Scott No Mates replied to the topic SUBMITTING OFFERS in the forum Help Needed! 17 years, 10 months ago
They are two independent offers to two different parties each with their own agenda/motivation for selling. If each of the offers is reasonable to the vendors then they can both accept, sign your contract and you are bound. You will need to decide which property that you desire more, make an offer on it (with a sunset clause) and a sunrise +…[Read more]
Scott No Mates replied to the topic Conveyancing Firm Vs Lawyers and other questions. in the forum Help Needed! 17 years, 10 months ago
Essentially, a lawyer will pass the conveyance to a conveyancing clerk in their office. You then pay the extra for them to check their office's work. Conveyancers are licensed to do the job, if it is a straightforward transaction, use the conveyancer. Both will review the contract gratis prior to you submitting an offer and recommend any…[Read more]
Scott No Mates replied to the topic Paper work for the house lost.. in the forum Help Needed! 17 years, 10 months ago
Contact the solicitor who did the conveyance on your behalf – they may have a record on file. They will also tell you how to get a replacement copy of the title thru the LTO (if it was unencumbered) otherwise your financier will be holding it as security.
Scott No Mates replied to the topic offer ptior to auction in the forum They, as the bereaved, are 17 years, 10 months ago
They, as the bereaved, are out to maximise their inheritance. Going to auction is the fairest way (to them) to achieve the best price on the day. Taking an offer prior to the auction is not in their best interests. If it fails to sell at auction, make sure that you are the underbidder to ensure you can negotiate a sale on the day.
Scott No Mates replied to the topic Building with Hebel cladding. in the forum Value Adding 17 years, 10 months ago
Remember to price apples for apples ie rendered brickwork (ie cheap extruded brick/render) with hebel/render. I have mainly used 600 x 200 x (suitable thickness) blocks not panels for walls (although I have used reinforced panels for roofing). Is using rendered blueboard an option or will you need to achieve the fire/noise ratings?
Scott No Mates replied to the topic Is there any house/townhouse/unit in Vic for 300K? in the forum $300k will score you a 2 bed 17 years, 10 months ago
$300k will score you a 2 bed villa around Doncaster (about 20km).You may have to lower your standards and go for a unit.
Scott No Mates replied to the topic Loan Structure in the forum Help Needed! 17 years, 10 months ago
Yes, although you will still have to meet your monthly minimum repayments.
Scott No Mates replied to the topic Building with Hebel cladding. in the forum Value Adding 17 years, 10 months ago
You've got me confused MS. Are you building brick veneer (but with Hebel) or using 200 mm solid blockwork?Do yourself a favour and download the Hebel Manual (or call one of the reps to bring one out to you) to get an appreciation of the product.I have used it extensively in commercial applications – once you have had it cement rendered, you can't…[Read more]
Scott No Mates replied to the topic Subdivision Cost – help!!! in the forum Value Adding 17 years, 10 months ago
Any Sydney QS will do. Try Parramatta. SNM
Scott No Mates replied to the topic G/friens buying a property and Im doing it up and subdividing. Few Legal and Tax Probs though. in the forum Legal & Accounting 17 years, 10 months ago
Earthling, firstly, in order to contract to do "building works" as defined (ie works over a value of $12k) you require a license, regardless of whether she is paying the contractors directly (ie you are providing a project managment service for works valued over the threshold). Your partner will pay cgt on the profit (unless you are also a part…[Read more]
Scott No Mates replied to the topic land tax on a unit?? in the forum General Property 17 years, 10 months ago
ZJ, LV does not reflect values it is used for statory ratings puposes. They do not go up by "30% each year" this is BS! The VG undertakes its valuation cycle on a 3 year basis (or 4 years in rural districts) with minor adjustments annually. If you can cite the addresses of 2 such sites which have increased at this rate I'll buy you a beer (and a…[Read more]
Scott No Mates replied to the topic Outrageous NSW Land Tax in the forum General Property 17 years, 10 months ago
Zoe, land tax and land value is based on statistical information gathered through the sale of comparable properties in an area. In assessing the LV of your property, you can view which properties have been used to determine the LV for yours (via the OSR website) and assess for yourself how comparable they are. Unless you have a proper…[Read more]
Scott No Mates replied to the topic Subdivision Cost – help!!! in the forum Value Adding 17 years, 10 months ago
Contact the council firstly to check if the DA has lapsed, if so, what is required to restart it or extend it? Then ask the town planners what it will cost for their approvals. A civil engineer or a qs should be able to ball park some subdivision costs for you.There are other threads on this – so search them out.
Scott No Mates replied to the topic picture rails in fibro walls in the forum Value Adding 17 years, 10 months ago
Predrill it – wear a mask, keep the area wet to stop the dust. It is otherwise a very brittle material.
Scott No Mates replied to the topic Tenancy Application – PM won’t provide details to landlord in the forum Legal & Accounting 17 years, 10 months ago
Trakka, the agent acts on your behalf. If you sack them, then you can do all the dog work yourself ie reference/credit checking, trust accounting, issuing of statements, inspections, advertising/marketing, open houses etc.
Scott No Mates replied to the topic “land tax adjustable” confusion—please help in the forum General Property 17 years, 10 months ago
Tammy, as far as I know, land tax is charged annually in advance based on the ownership as at 31 Dec of the previous year. You may need to check if the bill is for last year or for this year, and advise the OSR that you have disposed of the property. Query your solicitor as to why they did not make a land tax adjustment to the property.
Scott No Mates replied to the topic Where to start? in the forum Help Needed! 17 years, 10 months ago
For value, look around Blacktown LGA (Toongabbie, Blacktown, Seven Hills etc) – good sized blocks, some are subdivisible others just able to have granny flat etc. Area is close to transport and prices have taken a hammering so there may be some good buys to be found.
Scott No Mates replied to the topic Transportable Housing???? Thoughts in the forum Value Adding 17 years, 10 months ago
Any other mobs like prebuilt able to supply to the area?
Scott No Mates replied to the topic G/friens buying a property and Im doing it up and subdividing. Few Legal and Tax Probs though. in the forum Legal & Accounting 17 years, 10 months ago
Firstly, do you have a builders' license? You can't contract, even to your girlfriend, without one. Onwer builders licence is a possibility but you are restricted as to how many jobs you can do over a certain timeframe ie one every 5 or 6 years and you must do an owner builders course (nothing stopping you both doing the course and taking turns as…[Read more]
Scott No Mates replied to the topic Has anybody invested in Defence Housing or Aged Care? in the forum General Property 17 years, 10 months ago
Only as good as the area in general – they will not appreciate more than other houses. It may be worth going through all of the motions with DHA, finding out where the houses are (usually near barracks or other facilities) and buying nearby eg Williamstown, Townsville, Richmond. find out long term plans for the military base eg expansion,…[Read more]
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