House in sunny QLD, in the ipswich shire, it had a building permits for the work that was lodged with ipswich council, I talked to the building inspector who failed it, he wasn't very helpful and he basically said "too bad so sad" leaving me confused on what to do.
So I was told work colleague all I need to do is get someone out there to inspect the footings? as you said: "Footing inspection – below ground….. Without destructive testing it may be a little bit difficult to get someone to sign off on it."
Was it an owner-builder or a builder who did the work? – don't know, the previous owner said he did a lot of work, all dodgie. Did they take out home warranty insurance? – don't know Is it more than 7 years old? – The house is approx 20yrs old, the work no older then 3yrs. Have you contacted the department of fair trading regarding your rights? – no ?? Did you have a lawyer do your conveyance? – yes as there a building certificate issued? – no it failed, but we purchased the house before the final council inspection. Who was the consent authority? – what's that? Who did the construction certificate and was responsible for the inspection certificates? – Don't know
Thanks for helping me out, I'm kicking myself, we were 'friends' with the real estate agent so we rushed into it with their advice, my tip for 1st home buyers – do everything opposite we did!
Hi Tommi, short answer…..no it shouldn't … but don't tell him exactly your budget as his job is to extract as much money from the purchaser (ie… you!!) as possible… good luck mate
I've noticed everything in Brissie under 350 is being snapped up really quick, its a real hassel for first time home buyers like myself, just have to be prepared …
lol well my offer wasn't going to be that low to offend the vendor! I was going to be realistic and I'm hoping he would accept to make a quick buck which inturn he could spend else where. I'm not exactly sure on how much the house was sold for before I moved into it but I know what it was advertised for.
I couldn't prepare an offer form in time so I advised the real estate agent that I'm interested in purchasing the property and also advised that I have my deposit & pre-approval arranged (I didn't disclose any amounts) only an EOI. However I hope the landlord doesn't take it the wrong way and knocks down the house after seeing the problems listed with it because that would mean I would have less then a month to purchase or move else where and pay more rent.
During the time I was waiting for the REA to show up I browsed a website which I've noticed isn't to popular here re.com.au and I actually found some postive cash flow properties with potential high capital growth. Problem is that they are in other states and in order to purchase (& Rent out) any of the properties it would mean having to do it without seeing them in person. – This scares me a little as I would like to know what I'm buying and I'll be loosing my first home owners grant (long term I reakon its worth loosing it over these properties)
Anyhow … I just bought Steve's new book so I'm going to have a read and see if I can find some hints & tips in there Cheers Tom<br /:)” title=”>:)” class=”bbcode_smiley” />
Thanks for the reply’s, looking at the property market and its hard to find a bargin that suits living in it for my repayments, actually any one know a good lending insititution that could lend upto 300k and have repayments as little as 300ish hehe [cap]
It appears the market is so mixed up at the moment, this 3bed room newish house on a tiny block is 260k or I can buy a town house next door for 245k [blink]
I think I might move to the moon and eat cheese hehe [blush2]
but on a serious note, I have 1months notice, my g/f works in Brisbane and I work on the Gold Coast, I drive she catchs public transport, I was going to move to Brisbane too however having some problems in that department at the moment.
Combined income is 70k pa and we are looking for a house in Southern Suburbs below 250k that can be lived in for a yr on a interest only loan, that I can renovate on weekends and increase the equity, then end of year, sell use profits to purchase another property hopefully better.