BlogsIts all good news for me. Im off to  an Aution tomorrow I feel it will be handed in Do you think I should save my petrol and stay at home? Im not a valture but Ive worked hard and saved & Im not living in a 5 bedroom home, plasmer TV in every room & a 4 weel drive in the drivway,  that I cant afford. As Ive said in the past when the shit h…[Read more]

Mortgagee Autions Having attended many Mortgagee Autions over the past 3 months, It supprises me how people that just cant afford the place can be in this situation.  Home ownership comes with alot of resposibilities and costs, not just the repayments. Many go in with the false belief that you cant loose on real estate, well when the shit hits…[Read more]

Thanks to all replys.JackiePlease let me know what offer you would have recommended to your vendor (see my original post).  As I previously worked in the small comodeties market I may be playing it a bit hard. The buyers declaration can work doth ways for or against me. It can show if there is another buyer, depending on the wording most say" If…[Read more]

JackieYes unfortunety for the ethical agents they cop the stigma for the unethical, just read any book, Neil Jenman in particular, about buying realestate the majority paint the industry in a bad light.  "When I used to work in real estate, if I told a buyer there was another offer, THERE WAS ANOTHER OFFER."   Unfortunetly your not the agent …[Read more]

Scott Its been on the market for 3 weeks. I have been reading that some agents use "another buyer is intrested" as standard to get you to give your best price first up. With a sunset clause it puts the pressure on the seller, as I do "Have other properties on my short list"  I guess If I realy want it I pay the asking price. Im sure a seller alw…[Read more]

RandomYes , "STOP MUCKING AROUND or you're going to miss out"  must be in the guide for selling real estate for beginers text book. If a person offers too much the lender will not lend, specialy now. So I think this is what you are pointing out.  No sect. 32 yet and already a buyer and a holding deposit ????  Its difficult to  get finance with out…[Read more]

Joh Thanks for your reply and advice, much appeciated.I think I will ask for such a form or decleration to be signed by the agent re. we have another offer. As it's being comunicated to me loud & clear. If another offer exists thats fine & if they want to pay more than the place is worth thats fine also. However I dont like the over the phone…[Read more]

KrisCorrect on the Sect 32, property in Vic. can not be sold as it must be viewed by the buyer & be part of the contract.  This is what Im concerned about one of the agents told me the property was sold because he want the commishion from the prospective buyer that came to him and took a holding deposit from them.  Sect 32 will be ready next w…[Read more]

ScottThank you kindly for your relpy. A big yes to" what a property is worth & what someone is willing to pay". If I go in to the agent and say Im willing to pay 5K more that the current offer Im sure they will forward my offer.  The "sun set clause" presents a hard line and for an extra 1k they may not bother. Although I would like to think they…[Read more]

SteveThank you kindly for the reply & great info.  I will definety get legal info. tomorrow. I feel I have an emotional attachment to this block as I may build on it to live in one day. I dont want to get into the price war as when the agent knows Im really intrested ( desprate & tired of looking) they may play me off.  I feel the same as you r…[Read more]