Terryw wrote:
You can only settle in the future, so I assume you mean 15 June 2008And you can settle whenever you wish if you can find a buyer willing to agree. Generally investors would be happy for a long settlement as the price can be agreed upon now and they can receive any capital growth between now and settlement.

Thanks for the reply…[Read more]

trakka wrote:
Why do you want to sell so quickly? If it's because you believe you've made a capital gain and want to move on to another investment, then forget the FHOG and just sell it now. I just can't imagine what situation you'd be in that would make this strategy a good one for you. Perhaps you can explain?

Hi Trakka,I recently built as…[Read more]

thanks Jonchu,its just that trying to get a valuation on my own home will be difficult as I only have older houses as comparables (1-3years), and mine was completed 1 week ago!

I do live the spec end of the market, especially oilers.Cityview is my best hold (CVI). To cut a long story short, CVI is valued at $40mill…on a par with oil exploration companies.The real kcker is that CVI have inherited land which Gulf USA drilled in the 80's (20%)…with a PROVEN 60MMBLS +gas+ probability to increase resource.Valued as and…[Read more]

Thanks Lifex,

Your words echo exactly what I have heard from others.

I think you’re all right..and I’ll take things slowly .e rent for a year or so..and see what these interest rate hokes do to the market.

TC

Originally posted by lifeX:
You won’t get a house in a reputable inner suburb for $300k. Maybe a flat or unit.

For a family home around the 300k range, I’d consider Boronia, Ferntree Gully.

Frankston South (in the High School Zone)

Edithvale area (near bay)

But you want to get a hold of at least $450k to buy anything similar to your…[Read more]