Forum Replies Created
Please excuse my newbie ignorance, but how does one go about doing this:
1. Remove a height restriction caveat – we are looking at $ 600 fees for a 300K jump in value.
Go to the local council?
I think I can summaries the problem in one word…”money”…or the lack of it. or the fact that it’s not infinite! [biggrin]
Is changing a colourbond roof more simple and quicker than changing a tile roof? From the posts, it seems that a colourbond roof can be lifted off and a new one bolted on if there is a need to change.
Thanks
During periods of heavy rain, is colourbond roofing more noisy than tile?
If so, then are there any options to install some noise insulation material in the colourbond roofing so that the noise can be reduced?
Thanks!
Let’s say I am working overseas and have a property in Perth. I plan to leave the property intenanted for the time being (moving back in a few months).
If I do not want to engage an agent to manage the property, what are my other alternatives in terms of getting someone to drop by to check on the property, collect mail, make arrangements for lawn mowing etc etc?
Is anyone offering their services to do that? The person will be paid of course. [biggrin]
Cheers
Originally posted by j4smythe:Finally try this one for size: agent ‘a’ :no asian will buy this house, its 13 which is death. Agent’b’ feng shui ? I give you…..go to council spend 250 bucks change the number
simple, do you see my problem, and I got a list
I am sorry I had to re-post this as i believe i placed it in the wrong forum section.I think your agent got it wrong. I’m asian and would not mind the number “13”. It’s the number 4 or combinations of 4 such as “44” etc that asians fear as “4” literally means “death”.
And as long as your house is squarish and the plot does not end in sharp corners, you’d be alright.
P.S. I don’t believe in the Feng Shui stuff but apparently it’s got some truth in it. [biggrin]
Originally posted by Terryw:Richard is the right person
Terryw
Discover Home Loans
North Sydney
[email protected]Thanks, have just discovered that! [biggrin]
Hi guys,
I’m referring to services like RP Data, propertyvalue.com.au, Home Price Guide etc.
As for the actual valuation of the property, how does one go about arranging for it (sorry I am a newbie so need to ask fundamental questions).
Thanks
Vernon
Originally posted by Qlds007:Vernon
Don’t think you are talking to the right people.
Cheers Richard
Ph: (07) 3720 1888
[email protected]
http://www.yourstatefinance.comIP funding and US property finance
our specialityHi Richard,
Can you then direct me to the right people to whom I should be speaking to?
Thanks!
jtw,
would your friend be able to give some indication as to the price of building such a property? Also what other costs are there, e.g. insurance etc? that one should be aware of?
Thanks
Hi everyone I have asked around and found out the range of lending from various banks to be between 70% or purchase price (if I obtain finance to buy the vacant land) and 90% of purchase price if I intend to build and can provide a builder’s contract.
Cheers
Originally posted by Dr.X:Hi Vernon
can’t speak for kiwi (thanks Kiwi by the way for providing those examples). But I’m presuming that the option fee of %5000 and the weekly option payment of $145 is dedicted from the final purchase price of $295,000.So the tenant has %5000 + 156x$145 =$27,620 to credit towards the purchase price if they exercised their option at the end of 3 years.
Hope this helps
We buy properties in Adelaide. Immediate Cash Settlements, No Real Estate Agents, No Fees.
[email protected]
phone 0412 437 582hi Dr X,
Thanks for the reply.
So can I assume that if the option is not exercised (and depending on the contract), the tenant would not get back any of this $27,620?
Don’t worry, many of the people I assume are either:
1) Not truely aware of your purpose and goals in life or
2) Judge you accroding to the way THEY see the world…or
3) Too scared themselves to take the leap so wonder why other would want to… [biggrin]
Originally posted by Kiwi-Fulla:Live example:
Location: Mount Druitt
Option Fee: $5K
Strike Price: $295,000
Weekly Rent: $250
Weekly Option: $145Combined weekly: $395
Term 36months
Did not excersize option at 18 months. did it again at a higher price!
Cheers
KiwiI am exploring the possibility of purchasing thru Lease Option and would like to know:
1) Which amounts above can be counted towards the final purchase price when the option is exercised (deposit, rent, …)
2) Does the option fee count towards the final purchase price as above?
3) Is the “strike price” the agreed final price to purchase the property or is it the price that the property is initially purchased at?
Thanks
thanks for the replies John and Dazzling…what 2 contrasting experienced. John, your 2 experiences must have really been a nightmare and it is seriously making me think again…[blink]
As for Dazzling’s neighbour, I think all the neighbours are really gracious and mature…he can count himself to be a lucky guy!
Any banks/lenders giving 106% loans in WA?
Thanks!
Can anyone confirm if the builders mentioned above have their own building teams or do they subcontract the jobs to smaller contractors?
Do builders with own building teams work faster than subcontractors?
Which is the safest way to go?
Thanks
This is a great discussion. I have some questions:
1) Must the owner that is offering the property for lease option have paid up the property in full?
2) Related to Q1, can a mortgaged property by put up for lease option?
3) How do I find out how to do lease option in WA?
Thanks
