Quote:
well, how about "shill bidding" at some auctions?Friends of the seller or of the realestate agent who offer fake bids just to show more interest in properties?I should search a news about this, it was found to be popular in Sydney.

Clearly you have a dislike for real estate agents, that's fine, however by carefully building working…[Read more]

Quote:
I disagree, I have been dealing with lots of agents and everytime there is an open inspection they claim there is already an offer on the house, sometimes even 2 !!Then 2 months later the house is till there unsold and at a cheaper price!

This confirms what I said, ultimately it is the market (buyers) who determine the sales price of a…[Read more]

Linar wrote:
Hi Katherine"In 10 years time you will look back at the investment property you bought and think that it was a bargain and you should have bought more of them".Property goes up in price.  Sure it may go up and down along the way but it will always go up, just like the share market.  Property today is worth more than it was 10 y…[Read more]

Too much negativity and not much common sense/fact in a lot of this thread, personal opinions, often from people who have no idea of the Australian market, in some cases not even residing in the country, hence no first hand knowledge.

ItalianDragon wrote:
The most annoyning thing is that REALESTATE agents are the number 1 people who inflate…[Read more]

4.5% +GST is very high.

Personally i hate to see tiles painted over, its rare to see it ever looking good after a short period of time (particularly in a shower recess)I think you would be better off replacing a few tiles even if the colour/patterm match isn't perfect, at least it's more functional.I inspected a cheap property the other day, I couldn't believe they had…[Read more]

In relation to Mortgagee sales in Australia

Scamp wrote:
. Remember that when you buy a foreclosure ( at an auction ) you have to :- Pay cash

Many people buy mortgagee properties at auction with pre-approved finance (yes an auction is unconditional in terms of finance clauses in the contract, but it is often done in the background utilising…[Read more]

Yes you can buy a property with $100, in hard times vendors may accept it (what have they got to lose?)  But in a strong market I would be wary offering a $100 deposit on a property I really wanted, most vendors would reject your offer in favour of an offer with a larger deposit that they considered to be a serious offer by a genuine buyer l…[Read more]

Assuming that the purchaser has signed the contract first (which is not always the case) the date of the contract is the date the vendor signs the contract. This is the date that may have taxation implications etc.

I use Julie Schreiber, phone 08 82811553

These Ex Housing Trust semi’s/duplex’s are Torrens title, so there are no shared or strata fees.

Development is a likely option in years to come, but your neighbour is under no obligation.
There are free standing brick houses avaialble in the area at $130 to $140k, rent returns $170 to $180 per week on blocks typically 7 to 800 square metres.
PM…[Read more]

The only drawback with the semi detached homes is that you cannot demolish your semi to build villas or units unless you work in conjunction with the owner of the adjoining property.

Semi’s in the Elizabeth & Davoren Park areas have been a good investment over the past 5-6 years, semi’s purchased for $40,000 to $45,000 in the year 2000 are now…[Read more]

To answer this question, a few more facts are needed.
Has there been an easement registered on the Certificate of Title granting access rights to your neighbour?

Is this the only method (not just the quickest) your neighbour can get access to his land?