Hi benny,

Thanks for the advice – though the deadline was too tight so I’ve taken the finance at the lower level, which – after some reshuffling of other loans – has worked out and we can get the block though our cash flow will be a little tight for the first couple of months.

Over the weekend I just heard that the block on the other side of ours has sold for $10k so between this one, and the other one at $188k we’ll definitely be able to get a supplement loan in 6 months or so

Cheers

Wayne

Wayne Leech

*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.landsearcher.com.au – List your land for FREE (Private sellers only)
http://www.homesearcher.com.au – List your property for FREE (Private sellers only)

hi g7,

i’m happy with my broker, as he’s been helped me with my last 3 loans.

I’ve acutally had to switch all my current loans from anz to westpac to try and get the finance…so i’m kind of stuck with westpac:( Plus finance is due by the end of this week!

maybe i could ask for a re-valuation??

Wayne Leech

*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.landsearcher.com.au – List your land for FREE (Private sellers only)
http://www.homesearcher.com.au – List your property for FREE (Private sellers only)

cheers jparson:)

Thanks all for your replies… Lisa (girlfriend) has spoken to her HR department so they are going to let her know if they banks ring up… and they said they wouldn’t mention her resignation unless they are asked:)

Yes, I’m already going guarantor for the loan as both my current IPs are used for collateral…so yes, hopefully as I’m already guarantor – they will focus more on my details:)

cheers

wayne

hi robo,

haha:) yeah – I’m hoping to have one of my first IPs paid off in bout 3-4yrs – then I plan to use the rent from that IP to pay for a the mortgage on a 2 storey – allowing me to capture the ocean views:)

I’ve still got one more hurdle to get over, which is the finance. I’ve already seen a broker – though I just need my current IPs to come in at the right valuation then I’ll be heading down to the local bottle shop for the champagne!![biggrin]

Wayne Leech

*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.landsearcher.com.au – List your land for FREE (Private sellers only)
http://www.homesearcher.com.au – List your property for FREE (Private sellers only)

Hi guys,

Update at 10.57am – thursday.

I justed faxed through my final offer of $180k with a ‘valid till 30/03/05’ on it.

The agent has responded saying they’ve come back with $182k.

I’ve told them that $180k is my final offer, and that I’m heading off to jurien bay for the weekend so if they change their mind to call my mobile!

Hopefully the easter spirit makes them drop another $2k!

Cheers

Wayne

latest update – 10.04am:

Owner has come back at $184k … still not $180k – though it’s getting closer!

Wayne Leech

*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.landsearcher.com.au – List your land for FREE (Private sellers only)
http://www.homesearcher.com.au – List your property for FREE (Private sellers only)

hi jhopper,

the agent has replied saying that won’t go any lower than $185k – so do you think i just don’t reply at all?? Obviously though the agent will probably call me tommorow asking what i would like to do…

In regards to Easter – are you saying it’s usually harder to sell a property in Easter?

I thought that in Easter people would have more time than usual – therefore would use this time to drive around looking at more properties?

cheers

wayne

bugger… looks like i might have to walk:(

i said to the agent that if I speak to my broker I may be able to get $180k – therefore please can you ask the owner to see whether it’s worth me speaking to my broker – and whether he is prepared to negotiate anymore…

He replied saying no, he won’t go any lower than $185k.

I think i’ll have to put in $180k and walk…

Wayne Leech

*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.landsearcher.com.au – List your land for FREE (Private sellers only)
http://www.homesearcher.com.au – List your property for FREE (Private sellers only)

Hi guys,

Thanks heaps for the feedback! It’s great to hear all your advice!

In regards to the value of the block I believe it’s worth $190k, and once marmion ave and a few other developments start in a couple of months – who knows!

However, saying that – my ‘walk away’ price is $180k. I can’t afford to go any higher than that – and won’t.

I’m hoping that he will come back and accept the $178,500 so I have an extra $1,500 for back up etc – though if I need to spend $180k then that’s my limit.

If he comes back with $182k or something like that today – should I just say $178,500 is my last price and see what he says?

I know there’s plenty more opportunities around the corner, though without being ’emotionally’ attached I do believe this block has a lot of potential. And with having a single storey house already built in front of it, awesome ocean views are guaranteed once I build a two storey on it! (That’s stage 2 of my plan:))

cheers

Wayne

Wayne Leech

*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.landsearcher.com.au – List your land for FREE (Private sellers only)
http://www.homesearcher.com.au – List your property for FREE (Private sellers only)

foundation – what do u mean by ‘gazunder the week before settlement’?