An agent will often say when one makes an offer “Only two days ago someone made an offer considerably higher than yours and the owner didn’t accept it”.
Often that isn’t true and he is only saying this to coax a higher offer out of you.
On the other hand the agent may quite possibly be telling the truth and if you don’t believe him (as I am…[Read more]
I was only watching a program on that very subject a couple of nights ago.
Our behaviour has all got to do with hormones and spheremones.
Sometimes one hears about a mother who just abandons her baby. This is apparently caused by the lack of a particular hormone which is responsible…[Read more]
What I don’t understand is how it is possible for there to be such a discrepancy between what you Felicity consider the correct market value to be and what is the asking price.
I suggest that it may be a good idea to ask the agent whether he can show you some recent comparable sales to confirm the proper value of this property.
An agent wants, needs to basically know that he is the only one selling it if he is going to spend money advertising the property. And that is only fair and reasonable.
On the other hand the vendor is entitled to receive assurances that the property will be actively promoted during the agency period (i.e. advertised and open house once or twice a…[Read more]
One good enough reason for a developer to delay commencement of the construction is because he hasn’t made sufficient of the plan sales and is therefore unable to obtain construction finance.
Another may be that he may want to sell most of them on completion and he may judge that the timing isn’t right.
Just thinking about the posts I read about New Zealand guys having to return home as they will no longer qualify for the dole in Australia.
That means, Mini, that there will be a surplus of New Zealand guys who would like to get married to an Aussie girl so as to obtain proper residential status.
This also means Mini that you will have a large…[Read more]
It’s not complex, you simply need to get a sworn valuation for the property (costs about $400) when it is no longer a rental property and becomes your main residence.
If it turns out that you’re looking at a capital loss, then capital gains tax would be a nice problem to have. If a capital gain has arisen, don’t worry because…[Read more]