Forum Replies Created

Viewing 3 posts - 1 through 3 (of 3 total)
  • Profile photo of paganpagan
    Member
    @pagan
    Join Date: 2004
    Post Count: 5

    Hello Ozi,

    I don’t no if this will help but this is how we negotiated our last property that needed a bit of work / renov to it.

    As you mentioned rough asking price is appro $320000 and as Rikky said before -10% then work out approx cost for renov”s and take that from the asking price as well.

    Are your finances in place ” have pre-approval” etc if not get them in place.

    Do you have access to some spare cash ?? maybe $10000

    Once all this in place go back to the vendor with a writen offer with something like this:

    Offer : $305000 / $310000 with a $10000 cash dep “and wave / or hand them $10000 ,quick settlement 10/15 working days offer is valied for 24hrs.

    Worst case they say no.[blink] but alway keep in mind your profits are made when you buy the property.

    Hope this helps
    Pagan

    Profile photo of paganpagan
    Member
    @pagan
    Join Date: 2004
    Post Count: 5

    Hi,

    I made the mistake of collateralisation 3 properties afew years ago.

    Is there a way to undo this mistake and at what cost??

    Should I just appproach my current lender and see what they say ??or do you have to take a different approach??

    Any help would be appreciated.

    ;) Pagan

    Profile photo of paganpagan
    Member
    @pagan
    Join Date: 2004
    Post Count: 5

    Hi Frano,

    I have used Jeremy Malcolm his contact details are

    email : [email protected]
    ph : 08 9213 0800

    See ya
    Pagan

Viewing 3 posts - 1 through 3 (of 3 total)