Maybe it’s information overload … “buy West, buy East, buy here, buy there”… []
How would you feel about renting for a few months and in that time driving to different areas (or take public transport) spending some time in them, getting a feel for the ares that might suit you, before buying in one particular area.
It’s just a thought.
Investigator, perhaps my tendancy for late night “Foot in Mouth Disease” was rife last night, but I believe I mentioned the word ‘many‘ which implies some, but not all.
quote:
because many of these people doing the scamming
It’s great to see yourself defending your occupation and I’m sure there are many honest and legit operators like yourself who have been given a bad rap because of the doosies out there. Just as you mentioned about WRAPS. Wouldn’t you like to see more regulations in your area of work so that these sort of mistakes cannot happen?
FYI scammers don’t always get away with it, but we were discussing the point about the fact that the industry is largely unregulated thereby allowing some of the ‘bad apples’ to use their title to avoid being litigated. This is a blight on all the good ‘Financial advisors’ or honest ‘wrappers’ even for that matter honest ‘car salesman’ out there, who do it tough because of the one’s who don’t have any integrity.
It was not my intention to imply that the ‘title’ of ‘Financial advisor’ equates with being a scammer.
My opinion might be somewhat biased considering I’ve had a number of dealings with marketers (as this is what I was referring to) and those I’ve come across have been less than honest. However you can see how one bad apple can spoil the rest.
So I guess, I wish I’d come across your services earlier, my opinion might have been different. Please understand it is our life experiences which shape our impressions, ideas and thoughts.
Wow, you should win a prize for your astute observation!!! [8D]
I believe Steve is aware of this and has brought it to their attention. If you have the web link though, can you post it please?
Elwood (closer to Brighton) 400 is entry level now.
Fairfield,
Richmond
Prahran (some still left)
Port Melbourne (overpriced, but still good properties to be found)
Maybe still around Albert Park 400 + entry (you might need to do reno’s)
Many of these suburbs are ‘old’ established suburbs and you might find a few ‘Renos’
What type of area do you want to live in? Apart from being close to the city, do you want to be close to cafes, parks, schools?
I mentioned it’s not technically illegal, because many of these people doing the scamming, have titles eg “Financial advisor” etc, and hence it is hard to prove that they are infact misleading or being deceptive, especially if they can turn around and say “at the time it was good advice for Mr X,Y or Z’s situation at the time”. I think Stu is right, the area is largely unregulated. You ask – When will it happen? I’m sure we will see some changes before the next boom begins, but will they be enough to ward off the cons!
For many of us, I don’t think this comes as any surprise. Perhaps the ACCC should stop talking and start doing something. I’ve been targetted and hit by these marketers many times. I’ve posted about it too.
Unfortunately, other than misleading people and giving false information, what they do is not technically illegal.
I guess it’s why the mantra of “Buyer Beware” and “Due Diligence” is always repeated (perhaps ad nauseum for regular forumites)
I listed this in another post, but here goes http://www.choice.com.au
For those of you doing reno’s they often have good info on latest products including recalls.
A Real Estate Agent is just like any other salesman. Remember they want to make a living too.
I’m not sure about how you go about shopping, but I’ll look through the junk mail, compare the prices of the competition and sees which is better value for money.
When people buy a car, they do all the due diligence, eg. roadworthy test, safety checks, check the ducco for previous accidents, check the tyres for roadworthiness, start the car, take it for a test drive, perhaps even look into the CHOICE magazine (like I do) to see what the ‘experts’ have to say about the model. http://www.choice.com.au
Similarily, If you do your research and you know the going prices of the area you’re looking into, you will soon suss out who’s the real deal. Make up a list of questions to ask the RE, perhaps throw in a trick question. Ask them about local unemployement, strength of rental market, proposed works for the area. Also look for ‘tells’ in body language (nose scratch, ear rub, fidgity fingers, opening and closing of suit jacket…should I continue [][])
I’m sure everyone has gone shopping before, so how do you trust any salesman if you want to get the best product for the lowest price?
I’ll be updating you all on the situation soon. I’m just trying to sift through all the ‘politics’ of the situation and learn the truth. In order to help, I need to stay ‘Switzerland’.
I’m reading your posts and you’ve given me a lot to think on. It’s so so so MESSY!
M hit the nail on the head with this
quote:
The other problem is him – if he refuses to accept that there’s a problem, he may refuse to accept any such help
I think he’s suffered a meltdown from all the pressure []
His only assests are his family. He’s got no job (since forclosure on business – liquidation), not many supporters and his house is triple mortaged.
I’m going to re-read all your posts again, in the morning when I’m sleepsober and get back to you.
Congrats on becoming an ‘M’! []
I don’t think you’d think I was cool if you saw me here sitting with a crying baby on my lap [] [?] He usually likes Elmo [?]
Besides, you bring your own style to the posts. Variability makes it more interesting []
Anyone having a birthday soon and wants a toddler [][:0)] Just kidding, wouldn’t want you all to dob me in for marketing minors [}]
I wouldn’t part with him even if I was falling out of an aeroplane. I’d tuck him into my t-shirt or something. He’s mine for keeps, okay, one day I hope to loan him out to a wife and a couple of kids []
I’m not really cool you know! I’m the worry wort of all times. In fact I just had a idea (fancy that at this time of the night [])
Can you see this work ” Be Worry Free
Call me, I’ll do the worrying for you “ costs 55c a call, higher call costs apply from mobiles and pay phones
I’ve checked out the site and it has some useful information with regards to process involved in building house (minimal detail but informative). http://www.wantahome.com.au/
I believe (though not certain) that the $3500 is a deposit required. It seems to be a vendor finance deal, although they appear to be interested in building a home rather than finding an existing dwelling.