https://www.propertyinvesting.com/members/jackie1966/activity/ Activity feed for Jackie1966. Tue, 14 Apr 2026 22:07:57 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 0ec18aa892faa84699bd3722f53c39e5 https://www.propertyinvesting.com/topic/4392698-possible-to-make-multiple-offers/#post-4584555 Fri, 21 Mar 2008 12:00:38 +0000 If all offers were accepted then I would imagine that the bank wouldn't loan you the money to buy all the properties anyway so you could legitimately cancel under the finance clause, couldn't you?

]]> dc57310aad34fe3ce7772cd5887e792a https://www.propertyinvesting.com/topic/4392699-wanted-advice-ideas-and-any-other-fair-comments-please/#post-4584565 Thu, 20 Mar 2008 10:17:31 +0000 I sold real estate for 8 years.  When a property took a long time to sell, it was usually because the price was too high.  By now, any agency agreement with your real estate agent would have run out so, yes, you can sell privately and the agent will not be entitled to any commission.  However, having said this, I would send a letter to the ag…[Read more]

]]> f1a1fd0dad038dd5e64f6e8d566d2343 https://www.propertyinvesting.com/topic/4392698-possible-to-make-multiple-offers/#post-4584551 Thu, 20 Mar 2008 10:10:06 +0000 I guess you could use the "cooling off clause" if all offers were accepted.Jacqueline

]]> bfd8a30e87005874cfbdb3a45ae24d92 https://www.propertyinvesting.com/topic/4392490-can-someone-please-give-me-ideas-whether-and-how-i-can-overcome-these-2-obstacles-to-start-with-property-investment-in-melbourne/#post-4583591 Thu, 20 Mar 2008 10:07:22 +0000 Why don't you perhaps look for a sales job.  Most pay commission only so, I guess, they usually are willing to give someone a go.  If you can find a position somewhere where you can get good strong training, it might lead to something.  Many sales jobs don't mind if you are not experience because this means that you haven't picked up any bad ha…[Read more]

]]> 9dd76d528e8f7ef7242b29aab2ece3a7 https://www.propertyinvesting.com/topic/4392680-has-anyone-had-conservativelow-valuations-of-late/#post-4584484 Tue, 18 Mar 2008 11:46:31 +0000 Who did the valuation?  Your bank or a registered valuer?  I know that we had a valuation with one bank, Westpac, some time ago and the valuation came in at $850,000.  Based on these figures, they wouldn't loan us the money we wanted to buy another property.  However, the ANZ bank valued it at $1,000,000 (shortly thereafter) which was enough to…[Read more]

]]> c1e73d60f1eac7f9d58671b1b05325b0 https://www.propertyinvesting.com/topic/4392454-do-i-still-need-to-offer-a-deposit/#post-4583447 Sat, 15 Mar 2008 09:31:38 +0000 I always asked for a 5% or 10% deposit, when selling real estate, because it really is a sign of good faith.  If the purchaser only puts down, say, $100, what have they really got to lose if they go cold on the idea of purchasing the property?  They could walk and all that's lost is $100 (sure the vendor can sue but that's pretty messy).  If th…[Read more]

]]> f0d3d886b19ef7ebb72c16629a476213 https://www.propertyinvesting.com/topic/4392612-one-property-but-2-offers-what-to-do/#post-4584156 Fri, 14 Mar 2008 14:51:27 +0000 Hey TonyI can't remember the exact wording of a Buyer's Declaration but I'm pretty sure it didn't contain the word "if".  It would have been more like:  [name of buyer] is aware that there is another offer on the property at [address] and acknowledges that he/she must make their best offer blah, blah, blah.  No if's or buts … definite wo…[Read more]

]]> 067ba47e256f761b720f61a5e948e9f4 https://www.propertyinvesting.com/topic/4392612-one-property-but-2-offers-what-to-do/#post-4584150 Thu, 13 Mar 2008 13:30:45 +0000 I would insist on the Buyer's Declaration.  The agent should not have a problem with this if in fact another buyer does exist.  Failing that, I would perhaps ask for input from the Principal of the office (mind you, you have no guarantees that the Principal is ethical).The way our office used to deal with multiple offers was to inform the buyers o…[Read more]

]]> 03b0af228bef119e5bdf558fb60dca18 https://www.propertyinvesting.com/topic/4392578-breaking-purchase-contract/#post-4584002 Wed, 12 Mar 2008 12:23:12 +0000 Forget about the price on the other property … maybe the vendor is desperate for a very quick sale and has put a low price on it for that reason.  If you just go ahead and buy the house you've got a contract on, I'm sure that you'll make money on it down the track.  What other people are asking for their properties hasn't really got a lot to d…[Read more]

]]> ebd6821165e5efee2846c19f0657ea4e https://www.propertyinvesting.com/topic/4392612-one-property-but-2-offers-what-to-do/#post-4584148 Wed, 12 Mar 2008 12:12:14 +0000 When I used to work in real estate, if I told a buyer there was another offer, THERE WAS ANOTHER OFFER.  It amazes me how many buyers think this is just some line an agent dreams up to get a sale.  Sure, agents are paid a commission.  It's their job to list and sell houses – that's how they get paid (why do people begrudge this? Would you go to wo…[Read more]

]]> bf0780108667971982d0cdab88ec17af https://www.propertyinvesting.com/topic/4392612-one-property-but-2-offers-what-to-do/#post-4584143 Tue, 11 Mar 2008 08:50:27 +0000 If you were to increase your offer by, say, $5000, at the end of the day this would mean about a difference of $10 per week to your mortgage (at 9.5% interest).  Would you miss out on the house of your dream for $10.00 a week?  I know I wouldn't.  You keep saying that if someone wants to pay more than it's worth, so be it.  Isn't a property wor…[Read more]

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