I agree with you, D. ASIC and ACCC are basically bunch of idiot and USELESS.Unsohpisticated are losing Billions of dollar from these spruikers trying to convince them to 'lose' money, Yet NO ACTION from ASIC or ACCC till the end. They are good in talking rubbish everyday in newspaper about cracking the issue of monopoly of Telstra, fixation of…[Read more]
I disagree with you Jon,REA will try to convince the desperate seller… trying to sell probably at or below market price. So that it is easier for them to sell without incurring long and lengthy PLUS costly advertisement. It is the only way to keep their cashflow running…Never TRUST REA…. Get an independant Valuer… only cost A$250??cheersDonald
I think it is completely a JOKE with rental guarantee. It is a clever propaganda from big developer trying to lure the 'mum-and- dad' investor into it. What happen after 1 or 2 years?? The rental price will back to 'market' value and interest rates are keep going up!!!!. If you buy a lemon, it is still a lemon no matter how many sweets your add…[Read more]
I agree with you D. However, there are few bargains out there in property market.Some of the investor(s) who attended the seminar might not be fully informed regarding the risk and complications associated with particular investment product. They should have a policy of written consent etc…I am just wondering how long the ACCC and ASIC will let…[Read more]
It depends the rental price, type of property, location, terms and agreement, quality of tenants and of course the real estate agent.May I know where about in inner west? and what do u mean longer (i,e, few days or few weeks)?
Yes ruk… but the total interest repayment over 25 years would be 1 million+You hope that your house will value at 1.4 million+ In today price, the cost of small car is less than A$20,000 and average sydney house price is A$550kIf in 2003, the cost of small car is A$400,000 then the average of sydney price will be more than A$10 millionCheersDonald
The best 'ripped off' story I have ever seen…..should be published in Book of Guiness Record 2008.No offence but it is worse than highly expert property spruiker.Time for ASIC/ACCC to crack this practice