Formula to determine value of a property in the forum Help Needed! 10 years, 4 months ago
Hi,
Thanks for your reply.
I paid a visit to the council this week and spoke to one of the town planners and am able to confirm the following:
1. building height up to 20m ie 6 floors (sorry not 8)
2. max floor space ratio 1.5
3. min landscape area 30%
There are 11 more properties that back on to ours that all fall under the same…[Read more]
Higherdale replied to the topic Formula to determine value of a property in the forum Help Needed! 10 years, 4 months ago
Thanks Benny,
We are located in Sutherland Shire Sydney about 40min drive from the CBD. We are 5 min from the train station and 5 min walk from Westfield which is undergoing a $400 million expansion and renovation.
I paid a visit to the council this week and spoke to one of the town planners and am able to confirm the following:
1. building…[Read more]
Higherdale started the topic Formula to determine value of a property in the forum Help Needed! 10 years, 4 months ago
We are 7 home owners in a cul-de-sac that is soon to be rezoned for residential up to 8 stories.
Is there a formula that is used to give an approximate value of our land based on the number of apartments that could be built?
It seems to me that so called developers are just “property collectors” who sell the amalgamated parcel of land to big…[Read more]
Higherdale became a registered member 10 years, 4 months ago