hi everyone,

thank you for all the responses.
today, we finally got the vendor to sign the contract, with the subject to finance clause and 30 day settlement terms.

The REA promised to get back to us yesterday to give us an update but he didnt. so this morning we called the agent again, and we were told there are now 3 interested buyers…[Read more]

Hi everyone,

once again, thank you for all your detailed responses. no doubt that these tips are going to save us a lot.

we’ve looked at a few more properties in the area yesterday and dealt with 3 different agents.

We’ve made the mistake of telling the agents how much is our maximum! and now when we ask them what will the vendor take, they…[Read more]

Hi Steven,

thanks for your response. i will go for the rpdata. hoping it would help us decide as to what is the fair price to offer.

we’ve seen a few properties, the last one was reduced to $309K from $320K. And without any effort from our side, the agent simply said that the owners would consider $270K. The other property had an asking price…[Read more]

Hi Terry,

how about a self employed person with ABN for more than 2 years and same situation as JOsh, (about 40K deposit and no large debts or assets) ?

Could you recommend the best available lo doc loans for this scenario ? Also you said you still declare income on a low doc loan. How do you go about that, what papers/ documents you will need…[Read more]

Thanks everyone for the input. going to check out Tarneit today, so we’ll see how we go.

Thanks guys for the reply.

We are looking at buying our first property. we will be living in it for at least 6 months to qualify for the FHOG and then rent it out. But we would also like to buy in an area where there is reasonable CG in the next 2 years, as we plan to pay out the loan as quickly and as much as we can within this first 2 years,…[Read more]

Hi Jo,

hope you will never tire of giving lengthy and detailed answers/ explanations to questions of newbies like me. it definitely helps us in the learning process. not to mention the encouragement you guys also give

i’d started making a list of all the questions that come to mind. and we have decided we will definitely go for a house this…[Read more]

Exactly what im trying to figure out…should i buy in the established suburbs or in those new development estate ? I dont have a crystal ball, and I dont’ have enough knowledge, facts and experience YET to help me be confident in making my own decision and direction. Im trying to learn as much and quickly as i can, but im totally new to RE…[Read more]

you guys are lovely! thanks for showing me some starting point.

I’ve been in Melbourne for roughly 5 yrs, but the first 3 yrs i was a student and wasnt really interested in properties. Spent most of these years living around the MOnash Uni Caufiled area. So places like Prestone or Reservoir never crossed my mind. Always admired Fitzroy (not that…[Read more]

Hi Jo,

Thanks so much for your reply! Your advice on the suburb snapshot has given me a really good starting point. I visit domain.com and other RE websites but i just click from 1 property picture to the next and never noticed the link on suburb snapshot.

we are more interested in areas like sunshine rather than Franston although i have read…[Read more]

redwing,

we actually intended that savings for a deposit, then i don’t exactly remember (or refuse to remember!)how we ended up using it for the trip which was great, visited 7 countries but wish had postponed it. but yes, we do have some good record with the bank and have been with them for years now. we have good credit rating as well, always…[Read more]

HI Mini,

im amazed to know you were clueless just “a year ago”. from your previous posts, i’ve always assumed you must have been in this real estate game for at least 8 years ( just the impression that i got). thanks for encouraging. btw, did you take any real estate courses, do you think it’s worth doing it ?

felicity, im based southeast…[Read more]

Steve,

melbourne

HI everyone,

thank you for all your responses and encouragement.now, i feel like a “real” member of the forum, rather than just a mere observer[:0)]

i went thru the papers but i didn’t notice any ads for wraps except for some country land. anybody in this forum offering wrap services ? or i’ll call the real estate agents and ask ?

steve, i…[Read more]

Billfromoz,

thank you, thank you for your reply ! all i hoped for was a single response ( my previous posts didn’t get any) and i was excited when i saw it came from you. i’ve read some of your posts and always admired whatever you have to say.

i’ll send you an email.

btw, i get my best sleep around 10-11am when my 10month old takes a nap and…[Read more]

hi pete,

just wondering, have u joined bridgepoint ? we went to one of their free seminars but haven’t really joined any of their programs/ training sessions.

cheers,
aafreen

quote:
Has anyone had any experience with ‘bridgepoint united’?

They have a site at http://www.bridgepointunited.com.au

Any thoughts would be great.

Pete

…Beware of the…

[Read more]