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  • Profile photo of PropsaPropsa
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    @propsa
    Join Date: 2009
    Post Count: 8

    Hi Pinwheel

    Fin Spec is spot on. Could depend on a range of things as to what the best option is. If you structured it under a company or trusts or something like that, there might be a couple of tax tricks that may be possible. A Financial Planner or Tax Accountant would be the one to see.

    Good luck with that!

    Propsa

    http://www.strobagroup.com

    Profile photo of PropsaPropsa
    Member
    @propsa
    Join Date: 2009
    Post Count: 8

    Hello Stephen,
    Not always such a good idea to approach the vendor independantly. I’m not 100% sure of the circumstances, but looks like a negotiation issue. Best thing to do is get all 3 parties, yourself, the vendor and the agent in the same room / online conference to sort it out. This is primarily the agents job in a situation like this to resolve the matter. As you are the buyer, you hold the cards. If the offer is not accepted by the vendor, it will have no impact on your finance, so there is no problem there.

    The fact that the vendor has penalties to pay due to changing his loan is not part of the equation and is no concern of yours. The vendor shouldn’t be trying to tie that issue in with the sale of this particular property.

    Hope that helps!

    Regards

    Propsa
    http://www.strobagroup.com

    Profile photo of PropsaPropsa
    Member
    @propsa
    Join Date: 2009
    Post Count: 8

    As its such a common thing these days, there are arguments both ways. From a town planning side of things, its not always such a good thing for aesthetic reasons, but to create equity / rental returns its great. From what I know, its typically harder to sell the back block, but renting it outs a good option as there’s often a higher level of security associated with it, as well as if a whole area has been rezoned where subdividing is possible, the population density will be higher, making it more attractive for renters.

    Terry’s got a good point with the finance side of it. But if you can do it well and the block shape isn’t too awkward, its often a brilliant way to invest in the property market.

    Profile photo of PropsaPropsa
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    @propsa
    Join Date: 2009
    Post Count: 8

    Thanks for the feedback. You raise a couple of good points. As per a mortgage broker, they don’t necessarily get the best interest rates, its also the best structure. Same with a building broker, not necessarily the cheapest builder, but more the best for that job. Different builders will have different areas of expertise, not just from commercial to residential, but also from unit apartments, houses with lofts, double stories, environmentally friendly, designer homes etc. Your point of honesty is also important, as many builders loose work because they are honest. The competitor drops the prices, locks the client in and at contract stage the variations kick in.

    As a result, to answer your questions our service 100% guarantees the best building price, uses the main stream builders to ensure the build can be carried out, (if a builder does go bust, we would organize for the project will be taken over by another one, but this has never occurred with us). We also often ask clients if they are skeptical of our service to go out to the market and get quotes, and we will ensure a better one but ensuring that you are comparing apples with apples. We also choose which builders will quote, as builders prices will vary, and we will also know which builders to pass on the particular job and which one is currently pricing well.

    Hope that answers some of your questions!

    Regards

    Profile photo of PropsaPropsa
    Member
    @propsa
    Join Date: 2009
    Post Count: 8

    Hello Lockymac
    Send us a email through the contact page at http://www.strobagroup.com/contact.htm or send a email to [email protected] and let us know what your trying to achieve.
    Thanks for your post!

    Regards

    Profile photo of PropsaPropsa
    Member
    @propsa
    Join Date: 2009
    Post Count: 8

    Hello Terryw

    Thanks for your comments. Thats correct, we receive a standard fee from all builders for providing them the work. The fee is the same across the board, so it really does come down to which builder is the better priced / located / quality for that particular job. By structuring it that way, there are no upfront costs for the client. And yes, our brokering service is Australia wide.

    Regards,

    Profile photo of PropsaPropsa
    Member
    @propsa
    Join Date: 2009
    Post Count: 8

    Hello Lockymac
    Thats pretty much it. Because there are so many builders out there these days, we provide a service where we tender out the process and go builder direct. That way we guarantee the best building price. What we’ve then done at Stroba Group is tie that in with a property development service, as we will now be able to turn previously unprofitable developments into profitable ones.
    Send a email from our website ( http://www.strobagroup.com ) if you want further information
    Regards

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