Make sure the valuer is accredited with the lender you are approaching , as otherwise you will not be able to instruct the valuer to address it to the particular lender. And dont tell them it is for a lender until after they have done the val, otherwise they tend to steer away from reality. After they have given it to you ask them to readdress it…[Read more]

I have recently purchased in Richmond myself , it is a private company and the properties are only my personal portfolio, not my companies. I negotiate everything in bulk and ocassionally we are offered projects to clear to assist with construction finance needs or pre mortgagee or the developer wants to sell quick because sales are holding up…[Read more]

Hi Woody , for your comfort i own probably australia’s largest property investment company (in turn over of sales ). i have in excess of 60 properties (val in excess of $20M),95% of those are bluechip propreties. in my experience do not invest in low demographic areas( i learnt the hard way). i never use wraps , the key is to own , who wants…[Read more]

Many of the major builders and land developers are currently struggling with sales at the moment. Dependant on the area it is a fantastic deal if you buy well. Always remember you don’t get if you don’t ask, and you should ask for a 10% rebate included in the price. Make sure you are not over paying. The 10% can then be contributed to your…[Read more]