HI Wayne,
I would ring the agent back and tell him you have had a re think and your offer is now 178k.
Nah only joking. Well done. Now you have my problem, what to do with it. My wife wants the big expensive house and I want to build 2 villa homes. I guess time will tell.
Robo

What difference would it make if they had the motgage with a bank? Wouldn’t the bank sell the house?
Robo

Tip no 1, Put your post under help needed.
Robo

Wayne,
If you really want that block and you only want to pay 180k, Tell the agent you will pay 180k and exchange contracts ie: at 4.00pm tomorrow with 10% deposit and no cooling off. And tell him thats you final offer.
Robo

Hi Wayne,
This is my experience on block we settle on tomorrow. In Jan while on holidays we put offer at 175k, they had dropped from 190k to 180k. They accepted our offer, when we got home we changed our mind.In the next 2 months while looking at other land and talking to builders I found out the owners of land were so called developers and were…[Read more]

Hi,
When do they classify a investor as a developer and how?
Thanks
Robo

Hi Gunner,
We have 2 homes on the 1 block, we live in the back house and rent the front one. I still use a pm so I don’t have to deal with the rent. We have become friends over 2 years they have been there, they collect our mail when we are away and I do their lawn which was not in the lease. Sure if their is a problem they will tell me about it…[Read more]

We made a $100 donation to Care Aust off our visa card on 29/12/04. I was doing some ibanking yesterday and noticed they had deducted it twice.
I rang them and they said they would fix it, which they did they gave us the whole $200 back.
Think I will look for somewhere to give a cash donation.
Robo

Thanks for the replys,
I am just having a problem with having 25k of my own money in the deal when at best it would be neutral cahflow. Saying that the house is in a 12000 plus North coast town and to find anything even close to neutral in this market is rare probably impossible.
There is a new estate nearby land is 75-80k and building is booming…[Read more]

Hi Simon,
Isn’t it common these days to gain early access to a property before settlement. I did it on my last Ip.
My thought was not to arrange finance until after work was done hence a higher valuation?
Thanks
robo

I would love to say this, I have 3 loans with NAB
and have never had any problems. Last loan was aproved in 24 hrs 315k without a valuation. I deal with their Business Banking Center. You can even ring up and speak to the manager, I guess the difference is I don’t have to deal through a Branch.
Robo

If you divide the sqm by 9.2 that will give you the squares.
Robo

Hi Marisa,
I have heard you can seal roofs and paint them, you should speak to a roof painter or someone like Roof Shield.
Robo

http://www.bestclad.com.au

Hi Monopoly,
Does the 6 year CGT exemption only apply if you move from your PPOR into a rental and not purchase a another PPOR within 6 years?
Thanks
robo

http://www.bestclad.com.au

Hi Matt,
Who told you it is ok to take off the cover strips. I am not saying its not just curious. My brother is a cement renderer, he prefers to render over brick, has had trouble with it going drummy over fibro.
robo

Greatpig,
NAB told me for a IO loan as follows,
loan amount x days in month x interest rate divide by 36500 = monthly payment.
robo

http://www.bestclad.com.au

Hi Marisa,
Depending on your wall heights and how many windows and doors there is?
Around $5,000 – $7,000.
Robo

Hi Matt,
If you are going to clad over fibro you only need to take off the corners and cover strips. There is no need to take off the sheets.
Robo

Thanks Simon
Robo
http://www.bestclad.com.au

Hi All,
I have a Vinyl cladding business and clad over fibro, weatherboard and Hardiplank homes.We do 2 homes per week over 1100 in 12 years and can say that no home owner that I have known has ever clad their home to cover up asbestos in the fibro. People clad mainly because they don’t have to paint any more, also for insulation and for fibro, to…[Read more]