Forum Replies Created
thanks for your information members
I thought that recently a new law had been brought in existence where an agent could be penalised if they give inflated opinions of value to the vendor.
Does anyone know anything about that particular new bit of legislation?
Check out the FairTrading act or go to their website. it mentions it in their where the agent must sell your property at the price they have set to sell. the agent must make up the difference if your house sells below the agents price.
Hi C2 thanks for that.
It maybe too late to do anything like that I think,but I will ask my solicitor for sure.
i.p current value – $220k
i.p debt – $127K
used equity of i.p $63k to purchase house to the value of $398k +$13400 s.duty.
I beleive at the moment the current value of house is $430-40K.there is not much money there between us.
Rgds,
Sala
Hi C2,
Thanks for the info.
I am trying to go with option 1. She is bitter & your right about your comment about some people would rather sell everything and walk away with only 5K than see the other person have anything of value.That what she is trying to do.Her solicitor realised that there is no 100 grand that she wishes to get from me,so this saturday her solicitor has organised a meeting to sort things out so not to go to court.She made things very costly by cleaning out the house and robbing me before this was all settled.Regarding your last comment (Is there anything stopping you from borrowing against the properties and reducing the equity and rediverting the funds elsewhere, so there untouchable?) C2 i presume not.Any idea’s.
Thanks
SalaMuch appreciated for the info guys.
Regards,
Sala
thats right.
I hope the solicitor will fight for me. i am trusting his 25 yr exp.
Realistically she is entitled to nothing.
She got more out the marriage than what she put in and also took what didnt belong to her. Married to a greedy thief.Hi Mel,
The IP is worth about 230k.She has practically left me with nothing.She has taken all the house and wedding presents including gold jewelery worth thousands,things that we have bought together. So you may think she may be entitled to the 63k IP equity that I used for the house.
Thanks Sala
Is it true that you can get back some of your LMI if you have payed LMI for a loan?if so,when are you able to get some of the LMI back?
Hi Crissy & everyone.
Ive have come across this great site a few weeks ago and have been reading the forum with interest.crissy,
I also came across this site a few months ago that may be helpful.
http://www.huoa.asn.au/Regards,
Sala
